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Orion Group Holdings Inc (NYSE: ORN) closed the day trading at $6.91 down -6.87% from the previous closing price of $7.42. In other words, the price has decreased by -$6.87 from its previous closing price. On the day, 0.61 million shares were traded. ORN stock price reached its highest trading level at $7.56 during the session, while it also had its lowest trading level at $6.88.
Ratios:
For a better understanding of ORN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.51.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on July 28, 2023, Upgraded its rating to Buy and sets its target price to $3 from $5 previously.
On July 30, 2021, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $7.50 to $5.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 07 ’24 when Caliel Michael J bought 4,578 shares for $7.18 per share. The transaction valued at 32,870 led to the insider holds 185,000 shares of the business.
Caliel Michael J bought 2,430 shares of ORN for $17,180 on Mar 06 ’24. The Director now owns 180,422 shares after completing the transaction at $7.07 per share. On Mar 04 ’24, another insider, Boone Travis J, who serves as the PRESIDENT & CEO of the company, bought 12,000 shares for $7.01 each. As a result, the insider paid 84,120 and bolstered with 402,557 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ORN now has a Market Capitalization of 240718832 and an Enterprise Value of 337236448. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 0.473 whereas that against EBITDA is 13.974.
Stock Price History:
The Beta on a monthly basis for ORN is 0.75, which has changed by 1.7312253 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, ORN has reached a high of $9.84, while it has fallen to a 52-week low of $2.35. The 50-Day Moving Average of the stock is -11.93%, while the 200-Day Moving Average is calculated to be 25.74%.
Shares Statistics:
Over the past 3-months, ORN traded about 331.79K shares per day on average, while over the past 10 days, ORN traded about 374940 shares per day. A total of 32.55M shares are outstanding, with a floating share count of 29.82M. Insiders hold about 8.40% of the company’s shares, while institutions hold 67.92% stake in the company. Shares short for ORN as of 1713139200 were 623237 with a Short Ratio of 1.88, compared to 1710460800 on 339312. Therefore, it implies a Short% of Shares Outstanding of 623237 and a Short% of Float of 2.3599999.
Earnings Estimates
The current market rating for Orion Group Holdings Inc (ORN) reflects the collective analysis of 4.0 analysts closely monitoring its performance.On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.05 and a low estimate of -$0.05, while EPS last year was -$0.14. The consensus estimate for the next quarter is $0.1, with high estimates of $0.13 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.31 and $0.09 for the fiscal current year, implying an average EPS of $0.2. EPS for the following year is $0.55, with 4.0 analysts recommending between $1.07 and $0.21.
Revenue Estimates
4 analysts predict $205.54M in revenue for the current quarter. It ranges from a high estimate of $217.5M to a low estimate of $189.26M. As of the current estimate, Orion Group Holdings Inc’s year-ago sales were $179.73MFor the next quarter, 4 analysts are estimating revenue of $236.66M. There is a high estimate of $243.3M for the next quarter, whereas the lowest estimate is $226.74M.
A total of 4 analysts have provided revenue estimates for ORN’s current fiscal year. The highest revenue estimate was $900.9M, while the lowest revenue estimate was $823.31M, resulting in an average revenue estimate of $873.03M. In the same quarter a year ago, actual revenue was $711.78MBased on 4 analysts’ estimates, the company’s revenue will be $958.45M in the next fiscal year. The high estimate is $1B and the low estimate is $931.38M.
