HC Wainwright Issues Pessimistic Estimate for OESX Earnings

Key Points

• HC Wainwright lowered its Q2 2027 EPS estimate for Orion Energy Systems to a loss of $0.01 per share from a prior estimate of $0.06, while also forecasting a $0.05 loss in Q3 2027. Despite the near-term weakness, it maintained a Buy rating and $30 price target.
• Orion’s latest quarterly results exceeded expectations, with EPS of $0.47 versus the $0.07 consensus estimate and revenue of $25.74 million compared with $23.56 million expected.
• Analyst sentiment remains mixed: one analyst rates the stock Buy and two rate it Sell, producing a consensus “Reduce” rating and $30 target price. HC Wainwright nevertheless projects improving longer-term profitability, including FY2027 EPS of $0.43 and FY2031 EPS of $2.67.

Orion Energy Systems, Inc. (NASDAQ:OESX - Free Report) - Stock analysts at HC Wainwright cut their Q2 2027 EPS estimates for Orion Energy Systems in a report released on Thursday, August 6th. HC Wainwright analyst A. Dayal now anticipates that the electronics maker will earn ($0.01) per share for the quarter, down from their previous estimate of $0.06. HC Wainwright currently has a "Buy" rating and a $30.00 target price on the stock. The consensus estimate for Orion Energy Systems' current full-year earnings is $0.38 per share. HC Wainwright also issued estimates for Orion Energy Systems' Q3 2027 earnings at ($0.05) EPS, Q4 2027 earnings at $0.02 EPS, FY2027 earnings at $0.43 EPS, FY2029 earnings at $1.28 EPS, FY2030 earnings at $1.94 EPS and FY2031 earnings at $2.67 EPS.

Several other research firms also recently commented on OESX. Weiss Ratings upgraded Orion Energy Systems from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday. Wall Street Zen upgraded Orion Energy Systems from a "buy" rating to a "strong-buy" rating in a report on Saturday. Finally, Zacks Research cut Orion Energy Systems from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 4th. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Reduce" and a consensus target price of $30.00.

Orion Energy Systems Price Performance

OESX stock opened at $19.70 on Monday. The stock's 50 day simple moving average is $10.67 and its 200 day simple moving average is $10.94. The company has a market cap of $80.57 million, a P/E ratio of -394.00 and a beta of 0.77. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.13 and a current ratio of 1.54. Orion Energy Systems has a fifty-two week low of $5.60 and a fifty-two week high of $19.93.

Orion Energy Systems (NASDAQ:OESX - Get Free Report) last issued its earnings results on Wednesday, August 5th. The electronics maker reported $0.47 EPS for the quarter, beating the consensus estimate of $0.07 by $0.40. Orion Energy Systems had a return on equity of 11.66% and a net margin of 0.04%.The company had revenue of $25.74 million during the quarter, compared to the consensus estimate of $23.56 million.

Hedge Funds Weigh In On Orion Energy Systems

Several large investors have recently added to or reduced their stakes in the business. North Star Investment Management Corp. lifted its holdings in shares of Orion Energy Systems by 29.0% in the first quarter. North Star Investment Management Corp. now owns 525,552 shares of the electronics maker's stock valued at $4,593,000 after purchasing an additional 118,100 shares in the last quarter. Sei Investments Co. grew its holdings in Orion Energy Systems by 114.3% during the first quarter. Sei Investments Co. now owns 130,101 shares of the electronics maker's stock worth $1,137,000 after buying an additional 69,387 shares in the last quarter. Marshall Wace LLP bought a new stake in Orion Energy Systems during the fourth quarter worth $706,000. Renaissance Technologies LLC raised its position in Orion Energy Systems by 32.4% in the 1st quarter. Renaissance Technologies LLC now owns 178,469 shares of the electronics maker's stock valued at $1,560,000 after buying an additional 43,693 shares during the last quarter. Finally, Grace & White Inc. NY raised its position in Orion Energy Systems by 9.2% in the 1st quarter. Grace & White Inc. NY now owns 241,387 shares of the electronics maker's stock valued at $2,110,000 after buying an additional 20,400 shares during the last quarter. Institutional investors own 52.59% of the company's stock.

Key Headlines Impacting Orion Energy Systems

Here are the key news stories impacting Orion Energy Systems this week:

• Positive Sentiment: HC Wainwright maintained a “Buy” rating and a $30 price target, above the stock’s recent trading level. The firm raised its FY2027 EPS forecast to $0.43 from $0.17 and increased its long-term estimates to $1.28 for FY2029, $1.94 for FY2030 and $2.67 for FY2031. These revisions suggest expectations for significant earnings growth over time.
• Positive Sentiment: HC Wainwright also issued a bullish forecast for Orion Energy Systems’ FY2028 earnings, reinforcing the view that the company’s profitability could improve materially in future years. HC Wainwright Has Bullish Forecast for OESX FY2028 Earnings
• Positive Sentiment: WallStreetZen upgraded Orion Energy Systems to “Strong-Buy,” adding to the favorable analyst momentum. Orion Energy Systems Raised to Strong-Buy at Wall Street Zen
• Positive Sentiment: The company’s latest quarterly results exceeded expectations, with earnings of $0.47 per share versus the $0.07 consensus estimate and revenue of $25.74 million versus the $23.56 million forecast. The earnings surprise likely strengthens the case for the optimistic outlook.
• Negative Sentiment: HC Wainwright lowered its 2027 EPS forecasts for the second and third quarters to losses of $0.01 and $0.05, respectively, from prior estimates of $0.06 and $0.04. The reductions indicate that near-term profitability may remain uneven despite the stronger longer-term projections.

Orion Energy Systems Company Profile

Orion Energy Systems, Inc is a U.S.-based provider of energy-efficient lighting and building controls solutions. Founded in 1996 and headquartered in Manitowoc, Wisconsin, the company specializes in designing, manufacturing and deploying LED lighting fixtures and integrated energy management systems for commercial and industrial customers.

The company's product portfolio includes a range of LED light fixtures, smart sensors, networked controls and cloud-based energy management software.

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