News stories about Orion Group Holdings (NYSE:ORN) have been trending positive this week, Accern reports. Accern scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Orion Group Holdings earned a news impact score of 0.44 on Accern’s scale. Accern also gave media headlines about the construction company an impact score of 46.4994223000802 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of equities research analysts have recently weighed in on ORN shares. FBR & Co lowered their price target on Orion Group Holdings from $12.00 to $10.00 and set a “buy” rating for the company in a report on Friday, August 18th. Canaccord Genuity lowered their price target on Orion Group Holdings from $9.00 to $7.00 and set a “hold” rating for the company in a report on Friday, August 4th. Finally, Zacks Investment Research downgraded Orion Group Holdings from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $8.25.
Shares of Orion Group Holdings (NYSE:ORN) opened at 5.79 on Wednesday. The company’s market capitalization is $163.30 million. The stock has a 50 day moving average price of $6.04 and a 200-day moving average price of $7.27. Orion Group Holdings has a one year low of $5.17 and a one year high of $11.11.
Orion Group Holdings (NYSE:ORN) last announced its quarterly earnings data on Thursday, August 3rd. The construction company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.16). Orion Group Holdings had a positive return on equity of 1.37% and a negative net margin of 0.98%. The firm had revenue of $137.40 million during the quarter, compared to the consensus estimate of $161.68 million. During the same quarter in the prior year, the business posted ($0.03) EPS. Orion Group Holdings’s revenue was down 2.1% compared to the same quarter last year. Equities research analysts predict that Orion Group Holdings will post $0.02 earnings per share for the current fiscal year.
Orion Group Holdings 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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