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Swelling losses haven't held back gains for Orbital Energy Group (NASDAQ:OEG) shareholders since they're up 220% over 1 year

·2 min read

It hasn't been the best quarter for Orbital Energy Group, Inc. (NASDAQ:OEG) shareholders, since the share price has fallen 25% in that time. But that doesn't detract from the splendid returns of the last year. Like an eagle, the share price soared 220% in that time. So some might not be surprised to see the price retrace some. Only time will tell if there is still too much optimism currently reflected in the share price.

Since the long term performance has been good but there's been a recent pullback of 13%, let's check if the fundamentals match the share price.

See our latest analysis for Orbital Energy Group

Given that Orbital Energy Group didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Shareholders of unprofitable companies usually expect strong revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.

Orbital Energy Group grew its revenue by 108% last year. That's well above most other pre-profit companies. And the share price has responded, gaining 220% as we previously mentioned. It's great to see strong revenue growth, but the question is whether it can be sustained. The strong share price rise indicates optimism, so there may be a better opportunity for buyers as the hype fades a bit.

You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).

earnings-and-revenue-growth
earnings-and-revenue-growth

Take a more thorough look at Orbital Energy Group's financial health with this free report on its balance sheet.

A Different Perspective

We're pleased to report that Orbital Energy Group shareholders have received a total shareholder return of 220% over one year. There's no doubt those recent returns are much better than the TSR loss of 10% per year over five years. This makes us a little wary, but the business might have turned around its fortunes. It's always interesting to track share price performance over the longer term. But to understand Orbital Energy Group better, we need to consider many other factors. For example, we've discovered 3 warning signs for Orbital Energy Group (1 doesn't sit too well with us!) that you should be aware of before investing here.

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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