With 0.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.43 million shares. The 52-week range on ORN shows that it touched its highest point at $12.12 and its lowest point at $4.85 during that stretch. It currently has a 1-year price target of $11.00. Beta for the stock currently stands at 0.80.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ORN was down-trending over the past week, with a drop of -16.90%, but this was down by -33.25% over a month. Three-month performance dropped to -38.67% while six-month performance fell -16.64%. The stock lost -28.15% in the past year, while it has lost -26.88% so far this year. A look at the trailing 12-month EPS for ORN yields -0.09 with Next year EPS estimates of 0.49. For the next quarter, that number is -0.06. This implies an EPS growth rate of -33.33% for this year and 393.33% for next year.
Float and Shares Shorts:
At present, 38.97 million ORN shares are outstanding with a float of 36.24 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ORN since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.12247 being high and $0.11805 being low. For ORN, this leads to a yearly average estimate of $0.12. Based on analyst estimates, the high estimate for the next quarter is $0.04 and the low estimate is -$0.1. The average estimate for the next quarter is thus -$0.02.
