In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on Orion Group Holdings (ORN – Research Report), with a price target of $10.00. The company’s shares closed yesterday at $7.96.
Gomes covers the Industrials sector, focusing on stocks such as Orion Group Holdings, Geo Group, and DLH Holdings. According to TipRanks, Gomes has an average return of 6.0% and a 43.99% success rate on recommended stocks.
Orion Group Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $9.75.
ORN market cap is currently $248M and has a P/E ratio of -13.76.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ORN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Orion Group Holdings (ORN) Company Description:
Orion Group Holdings, Inc. engages in the provision of specialty construction services in the building, industrial, and infrastructure sectors. It operates through the Marine and Concrete segments. The Marine segment includes the restoration, maintenance, dredging, and repair of marine transportation facilities; pipelines, bridges, and causeways; and environmental structures. The Concrete segment involves cement pouring for products such as columns, elevated beams, sidewalks, ramps, and tilt walls. The company was founded in 1994 and is headquartered in Houston, TX.
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