Analyst Rating: Will Origin Materials Inc (ORGN) Stock Lead the Market?

Wall Street is positive on Origin Materials Inc (ORGN). On average, analysts give the stock a Hold rating. The average price target is $2, which means analysts expect the stock to climb by 100.00% over the next twelve months. That average ranking earns the stock an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating ORGN a Hold today. Find out what this means to you and get the rest of the rankings on ORGN!

See Full ORGN Report

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Origin Materials Inc Stock Today?

Origin Materials Inc (ORGN) stock has fallen -3.85% while the S&P 500 has gained 0.22% as of 9:58 AM on Monday, Nov 20. ORGN is lower by -$0.04 from the previous closing price of $1.04 on volume of 168,346 shares. Over the past year the S&P 500 has gained 14.54% while ORGN is lower by -81.10%. ORGN earned $0.35 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 2.83. Click Here to get the full Stock Report for Origin Materials Inc stock.