In the latest session, Orion Group Holdings Inc (NYSE: ORN) closed at $8.20 down -1.20% from its previous closing price of $8.30. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 973491 shares were traded.
Ratios:
For a deeper understanding of Orion Group Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.45.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 266.90M and an Enterprise Value of 348.90M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 0.49 whereas that against EBITDA is 14.09.
Stock Price History:
The Beta on a monthly basis for ORN is 0.70, which has changed by 217.83% over the last 52 weeks, in comparison to a change of 27.39% 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 $2.33. The 50-Day Moving Average of the stock is 6.86, while the 200-Day Moving Average is calculated to be 4.95.
Shares Statistics:
For the past three months, ORN has traded an average of 223.74K shares per day and 573.04k over the past ten days. A total of 32.55M shares are outstanding, with a floating share count of 29.03M. Insiders hold about 10.82% of the company’s shares, while institutions hold 67.89% stake in the company. Shares short for ORN as of Mar 15, 2024 were 339.31k with a Short Ratio of 1.52, compared to 182.23k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.04% and a Short% of Float of 1.27%.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.18, while EPS last year was -$0.32. The consensus estimate for the next quarter is $0.03, with high estimates of $0.05 and low estimates of $0.
Analysts are recommending an EPS of between $0.26 and $0.09 for the fiscal current year, implying an average EPS of $0.2. EPS for the following year is $0.4, with 4 analysts recommending between $0.53 and $0.25.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $174.75M this quarter.It ranges from a high estimate of $178.21M to a low estimate of $170M. As of the current estimate, Orion Group Holdings Inc’s year-ago sales were $177.6M, an estimated decrease of -1.60% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $199.3M, an increase of 10.90% over than the figure of -$1.60% in the same quarter last year. There is a high estimate of $204.69M for the next quarter, whereas the lowest estimate is $195M.
A total of 4 analysts have provided revenue estimates for ORN’s current fiscal year. The highest revenue estimate was $883.15M, while the lowest revenue estimate was $773M, resulting in an average revenue estimate of $813.97M. In the same quarter a year ago, actual revenue was $711.78M, up 14.40% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $877.21M in the next fiscal year. The high estimate is $945.5M and the low estimate is $849.3M. The average revenue growth estimate for next year is up 7.80% from the average revenue estimate for this year.
