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.
Notable negative changes in fundamentals have recently occurred for ORANGE (NYSE: ORAN). Negative developments: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ORAN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
ORANGE has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. ORANGE has a very high Appreciation Score of 86 but a slightly negative Power Rating of 35, and the High Neutral Value Trend Rating results.
Recent Price Action
On 5/2/24, ORANGE (NYSE: ORAN) stock rose modestly by 0.4%, closing at $11.09. NORMAL trading volume accompanied the advance. The stock has performed in line with the market over the last nine months and has declined -2.0% during the last week.
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