Media headlines about Orion Group Holdings (NYSE:ORN) have been trending positive on Friday, AlphaOne Sentiment Analysis reports. AlphaOne, a subsidiary of Accern, identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Orion Group Holdings earned a daily sentiment score of 0.44 on AlphaOne’s scale. AlphaOne also assigned media coverage about the construction company an impact score of 50 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the company’s share price in the near term.
Several analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Orion Group Holdings from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Wednesday, January 4th. FBR & Co lifted their price objective on shares of Orion Group Holdings from $9.00 to $14.00 and gave the stock an “outperform” rating in a research note on Thursday, January 26th. Finally, Canaccord Genuity reiterated a “hold” rating and issued a $9.00 price objective on shares of Orion Group Holdings in a research note on Friday, March 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $9.30.
Orion Group Holdings (NYSE:ORN) traded down 3.99% during trading on Friday, reaching $7.46. 159,298 shares of the company’s stock traded hands. The stock’s market cap is $207.32 million. The company’s 50 day moving average is $7.93 and its 200-day moving average is $9.02. Orion Group Holdings has a 52-week low of $4.57 and a 52-week high of $11.11.
Orion Group Holdings (NYSE:ORN) last issued its quarterly earnings results on Thursday, March 9th. The construction company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.03. Orion Group Holdings had a net margin of 0.70% and a return on equity of 1.83%. The business had revenue of $144.30 million for the quarter, compared to analysts’ expectations of $143.77 million. During the same period last year, the business earned $0.05 earnings per share. The business’s quarterly revenue was down 10.9% on a year-over-year basis. On average, analysts anticipate that Orion Group Holdings will post $0.32 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 the 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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