Orange SA (NYSE:ORAN) has received an average rating of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $19.00.
A number of analysts recently commented on the company. Morgan Stanley downgraded Orange from an “overweight” rating to an “equal weight” rating in a research report on Thursday, June 6th. Zacks Investment Research downgraded Orange from a “hold” rating to a “sell” rating in a research report on Tuesday, May 28th. Finally, Berenberg Bank raised Orange from a “hold” rating to a “buy” rating in a research report on Monday, April 1st.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Liberty Wealth Management LLC bought a new position in Orange during the fourth quarter valued at $25,000. Financial Gravity Companies Inc. bought a new position in Orange during the fourth quarter valued at $40,000. Zions Bancorporation N.A. bought a new position in Orange during the first quarter valued at $45,000. Covenant Multifamily Offices LLC bought a new position in Orange during the first quarter valued at $48,000. Finally, Cresset Asset Management LLC bought a new position in Orange during the first quarter valued at $56,000. 1.47% of the stock is owned by institutional investors and hedge funds.
Shares of ORAN opened at $15.64 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.72 and a quick ratio of 0.69. The company has a market cap of $41.34 billion, a P/E ratio of 21.42, a price-to-earnings-growth ratio of 1.12 and a beta of 0.39. Orange has a 12 month low of $14.84 and a 12 month high of $17.54.
The firm also recently declared a semiannual dividend, which will be paid on Thursday, June 27th. Investors of record on Monday, June 3rd will be given a dividend of $0.4471 per share. This represents a dividend yield of 3.81%. This is an increase from Orange’s previous semiannual dividend of $0.34. The ex-dividend date of this dividend is Friday, May 31st. Orange’s dividend payout ratio (DPR) is presently 89.04%.
Orange Company Profile
Orange SA provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators in Europe, Africa, and the Middle East. The company offers mobile services, such as voice, SMS, and data; fixed broadband and narrowband services, as well as fixed network business solutions, including voice and data; and convergence packages.
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