Orion Group (NYSE:ORN) Stock Rating Lowered by ValuEngine
Orion Group (NYSE:ORN) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, ValuEngine reports.
Several other equities analysts have also commented on ORN. Zacks Investment Research lowered Orion Group from a “buy” rating to a “hold” rating in a report on Wednesday, October 23rd. B. Riley increased their target price on Orion Group from $5.00 to $5.75 and gave the company a “buy” rating in a report on Friday, August 2nd. Finally, Noble Financial reissued a “buy” rating and issued a $7.10 target price on shares of Orion Group in a report on Sunday, October 6th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $6.18.
NYSE:ORN opened at $5.04 on Friday. The firm has a market capitalization of $126.48 million, a PE ratio of -13.62 and a beta of 1.11. The business’s fifty day moving average price is $4.42 and its 200 day moving average price is $3.50. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.35 and a quick ratio of 1.34. Orion Group has a 12 month low of $1.80 and a 12 month high of $5.35.
Orion Group (NYSE:ORN) last posted its earnings results on Wednesday, October 30th. The construction company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.03 by $0.11. The firm had revenue of $199.51 mill....