News headlines about Orion Group (NYSE:ORN) have been trending positive on Tuesday, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Orion Group earned a media sentiment score of 0.45 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 47.148230605103 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several research analysts have commented on ORN shares. Canaccord Genuity reissued a “hold” rating and set a $7.00 price target on shares of Orion Group in a research note on Thursday, October 5th. ValuEngine downgraded 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 set a $10.00 price target on shares of Orion Group in a research note on Monday, December 11th. Finally, Zacks Investment Research downgraded shares of Orion Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company. Orion Group presently has an average rating of “Hold” and an average price target of $9.00.
Orion Group (NYSE ORN) traded down $0.20 during mid-day trading on Tuesday, hitting $8.00. 101,600 shares of the company’s stock traded hands, compared to its average volume of 83,386. The stock has a market capitalization of $231.24, a P/E ratio of -14.29 and a beta of 1.32. Orion Group has a 52-week low of $5.17 and a 52-week 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.
Orion Group (NYSE:ORN) last posted its quarterly earnings results on Wednesday, November 8th. The construction company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.25). The business had revenue of $140.20 million for the quarter, compared to analysts’ expectations of $166.08 million. Orion Group had a negative return on equity of 2.96% and a negative net margin of 2.76%. The company’s revenue was down 14.5% compared to the same quarter last year. During the same period last year, the business posted $0.17 earnings per share. equities analysts forecast that Orion Group will post -0.24 EPS for the current fiscal year.
In other news, insider Mark R. Stauffer sold 20,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now owns 362,631 shares in the company, valued at $2,741,490.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Austin J. Shanfelter sold 9,721 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $235,725. The disclosure for this sale can be found here. 8.00% of the stock is currently owned by company insiders.
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Orion Group Company Profile
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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