Alert: Negative Investment/Fundamental Signals (3/6/24)-ORANGE (NYSE: ORAN)

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Extremely important negative changes in investment behavior have recently occurred for ORANGE (NYSE: ORAN): the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.

Significant negative changes in fundamentals have recently occurred for ORANGE (NYSE: ORAN): the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, ORAN is expected to continue to be an important Value Builder.

ORANGE has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ORANGE has a neutral Power Rating of 52 but a good Appreciation Score of 83, leading to the Positive Value Trend Rating.

Recent Price Action

On 3/6/24, ORANGE (NYSE: ORAN) stock was unchanged 0.0%, closing at $11.52. However, trading volume in this flat performance was below average at 69% of normal. Relative to the market the stock has been strong over the last nine months but has declined -1.5% during the last week.

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