News articles about Orion Group (NYSE:ORN) have been trending positive on Saturday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Orion Group earned a media sentiment score of 0.39 on Accern’s scale. Accern also assigned media coverage about the construction company an impact score of 46.3200674792908 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Orion Group (NYSE:ORN) opened at $8.04 on Friday. Orion Group has a 1-year low of $5.17 and a 1-year high of $11.11. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.49 and a quick ratio of 1.44. The firm has a market cap of $226.72, a P/E ratio of -14.36 and a beta of 1.32.
Orion Group (NYSE:ORN) last posted its earnings results on Wednesday, November 8th. The construction company reported ($0.18) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.25). The company had revenue of $140.20 million during the quarter, compared to analyst estimates of $166.08 million. Orion Group had a negative net margin of 2.76% and a negative return on equity of 2.96%. The firm’s revenue for the quarter was down 14.5% on a year-over-year basis. During the same quarter last year, the business posted $0.17 EPS. equities analysts expect that Orion Group will post -0.24 earnings per share for the current fiscal year.
A number of research analysts recently weighed in on ORN shares. Canaccord Genuity reaffirmed a “hold” rating and issued a $7.00 price target on shares of Orion Group in a research note on Thursday, October 5th. ValuEngine lowered shares of Orion Group from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. B. Riley reissued a “buy” rating and issued a $10.00 target price on shares of Orion Group in a research note on Monday, December 11th. Finally, Zacks Investment Research lowered shares of Orion Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $9.00.
In other Orion Group news, insider Mark R. Stauffer sold 20,000 shares of the business’s stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $7.56, for a total value of $151,200.00. Following the completion of the transaction, the insider now owns 362,631 shares in the company, valued at $2,741,490.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Austin J. Shanfelter sold 9,721 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $7.50, for a total transaction of $72,907.50. Following the completion of the transaction, the director now owns 31,430 shares of the company’s stock, valued at approximately $235,725. The disclosure for this sale can be found here. Insiders own 8.00% of the company’s stock.
About Orion Group
Orion Group Holdings, Inc, formerly Orion Marine Group, Inc, is engaged in heavy civil construction project management business. The Company specializes in marine construction. It provides a range of heavy civil marine construction services to federal agencies, state and municipal governments, and private commercial and industrial customers.
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