Orion Group Holdings Inc (ORN) Stock AnalysisORNOrion Group Holdings Inc

Orion Group Holdings, Inc. is a specialty construction company that serves the infrastructure, industrial, and building sectors. The Company provides services both on and off the water in the continental United States, Alaska, Hawaii, Canada and the Caribbean Basin. Its segments include marine and concrete. Its marine segment provides construction and dredging services, including marine transportation facility construction, marine pipeline construction, marine environmental structures construction, dredging of waterways, channels and ports, environmental dredging, design, and specialty services related to marine construction, fabrication, and dredging. Its concrete segment provides turnkey concrete construction services, including concrete surface place and finish, site preparation, layout, forming, and rebar placement for large commercial, structural and other associated business areas. Its specialty services include design, salvage, demolition, surveying, towing, and others. It operates in the Industrials sector (HEAVY CONSTRUCTION OTHER THAN BLDG CONST - CONTRAC industry).

Orion Group Holdings Inc is a good buy right now due to its current price of $8.71 being significantly below the analyst price target of $15 from Roth Capital, indicating a potential upside of 72.5%. Additionally, the stock's RSI is at 48.44, suggesting it is neither overbought nor oversold, which is favorable for entry. The main risk is the high forward P/E ratio of 22.88, indicating potential overvaluation if earnings do not meet expectations.

4 analysts cover ORN: 4 rate it Buy, 0 Hold and 0 Sell. The average price target is 13.00.