Orion Group Holdings, Inc. (NYSE:ORN – Get Free Report) Director Mary Sullivan bought 3,000 shares of the stock in a transaction dated Friday, July 31st. The shares were acquired at an average price of $9.79 per share, for a total transaction of $29,370.00. Following the completion of the purchase, the director directly owned 277,904 shares in the company, valued at approximately $2,720,680.16. This trade represents a 1.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Orion Group Price Performance
ORN opened at $10.15 on Friday. Orion Group Holdings, Inc. has a fifty-two week low of $6.44 and a fifty-two week high of $17.40. The firm has a 50-day moving average of $13.70 and a 200 day moving average of $13.03. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.51 and a current ratio of 1.52. The firm has a market cap of $411.23 million, a P/E ratio of 112.85 and a beta of 1.40.
Orion Group (NYSE:ORN – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The construction company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.04). The company had revenue of $221.88 million during the quarter, compared to the consensus estimate of $225.72 million. Orion Group had a return on equity of 3.07% and a net margin of 0.40%. On average, research analysts expect that Orion Group Holdings, Inc. will post 0.12 EPS for the current year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
ORN has been the topic of a number of research reports. Wall Street Zen cut shares of Orion Group from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 1st. Zacks Research downgraded Orion Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Oppenheimer started coverage on Orion Group in a research note on Tuesday, July 7th. They issued an “outperform” rating and a $20.00 target price on the stock. Weiss Ratings downgraded Orion Group from a “hold (c)” rating to a “sell (d+)” rating in a research note on Thursday, July 30th. Finally, Roth Capital set a $15.00 price objective on Orion Group in a report on Thursday, July 30th. Five research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $17.20.
Get Our Latest Stock Analysis on Orion Group
About Orion Group
Orion Group (NYSE:ORN) is a global provider of specialized staffing and workforce solutions, serving clients across the energy, industrial, and technical sectors. The company offers a range of services including engineering and technical recruitment, information technology staffing, and comprehensive workforce management. Orion Group focuses on delivering qualified talent for complex projects, from exploration and production in the oil and gas industry to large-scale infrastructure and manufacturing initiatives.
Founded in 1972 and headquartered in Jacksonville, Florida, Orion Group has grown its operations to support projects in North America, Europe, the Middle East, and the Asia–Pacific region.
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