For its first fiscal quarter (ending March 31), Orion Group Holdings Inc (NYSE: ORN) has reported E.P.S. of $-0.19 compared to $-0.39 a year ago. E.P.S. were $-0.35 for the latest four quarters through March 31 versus $-0.63 for the same period a year ago.
Recent Price Action
On 4/24/24, Orion Group Holdings Inc (NYSE: ORN) stock enjoyed a large increase of 4.5%, closing at $7.96. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ORN is expected to be an important Value Builder.
Orion Group Holdings has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Orion Group Holdings has a poor Appreciation Score of 22 but a very high Power Rating of 100, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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