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

Orion Group Holdings Inc [ORN] stock prices are up 6.72% to $8.58 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 3.87% over the last week, with a monthly amount glided 43.00%, 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 May 14, 2024, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $14. Previously, B. Riley Securities upgraded its rating to Buy on July 28, 2023, and dropped its price target to $3. On July 30, 2021, downgrade downgraded it’s rating to Neutral and revised its price target to $5.50 on the stock. B. Riley Securities downgraded its rating to a Neutral. B. Riley FBR upgraded its rating to a Buy and raised its price target to $5 on July 08, 2019. B. Riley FBR downgraded its rating to Neutral for this stock on October 19, 2018. In a note dated August 18, 2017, FBR & Co. reiterated an Buy rating on this stock and revised its target price from $12 to $10.

The stock price of Orion Group Holdings Inc [ORN] has been fluctuating between $4.09 and $12.12 over the past year. Currently, Wall Street analysts expect the stock to reach $11.5 within the next 12 months. Orion Group Holdings Inc [NYSE: ORN] shares were valued at $8.58 at the most recent close of the market. An investor can expect a potential return of 34.03% based on the average ORN price forecast.

Analyzing the ORN fundamentals

The Orion Group Holdings Inc [NYSE:ORN] reported sales of 781.11M for trailing twelve months, representing a surge of 34.54%. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.1 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.

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 8.13 points at the first support level, and at 7.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.80, and for the 2nd resistance point, it is at 9.03.

Ratios To Look Out For

It’s worth pointing out that Orion Group Holdings Inc [NYSE:ORN]’s Current Ratio is 1.35. Further, the Quick Ratio stands at 1.33, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 0.43, the price to book ratio is 2.34.

Transactions by insiders

Recent insider trading involved Boone Travis J, PRESIDENT & CEO, that happened on Sep 13 ’24 when 4120.0 shares were purchased. EVP & GENERAL COUNSEL, Earle Edward Chipman completed a deal on Sep 13 ’24 to buy 15633.0 shares. Meanwhile, PRESIDENT & CEO Boone Travis J bought 3700.0 shares on Aug 08 ’24.

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