[Featured Stock] Orion Rises Over 3% on Expansion and Strong Earnings Expectations

Orion's stock price is showing strength in early trading on the 16th, driven by expectations of overseas sales growth this year. Positive earnings forecasts and upward target price revisions are also being confirmed in the securities industry.

As of 9:41 AM on the same day, Orion's stock price is trading at 120,500 KRW per share, up 3.26% from the previous close. Following Orion's announcement of its provisional March earnings and the establishment of an integrated production, logistics, and packaging center in Jincheon, Chungcheongbuk-do, positive earnings forecasts poured in from the securities industry, leading to buying momentum.

Jinwoo Kim, a researcher at Eugene Investment & Securities, stated, "Investments to build a global growth foundation are ongoing, and the company's mid- to long-term corporate value is expected to rise." He also predicted that "the Jincheon integrated center announced yesterday is expected to contribute to earnings starting in 2028." Eunji Kang, a researcher at Korea Investment & Securities, mentioned that Orion is also expanding production plants and lines in Vietnam and Russia, adding, "Earnings growth is expected through active exploration of export markets."

NH Investment & Securities and Hyundai Motor Securities have also raised their target prices. Younghoon Joo, a researcher at NH Investment & Securities, raised the target price from 130,000 KRW to 140,000 KRW, citing expected sales growth in Russia and China this year. Heeji Ha, a researcher at Hyundai Motor Securities, assessed that "growth is possible with the full effect of the April price increase in the domestic market, the base effect in China, expansion of high-growth channel distribution, and capacity expansion in Russia." Hyundai Motor Securities newly set the target price at 150,000 KRW.