Media headlines about Orion Group Holdings (NYSE:ORN) have been trending positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Orion Group Holdings earned a news impact score of 0.36 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 46.3840133347544 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Investor Network: Orion Group Holdings, Inc. to Host Earnings Call (finance.yahoo.com)
- Edited Transcript of ORN earnings conference call or presentation 3-Aug-17 2:00pm GMT (finance.yahoo.com)
- Orion Group Holdings, Inc. (ORN) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Orion Group Holdings, Inc. (ORN) Given New $7.00 Price Target at Canaccord Genuity (americanbankingnews.com)
- Orion Group Holdings Reports Permitting Delays, Net Loss in Q2 (dredgingtoday.com)
Shares of Orion Group Holdings (NYSE ORN) traded up 1.510% on Tuesday, hitting $6.385. The stock had a trading volume of 27,464 shares. Orion Group Holdings has a 12 month low of $5.59 and a 12 month high of $11.11. The firm has a 50 day moving average of $7.27 and a 200 day moving average of $8.18. The stock’s market cap is $177.45 million.
Orion Group Holdings (NYSE:ORN) last posted its earnings results 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. The firm had revenue of $137.40 million for the quarter, compared to analysts’ expectations of $161.68 million. Orion Group Holdings had a positive return on equity of 1.37% and a negative net margin of 0.98%. The firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.03) earnings per share. On average, equities analysts forecast that Orion Group Holdings will post $0.33 earnings per share for the current fiscal year.
A number of research analysts have recently issued reports on the company. FBR & Co reiterated a “buy” rating and set a $12.00 target price on shares of Orion Group Holdings in a research report on Friday, May 5th. Canaccord Genuity reiterated a “hold” rating on shares of Orion Group Holdings in a research report on Friday, May 5th. Finally, Zacks Investment Research upgraded Orion Group Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, May 16th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Orion Group Holdings has a consensus rating of “Hold” and an average price target of $8.30.
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In related news, CFO Christopher James Dealmeida sold 6,289 shares of the company’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $7.51, for a total value of $47,230.39. Following the completion of the transaction, the chief financial officer now directly owns 33,325 shares in the company, valued at $250,270.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Larry Dwayne Breaux sold 3,500 shares of the company’s stock in a transaction on Wednesday, May 31st. The shares were sold at an average price of $7.21, for a total value of $25,235.00. Following the completion of the transaction, the chief operating officer now owns 142,123 shares of the company’s stock, valued at $1,024,706.83. The disclosure for this sale can be found here. Insiders sold 44,214 shares of company stock worth $342,675 over the last 90 days. Company insiders own 8.00% of the company’s stock.
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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