OBCI Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Ocean Bio Chem Inc, the DDM model generated by StockNews estimates a return of negative 67.61% in comparison to its current price. To help understand and contextualize the model's evaluation of OBCI, investors may wish to consider are:

• OBCI's market cap is about 134 million US dollars -- this puts the stock in the small-sized market cap class, and its dividend yield is greater than 4.61% of dividend yielding stocks in the same market cap class.
• Beta tells us how volatile a stock's price is relative to the broader equity index; as for OBCI, approximately 99.52% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
• As other dividend issuers in the Industrials sector, OBCI's equity discount rate is less than 96.8% of those stocks.

OBCI Dividends vs. Peers