Given A -110.78% Drop From High, Can Orion Group Holdings Inc (NYSE: ORN) Quickly Recover?

ZM Stock

During the last session, Orion Group Holdings Inc (NYSE:ORN)’s traded shares were 0.79 million, with the beta value of the company hitting 0.74. At the end of the trading day, the stock’s price was $5.75, reflecting an intraday loss of -3.04% or -$0.18. The 52-week high for the ORN share is $12.12, that puts it down -110.78 from that peak though still a striking 15.65% gain since the share price plummeted to a 52-week low of $4.85. The company’s market capitalization is $223.69M, and the average trade volume was 409.59K shares over the past three months.

Orion Group Holdings Inc (ORN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ORN has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.06.

Orion Group Holdings Inc (NYSE:ORN) trade information

Orion Group Holdings Inc (ORN) registered a -3.04% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.04% in intraday trading to $5.75, hitting a weekly high. The stock’s 5-day price performance is -19.24%, and it has moved by -29.36% in 30 days. Based on these gigs, the overall price performance for the year is -17.39%.

The consensus price target of analysts on Wall Street is $9, which implies an increase of 36.11% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $9 respectively. As a result, ORN is trading at a discount of -56.52% off the target high and -56.52% off the low.

Orion Group Holdings Inc (ORN) estimates and forecasts

In the rating firms’ projections, revenue will increase 1.53% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 177.51M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 199.47M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 160.67M and 192.17M respectively. In this case, analysts expect current quarter sales to grow by 10.48% and then jump by 3.80% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 23.69%. While earnings are projected to return -33.33% in 2025.

ORN Dividends

Orion Group Holdings Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 2.13 million shares, is of BLACKROCK INC.’s that is approximately 6.5582% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $20.3 million.

Also, the Mutual Funds coming in first place with the largest holdings of Orion Group Holdings Inc (ORN) shares are Royce Small-Cap Opportunity Fund and iShares Russell 2000 ETF . Data provided on Dec 31, 2024 indicates that Royce Small-Cap Opportunity Fund owns about 1.08 shares. This amounts to just over 2.77 percent of the company’s overall shares, with a $6.2 million market value. The same data shows that the other fund manager holds slightly less at 966.71, or about 2.49% of the stock, which is worth about $5.56 million.