orbital energy stock

Orbital provides natural gas infrastructure and technology, including metering and remote telemetry units (RTUs), as well as a range of personalized gas technology solutions for the gas, power generation, emissions, manufacturing and automotive industries. The company offers GasPT, which is a natural gas logic meter offering a natural gas quality measurement solution. Its business also includes Orbital Power Services, Orbital Solar Services, and Gibson Technical Services, Inc. (GTS). Orbital Infrastructure Group, Inc. provides infrastructure services to customers in the electric power, telecommunications, and renewable industries. In addition, it provides engineering, procurement, and construction services that support the development of renewable energy generation focused on utility-scale solar construction.

orbital energy stock

GuruFocus research has found that growth is closely correlated with the long term stock performance of a company. A faster growing company creates more value for shareholders, especially if the growth is profitable. The 3-year average annual revenue growth of Orbital Energy Group is 15.1%, which ranks better than 85% of the companies in the industry of Utilities – Regulated. The 3-year average EBITDA growth rate is -15.9%, which ranks in the bottom 10% of the companies in the industry of Utilities – Regulated. The company’s strategic M&A transactions are showing aggressively positive results, with the MRQ being a testament to operational synergies.

Orbital Energy Group daily forecast for a month

It’s good to see that Orbital Energy Group has rewarded shareholders with a total shareholder return of 304% in the last twelve months. Notably the five-year annualised TSR loss of 9% https://1investing.in/ per year compares very unfavourably with the recent share price performance. The long term loss makes us cautious, but the short term TSR gain certainly hints at a brighter future.

The company was founded in 1957 and is headquartered in Hauppauge, NY. Dividend Per Share is a financial indicator equal to the ratio of the company’s net profit available for distribution to the annual average of ordinary shares. Shares of Orbital Infrastructure Group reverse split on Friday, April 21st 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, April 21st 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. Due to the high leverage, the interest charge on the company’s income statement has grown by more than 11 times YoY.

In the last year Orbital Energy Group saw its revenue grow by 64%. But the share price has really rocketed in response gaining 304% as previously mentioned. Even the most bullish shareholders market segmentation examples india might be thinking that the share price might drop back a bit, after a gain like that. But if the share price does moderate a bit, there might be an opportunity for high growth investors.

Orbital Infrastructure Group MarketRank™ Forecast

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. OEG stock was up 35.8% as of noon Monday and is up 205.6% since the start of the year. Provides a general description of the business conducted by this company.

Orbital Infrastructure Group Reports First Quarter 2023 Results – PR Newswire

Orbital Infrastructure Group Reports First Quarter 2023 Results.

Posted: Tue, 16 May 2023 07:00:00 GMT [source]

To find out the high quality companies that may deliever above average returns, please check out GuruFocus High Quality Low Capex Screener. Here’s everything investors need to know about OEG stock and its recent joint venture. Similarly, its EV-to-Sales and EV-to-EBITDA ratios are also materially lower than the industry median. Because of OEG’s high leverage, the EV-based metrics are much more pertinent to the company. The net effect has resulted in a negative 0.68 Altman Z score, a total debt-to-equity ratio of 467.5%, a negative book value of 2.09, and a negative 8 debt-to-FCF ratio.

OEG Stock – Frequently Asked Questions

Similarly, its FCF per share deficit has been reduced 8 times YoY and 5.5 times sequentially from $0.32 and $0.22 to $0.04. After years of producing cash flow deficits, I expect the company to be cash-flow positive in 2022. This growth has been heavily fueled by increasing the company’s leverage, with its total debt growing over 8 times YoY from $34.5 to $288.2 in the MRQ. The company has also raised cash to pay down its debt, with the most recent transaction resulting in net proceeds of around $20 million by issuing over 16 million shares. In 2022, the revenue is expected to increase almost fivefold from almost $83 million in 2021 to $400 million at the midpoint.

“As OEG’s electrical power platform, I look forward to teaming with Jim, who shares my values and vision, to take our company to the next level.” “I look forward to working with Kurt to advance OEG, through its new electric power infrastructure platform, Front Line, to expand our service offerings, geographic footprint, and customer base, and to create shareholder value for years to come.” Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use, please see disclaimer.

Airbus, PHI Group Sign Deal for 28 Helicopters – Marketscreener.com

Airbus, PHI Group Sign Deal for 28 Helicopters.

Posted: Tue, 12 Sep 2023 13:44:03 GMT [source]

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

Who is the largest manufacturer of Orbital Shakers Market worldwide?

The senior management team, including CEO & Founder, Kurt Johnson, will remain with the company. OEG expects no organizational changes to FLP’s successful, long-term operations. Below are the latest news stories about ORBITAL ENERGY GROUP INC that investors may wish to consider to help them evaluate OEG as an investment opportunity.

  • Chapter 10prospects the whole Orbital Shakers market, including the global sales and revenue.
  • Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
  • The company announced plans to exit its Integrated Energy Infrastructure Solutions and Services segment in December 2021 by disposing its Orbital Gas Systems’ UK and North America subsidiaries.
  • With seven satellite buses in the programme, the company says it is standardizing common components that can be stocked and interchanged depending on the bus configuration.
  • All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and,
    moreover, are not trading signals.

Industrial chain analysis, the raw material (suppliers, price, supply and demand, market concentration rate), and downstream buyers are analysed in this chapter. This comprehensive report undertakes a discerning scrutiny of the reverberations of COVID-19 on the global Orbital Shakers market, both through a global and regional lens. The report places paramount emphasis on a multifaceted market analysis concerning COVID-19 and delineates prudent response strategies across diverse geographies, spanning North America, Europe, China, and Japan.

These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential,” “predict,” “project,” “should,” “would” and similar expressions and the negatives of those terms. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. Orbital undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data.

An inability by the company to convert its topline growth into positive cash flows would result in interest expense payments not being covered. The company has shown impressive growth in the previous period, but the growth has come at a great cost. It has been achieved through heavy financing, leading to a weak balance sheet. The debt has resulted in a meteoritic rise in interest expense and financial leverage.

Investment Thesis

BKR shares have risen nearly 50% in the past year and are currently hovering near a 52-week high. It uses the current share price and divides it by the total earnings per share for the last 12 months. Orbital Energy Group stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals.

  • For Orbital Energy Group stocks, the 200-day moving average is the support level today.
  • The Company specializes in the acquisition and development of innovative companies to create a diversified energy infrastructure services platform.
  • Even if we assume a 20% quarterly revenue increase released from the synergies, we can expect annual revenue of about $377 million, an annual increase of 4.5 times.
  • It uses the current share price and divides it by the total earnings per share for the last 12 months.

It shows unprecedented growth, improvement in profitability, and stronger cash generation capabilities. Its accretive acquisitions have boosted its sustainable, recurring revenues over 12 times YoY, and its profitability margins have shown positive results for the first time in ages. The company’s rigid history of being non-profitable dampens any prospects of improvement in its share price based on positive news. However, its recent endeavors aren’t merely bullish news but facts and figures observable in its MRQ financial results.