Equities research analysts forecast that Orion Engineered Carbons S.A (NYSE:OEC) will post earnings of $0.41 per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Orion Engineered Carbons S.A’s earnings, with estimates ranging from $0.40 to $0.41. Orion Engineered Carbons S.A reported earnings per share of $0.37 in the same quarter last year, which indicates a positive year-over-year growth rate of 10.8%. The company is scheduled to issue its next earnings report on Thursday, August 3rd.

According to Zacks, analysts expect that Orion Engineered Carbons S.A will report full year earnings of $1.62 per share for the current year, with EPS estimates ranging from $1.59 to $1.64. For the next financial year, analysts expect that the firm will report earnings of $1.80 per share, with EPS estimates ranging from $1.75 to $1.85. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Orion Engineered Carbons S.A.

OEC has been the subject of several research reports. BidaskClub upgraded shares of Orion Engineered Carbons S.A from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. ValuEngine cut shares of Orion Engineered Carbons S.A from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 2nd. Berenberg Bank initiated coverage on shares of Orion Engineered Carbons S.A in a research note on Tuesday, May 16th. They set a “buy” rating and a $26.00 price objective for the company. Zacks Investment Research upgraded shares of Orion Engineered Carbons S.A from a “sell” rating to a “hold” rating in a research note on Saturday, April 22nd. Finally, TheStreet upgraded shares of Orion Engineered Carbons S.A from a “c” rating to a “b-” rating in a research note on Monday, July 24th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $22.60.

Institutional investors have recently bought and sold shares of the stock. Oxford Asset Management purchased a new position in Orion Engineered Carbons S.A during the first quarter valued at about $1,681,000. Bahl & Gaynor Inc. boosted its position in Orion Engineered Carbons S.A by 2.3% in the first quarter. Bahl & Gaynor Inc. now owns 59,160 shares of the specialty chemicals company’s stock valued at $1,213,000 after buying an additional 1,340 shares in the last quarter. Keybank National Association OH boosted its position in Orion Engineered Carbons S.A by 14.0% in the first quarter. Keybank National Association OH now owns 59,300 shares of the specialty chemicals company’s stock valued at $1,216,000 after buying an additional 7,300 shares in the last quarter. Trexquant Investment LP purchased a new position in Orion Engineered Carbons S.A during the first quarter valued at about $523,000. Finally, Nine Chapters Capital Management LLC purchased a new position in Orion Engineered Carbons S.A during the first quarter valued at about $250,000. Hedge funds and other institutional investors own 39.11% of the company’s stock.

Shares of Orion Engineered Carbons S.A (OEC) traded down 2.11% during mid-day trading on Monday, reaching $20.90. 649,690 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $20.71 and its 200-day moving average price is $20.07. Orion Engineered Carbons S.A has a one year low of $16.02 and a one year high of $24.55. The company has a market capitalization of $1.24 billion, a PE ratio of 23.02 and a beta of 0.51.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Wednesday, September 20th will be paid a dividend of $0.169 per share. This represents a $0.68 annualized dividend and a yield of 3.23%. The ex-dividend date is Tuesday, September 19th. Orion Engineered Carbons S.A’s payout ratio is 88.24%.

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Orion Engineered Carbons S.A Company Profile

Orion Engineered Carbons SA is a producer of carbon black. The Company operates through two segments: Specialty Carbon Black and Rubber Carbon Black. The Specialty Carbon Black segment is engaged in the production of specialty carbon black. The Rubber Carbon Black segment is involved in the production of rubber carbon black.

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Earnings History and Estimates for Orion Engineered Carbons S.A (NYSE:OEC)

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