Is Orchids Paper Products Company (TIS) Stock Set to Sail or Sink?

Analysts are forecasting revenue to climb 7.9 percent to $48.72M in the next fiscal quarter, while earnings are seen soaring by nearly -100 percent to $0 per share. History has shown that shares in Orchids Paper Products Company have gone down on 8 different earnings reaction days and are predicted to add 0.11 percent when the company reports upcoming earnings. In last reported earnings results, it earned -$0.65 per share, worse than the -$0.14, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $45.86M, worse than the $50.84M analysts expected. Earnings are estimated to increase by -133.6 percent this year, 0 percent next year and continue to increase by 10 percent annually for the next 5 years.

Orchids Paper Products Company (TIS) will probably climb 650 percent when compared to the closing price of the stock of $1.8 on Friday, November 23, over the next 12 months, according to price target estimates compiled by finviz.

The stock is currently hovering around the first support level of $1.4. Below this, the next support is placed in the zone of $1.01. Till the time, the TIS stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 51.65 on daily chart, which may remain a cause for concern. If the price breaks below $1.01 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $2.31 mark may result into a pull-back move towards $2.83 level.

On 23rd of November, Orchids Paper Products Company (NYSE:TIS) shares ended higher after a volatile session. The shares accumulated 1.12 points or 164.71 percent at $1.8 with a light trade volume of 15.202 million shares. After opening the session at $2.12, the shares went as high as $2.43 and as low as $1.52, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $19.31 million and now has 10.73 million shares outstanding. Orchids Paper Products Company (TIS) stock has gained 18.42 percent of market value in 21 trading days.

TIS stock has a trailing 3-year beta of 2.08, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was -$2.56 a share in the trailing twelve months. The stock’s value has fallen -85.94 percent year to date (YTD) against a decline of -87.03 percent in 12 month’s time. The company’s shares still trade -88.56 percent away from its 1-year high of $15.74 and 199.1 percent up from 52-week low of $0.60. The average consensus rating on the company is 2, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.

Shares of Orchids Paper Products Company (TIS) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry TIS operates in has an average P/E of 78.1. Its P/E ratio went as low as 19.59X and as high as 26.28 over the 5-year span. Further, it is sporting a 0.1 on the Price-to-Sales ratio. Compare this with the industry average P/S of 9.26. 3.3 percent is the gross profit margin for Orchids Paper Products Company and operating margin sits at -6.6 percent. Along with this, the net profit margin is -8.8 percent.

Let’s take a look at some insider activity at Orchids Paper Products Company (NYSE:TIS) and see the pattern. The earliest insider trade took place on 05/22/2017. Garcia Mario Armando parted with a total of 15 thousand shares of company at average share price of $13.44. The total for the sales was set at $201.6 thousand. After this transaction, the Director account balance stood at 686.08 thousand shares. The stock lost -86.61 percent since that insider sale. On 05/19/2017, Garcia Mario Armando, Director, sold 25 thousand shares at a price per share of $13.24. This removed 331 thousand shares from the insider’s fortune and the stock saw a -86.4 percent retreat in value since the news became public. This transaction left 701.08 thousand shares in the Director account.

On 05/19/2017, CFO Gloss Rodney D performed a purchase transaction worth $27.28 thousand. This purchase at $12.99 each has added 2.1 thousand shares into the insider’s portfolio position. Meanwhile, shares have recorded -86.14 percent decrease since the transaction was reported. The insider now is left with 9.6 thousand shares remaining in the account. Schoen Jeffrey S, who performs the President & CEO job, bought 5 thousand shares for $66 thousand. The acquisition occurred on 05/19/2017 was priced at $13.2 per share. The share price plunged -86.36 percent since the reporting date. Schoen Jeffrey S now left with a stake of 39.89 thousand TIS stock worth $71.8 thousand after the insider buying.