Orion Group Holdings Inc [ORN] stock prices are up 13.54% to $8.47 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ORN shares have gain 26.99% over the last week, with a monthly amount glided 50.44%, and seem to be holding up well over a long-time horizon.
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On 28, February 2024, Orion Group Holdings Reports Fourth Quarter and Full Year 2023 Results. In a post published today on Yahoo Finance, Orion Group Holdings, Inc. (NYSE: ORN), a leading specialty construction company, today reported its financial results for the fourth quarter and full year ended December 31, 2023.
From an analyst’s perspective:
Orion Group Holdings Inc [NYSE: ORN] stock has seen the most recent analyst activity on July 28, 2023, when B. Riley Securities upgraded its rating to a Buy and also revised its price target to $3 from $5. Previously, B. Riley Securities downgraded its rating to Neutral on July 30, 2021, and dropped its price target to $5.50. On July 30, 2021, downgrade downgraded it’s rating to Neutral. B. Riley FBR upgraded its rating to a Buy and increased its price target to $5 on July 08, 2019. B. Riley FBR downgraded its rating to a Neutral. FBR & Co. reiterated a Buy rating for this stock on August 18, 2017, and downed its price target to $10. In a note dated October 06, 2016, FBR & Co. upgraded an Outperform rating on this stock and boosted its target price from $6 to $9.
The stock price of Orion Group Holdings Inc [ORN] has been fluctuating between $2.33 and $7.46 over the past year. Orion Group Holdings Inc [NYSE: ORN] shares were valued at $8.47 at the most recent close of the market.
Analyzing the ORN fundamentals
The Orion Group Holdings Inc [NYSE:ORN] reported sales of 711.78M for trailing twelve months, representing a surge of 2.75%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.14 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.45.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.84 points at the first support level, and at 7.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.79, and for the 2nd resistance point, it is at 9.12.
Orion Group Holdings Inc [ORN] reported earnings per share of $0.08 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.04/share, meaning a difference of $0.04 and a surprise factor of 100.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.02 per share as compared to estimates of -$0.01 per share, a difference of $0.03 representing a surprise of 300.00%.
Ratios To Look Out For
It’s worth pointing out that Orion Group Holdings Inc [NYSE:ORN]’s Current Ratio is 1.26. In addition, the Quick Ratio stands at 1.25 and the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 0.39, the price to book ratio is 2.27.
Transactions by insiders
Recent insider trading involved Caliel Michael J, Director, that happened on Mar 07 ’24 when 4578.0 shares were purchased. Director, Caliel Michael J completed a deal on Mar 06 ’24 to buy 2430.0 shares. Meanwhile, PRESIDENT & CEO Boone Travis J bought 12000.0 shares on Mar 04 ’24.
