Is it Right Time Pull the Trigger on Orion Group Holdings Inc. [ORN] Stock?

Orion Group Holdings Inc. [ORN] stock is up 8.26 while the S&P 500 has risen 0.68% on Thursday, 12/03/20. While at the time of this article, ORN ATR is sitting at 0.25, with the beta value at 1.33. This stock’s volatility for the past week remained at 6.98%, while it was 5.97% for the past 30-day period. ORN has risen $0.36 from the previous closing price of $4.42 on volume of 0.4 million shares.

On 30, November 2020, Orion Group Holdings, Inc. Announces Change in Board Chair. According to news published on Yahoo Finance, Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”) a leading specialty construction company, today announced a change in the position of Board Chair effective at the end of the year.

Analyst Birdseye View:

The most recent analyst activity for Orion Group Holdings Inc. [NYSE:ORN] stock was on October 19, 2018, when it was Downgrade with a Neutral rating from B. Riley FBR. Before that, on July 08, 2019, B. Riley FBR Recapitulated a Buy rating and elevated its amount target to $5. On August 18, 2017, FBR & Co. Reiterated a Buy rating and plunged its price target on this stock from $12 to $10. On October 06, 2016, FBR & Co. Upgrade an Outperform rating and increased its price target from $6 to $9. On August 08, 2016, Imperial Capital Reiterated an In-line rating and increased its price target to $6.50. On August 05, 2016, DA Davidson Reiterated a Buy rating and boosted its amount target on this stock to $6. On May 12, 2016, Imperial Capital Downgrade an In-line rating and decreased its target amount on this stock from $7 to $6. On April 12, 2016 Canaccord Genuity Initiated a Hold rating and elevated its amount target to $7.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.53 and a peak of $5.99. Right now, the middling Wall Street analyst 12-month amount mark is $8.00. At the most recent market close, shares of Orion Group Holdings Inc. [NYSE:ORN] were valued at $4.78. According to the average price forecast, investors can expect a potential return of 17.75%.

FUNDAMENTAL ANALYSIS

Orion Group Holdings Inc. [NYSE:ORN] most recently reported quarterly sales of 189.43 billion, which represented growth of -5.10%. This publicly-traded organization’s revenue is $275,531 per employee, while its income is -$2,084 per employee. This company’s Gross Margin is currently 11.10%, its Operating Margin is 3.30%, its Pretax Margin is -0.49, and its Net Margin is -0.76. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -1.48, -3.83, 0.17 and -2.43 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 41.24 and the whole liability to whole assets at 24.54. It shows enduring liability to the whole principal at 36.35 and enduring liability to assets at 0.22 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 4.14 points at 1st support level, the second support level is making up to 3.87. But as of 1st resistance point, this stock is sitting at 4.57 and at 4.73 for 2nd resistance point.

Orion Group Holdings Inc. [ORN] reported its earnings at $0.23 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.08/share signifying the difference of 0.15 and 187.50% surprise value.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Orion Group Holdings Inc. [NYSE:ORN] is 1.40. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.01. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.21, it’s amount to book ratio is 1.11 and showing 7.99 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by SHANFELTER AUSTIN J, Director, and it was the sale of 50518.0 shares on Nov 10. Sullivan Mary E, the Director, completed a purchase of 10000.0 shares on Aug 07. On Mar 16, Stauffer Mark R., Chief Executive Officer, completed a purchase of 6500.0 shares.