Orion Group Holdings Inc (NYSE: ORN) is 11.34% higher on its value in year-to-date trading and has touched a low of $4.09 and a high of $12.12 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ORN stock was last observed hovering at around $5.25 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $5.50, the stock is -14.89% and -26.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing 4.76% at the moment leaves the stock -26.59% off its SMA200. ORN registered 5.57% gain for a year compared to 6-month loss of -33.73%. The firm has a 50-day simple moving average (SMA 50) of $7.4154 and a 200-day simple moving average (SMA200) of $7.4976.
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The stock witnessed a -28.20% gain in the last 1 month and extending the period to 3 months gives it a -42.95%, and is -17.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.28% over the week and 6.24% over the month.
Orion Group Holdings Inc (ORN) has around 1796 employees, a market worth around $214.28M and $722.91M in sales. Fwd P/E is 15.42. Profit margin for the company is -2.45%. Distance from 52-week low is 34.47% and -54.62% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.15%).
The EPS is expected to grow by 105.45% this year
147.0 institutions hold shares in Orion Group Holdings Inc (ORN), with institutional investors hold 74.59% of the company’s shares. The shares outstanding are 38.96M, and float is at 35.76M with Short Float at 4.51%. Institutions hold 69.21% of the Float.
The top institutional shareholder in the company is BRANDES INVESTMENT PARTNERS, LP with over 2.75 million shares valued at $26.24 million. The investor’s holdings represent 8.4571 of the ORN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.13 million shares valued at $20.3 million to account for 6.5582 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 1.88 million shares representing 5.784 and valued at over $17.91 million, while VANGUARD GROUP INC holds 4.9166 of the shares totaling 1.6 million with a market value of $15.22 million.
Orion Group Holdings Inc (ORN) Insider Activity
The most recent transaction is an insider purchase by Boone Travis J, the company’s PRESIDENT & CEO. SEC filings show that Boone Travis J bought 4,120 shares of the company’s common stock on Sep 13 ’24 at a price of $6.00 per share for a total of $24741.0. Following the purchase, the insider now owns 0.44 million shares.
Orion Group Holdings Inc disclosed in a document filed with the SEC on Sep 13 ’24 that Earle Edward Chipman (EVP & GENERAL COUNSEL) bought a total of 15,633 shares of the company’s common stock. The trade occurred on Sep 13 ’24 and was made at $6.05 per share for $94580.0. Following the transaction, the insider now directly holds 86235.0 shares of the ORN stock.
Still, SEC filings show that on Aug 08 ’24, Boone Travis J (PRESIDENT & CEO) acquired 3,700 shares at an average price of $6.79 for $25138.0. The insider now directly holds 488,719 shares of Orion Group Holdings Inc (ORN).
