Analysis of Orion Group Holdings Inc (ORN)’s performance, earnings and valuation

Orion Group Holdings Inc [ORN] stock prices are up 5.00% to $9.24 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ORN shares have gain 14.64% over the last week, with a monthly amount glided 43.03%, and seem to be holding up well over a long-time horizon.

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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 $9.17 over the past year. Orion Group Holdings Inc [NYSE: ORN] shares were valued at $9.24 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.45.

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 8.82 points at the first support level, and at 8.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.63, and for the 2nd resistance point, it is at 10.03.

Ratios To Look Out For

It’s worth pointing out that Orion Group Holdings Inc [NYSE:ORN]’s Current Ratio is 1.26. Further, the Quick Ratio stands at 1.25, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 0.42, the price to book ratio is 2.48.

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.

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