Media headlines about Orion Group (NYSE:ORN) have trended positive on Wednesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Orion Group earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 49.9226445625801 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
ORN has been the subject of a number of recent analyst reports. Noble Financial initiated coverage on shares of Orion Group in a research report on Thursday, January 25th. They set a “buy” rating and a $10.00 target price for the company. ValuEngine cut Orion Group from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Canaccord Genuity restated a “buy” rating and set a $9.00 price target on shares of Orion Group in a report on Thursday, March 8th. Finally, Zacks Investment Research cut Orion Group from a “hold” rating to a “sell” rating in a report on Wednesday, April 11th. Two research analysts have rated the stock with a sell rating and four have issued a buy rating to the company. Orion Group currently has a consensus rating of “Hold” and an average price target of $9.75.
Shares of Orion Group stock traded down $0.02 on Wednesday, reaching $7.36. 2,974 shares of the company’s stock were exchanged, compared to its average volume of 70,704. The stock has a market capitalization of $210.91 million, a price-to-earnings ratio of -52.50 and a beta of 1.27. Orion Group has a 52 week low of $5.17 and a 52 week high of $8.38. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.62 and a current ratio of 1.66.
Orion Group (NYSE:ORN) last issued its earnings results on Thursday, May 3rd. The construction company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.04. Orion Group had a negative return on equity of 1.01% and a net margin of 1.09%. The company had revenue of $136.84 million for the quarter, compared to analysts’ expectations of $140.71 million. equities research analysts forecast that Orion Group will post 0.18 EPS for the current year.
About Orion Group
Orion Group Holdings, Inc operates as a specialty construction company in the building, industrial, and infrastructure sectors in the continental United States, Alaska, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company's marine construction services include construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.
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