Alert: Rating Downgrade (12/22/23)-Orion Group Holdings Inc (NYSE: ORN).


Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Orion Group Holdings Inc (NYSE: ORN) weakened during the last several trading days. ORN’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.


Recent Price Action

Orion Group Holdings Inc (NYSE: ORN) stock rose slightly by 0.2% on 12/22/23. The stock closed at $4.91. However, trading volume in this advance was exceptionally low at 31% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 6.7% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, ORN is expected to continue to be Value Creation neutral.

Orion Group Holdings has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Orion Group Holdings has a poor Appreciation Score of 26 but a very high Power Rating of 97, with the High Neutral Value Trend Rating the result.

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