NASDAQ:OESX Orion Energy Systems (OESX) Stock Forecast, Price & News $1.50 +0.05 (+3.45%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$1.45▼$1.5050-Day Range$1.43▼$2.0652-Week Range$1.38▼$2.45Volume27,844 shsAverage Volume41,082 shsMarket Capitalization$46.13 millionP/E RatioN/ADividend YieldN/APrice Target$5.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Orion Energy Systems MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside233.3% Upside$5.00 Price TargetShort InterestHealthy0.45% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.00) to ($0.22) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.04 out of 5 starsConstruction Sector61st out of 105 stocksElectric Lighting & Wiring Equipment Industry3rd out of 4 stocks 3.3 Analyst's Opinion Consensus RatingOrion Energy Systems has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.00, Orion Energy Systems has a forecasted upside of 233.3% from its current price of $1.50.Amount of Analyst CoverageOrion Energy Systems has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.45% of the float of Orion Energy Systems has been sold short.Short Interest Ratio / Days to CoverOrion Energy Systems has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Orion Energy Systems has recently increased by 2.07%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldOrion Energy Systems does not currently pay a dividend.Dividend GrowthOrion Energy Systems does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OESX. Previous Next 2.3 News and Social Media Coverage News SentimentOrion Energy Systems has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 1 news article for Orion Energy Systems this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for OESX on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Orion Energy Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Orion Energy Systems insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.00% of the stock of Orion Energy Systems is held by insiders.Percentage Held by Institutions53.86% of the stock of Orion Energy Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Orion Energy Systems are expected to grow in the coming year, from ($1.00) to ($0.22) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Orion Energy Systems is -1.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Orion Energy Systems is -1.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOrion Energy Systems has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Orion Energy Systems (NASDAQ:OESX) StockOrion Energy Systems, Inc. engages in the design, development, and trade of lighting systems, and retrofit lighting solutions. It operates through the following segments: Orion Services Group Division (OSG), Orion Distribution Services Division (ODS), Orion U.S. Markets Division (USM), and Corporate and Other. The OSG segment develops and sells lighting products and provides construction and engineering services for commercial lighting and energy management systems and provides retailers, distributors and other businesses with maintenance, repair and replacement services for the lighting and related electrical components deployed in their facilities. The ODS segment focuses on selling lighting products through manufacturer representative agencies and a network of North American broadline and electrical distributors and contractors. The USM segment consists of commercial lighting systems and energy management systems for the wholesale contractor markets. The Corporate and Other segment includes operating expenses. The company was founded in April 1996 and is headquartered in Manitowoc, WI.Read More Receive OESX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Orion Energy Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address OESX Stock News HeadlinesMay 27, 2023 | americanbankingnews.comOrion Energy Systems (NASDAQ:OESX) Coverage Initiated at StockNews.comMay 25, 2023 | finance.yahoo.comLED Lighting and Electric Vehicle Charging Solutions Provider Orion Hosts Q4 Call Tuesday, June 6th at 10am ETJune 2, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 23, 2023 | finance.yahoo.comOrion Energy Systems Unveils Latest LED Lighting Products at LIGHTFAIR® 2023 International Trade Show and ConferenceMay 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Orion Energy Systems (NASDAQ:OESX)May 18, 2023 | finance.yahoo.comLED Lighting & EV Charging Solutions Provider Orion Energy Systems Presents at LD Micro Invitational in Los Angeles Wed., June 7th at 8:30am PTMay 3, 2023 | americanbankingnews.comOrion Energy Systems (NASDAQ:OESX) Now Covered by StockNews.comApril 13, 2023 | finance.yahoo.comRecent 13% pullback isn't enough to hurt long-term Orion Energy Systems (NASDAQ:OESX) shareholders, they're still up 115% over 5 yearsJune 2, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>April 8, 2023 | americanbankingnews.comOrion Energy Systems (NASDAQ:OESX) Now Covered by Analysts at StockNews.comApril 1, 2023 | seekingalpha.comOESX Orion Energy Systems, Inc.March 24, 2023 | americanbankingnews.comOrion Energy Systems (NASDAQ:OESX) Coverage Initiated by Analysts at StockNews.comMarch 9, 2023 | finance.yahoo.comOrion Energy Systems, Inc. Adds Richard A. Shapiro to Board of DirectorsMarch 7, 2023 | finance.yahoo.comLED Lighting & EV Charging Provider Orion Energy Systems Presents at Virtual Investor Summit Weds., March 29th at 12pm ETFebruary 11, 2023 | finance.yahoo.comOrion Energy Systems Third Quarter 2023 Earnings: Revenues Beat Expectations, EPS LagsFebruary 10, 2023 | finance.yahoo.comOrion Energy Systems, Inc. (NASDAQ:OESX) Q3 2023 Earnings Call TranscriptFebruary 9, 2023 | finanznachrichten.deOrion Energy Systems, Inc.: Orion Energy Systems Reports Q3 Revenue of $20.3M; Reiterates FY'24 Outlook for 30% Revenue GrowthFebruary 9, 2023 | finance.yahoo.comOrion Energy Systems Reports Q3 Revenue of $20.3M; Reiterates FY’24 Outlook for 30% Revenue GrowthFebruary 8, 2023 | msn.comEarnings Outlook For Orion Energy SystemsFebruary 2, 2023 | finance.yahoo.comAnalysts Estimate Orion Energy Systems, Inc. (OESX) to Report a Decline in Earnings: What to Look Out forFebruary 2, 2023 | finance.yahoo.comVoltrek to Design and Install EV Charging Infrastructure for an Electric School Bus Pilot ProgramFebruary 1, 2023 | finance.yahoo.comLED Lighting and EV Charging Solutions Provider Orion Hosts Q3 Call Thurs., Feb. 9th at 10am ETJanuary 26, 2023 | finance.yahoo.comTime To Worry? Analysts Are Downgrading Their Orion Energy Systems, Inc. (NASDAQ:OESX) OutlookJanuary 24, 2023 | finance.yahoo.comOrion (OESX) Preliminary Q3 Results Depict Delay, View UpdatedJanuary 23, 2023 | finance.yahoo.comOrion Energy Systems Previews Preliminary FY 2023 Q3 Results, Updates FY 2023 Revenue Outlook and Provides Initial FY 2024 Revenue Growth Rate ExpectationJanuary 17, 2023 | finance.yahoo.comOrion Energy Systems Adds Sales Leader Ken Poole as EVP of SalesJanuary 4, 2023 | finance.yahoo.comOrion Adds Charles McDulin to Board of DirectorsSee More Headlines OESX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OESX Company Calendar Last Earnings11/09/2021Today6/02/2023Next Earnings (Confirmed)6/06/2023Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electric lighting & wiring equipment Sub-IndustryN/A SectorConstruction Current SymbolNASDAQ:OESX CUSIPN/A CIK1409375 Webwww.oriones.com Phone(920) 892-9340Fax866-678-7020Employees213Year Founded1996Price Target and Rating Average Stock Price Forecast$5.00 High Stock Price Forecast$7.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside+233.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.96) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$6.09 million Net Margins-39.08% Pretax Margin-16.35% Return on Equity-18.72% Return on Assets-13.39% Debt Debt-to-Equity Ratio0.13 Current Ratio2.11 Quick Ratio1.24 Sales & Book Value Annual Sales$124.38 million Price / Sales0.37 Cash Flow$0.25 per share Price / Cash Flow5.95 Book Value$2.09 per share Price / Book0.72Miscellaneous Outstanding Shares30,750,000Free Float29,213,000Market Cap$46.13 million OptionableOptionable Beta1.94 Social Links Key ExecutivesMichael H. JenkinsChief Executive Officer & DirectorJ. Per BrodinCFO, Treasurer, Chief Accounting Officer & EVPScott A. GreenPresident-Orion Services Group & Executive VPMarc MeadeSVP-Operations Planning & Business DevelopmentKen PooleExecutive Vice President-SalesKey Competitors180 Degree CapitalNASDAQ:TURNComstock Holding CompaniesNASDAQ:CHCIDIRTT Environmental SolutionsNASDAQ:DRTTTeamNYSE:TISIWANG & LEE GROUPNASDAQ:WLGSView All CompetitorsInsiders & InstitutionsSusquehanna International Group LLPBought 31,678 shares on 5/16/2023Ownership: 0.182%Renaissance Technologies LLCSold 14,100 shares on 5/12/2023Ownership: 4.132%Dimensional Fund Advisors LPSold 26,970 shares on 5/12/2023Ownership: 0.714%Tieton Capital Management LLCBought 111,666 shares on 5/10/2023Ownership: 7.151%Acuitas Investments LLCSold 98,253 shares on 5/2/2023Ownership: 3.708%View All Insider TransactionsView All Institutional Transactions OESX Stock - Frequently Asked Questions Should I buy or sell Orion Energy Systems stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orion Energy Systems in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OESX shares. View OESX analyst ratings or view top-rated stocks. What is Orion Energy Systems' stock price forecast for 2023? 2 equities research analysts have issued 1 year price targets for Orion Energy Systems' stock. Their OESX share price forecasts range from $3.00 to $7.00. On average, they anticipate the company's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 233.3% from the stock's current price. View analysts price targets for OESX or view top-rated stocks among Wall Street analysts. How have OESX shares performed in 2023? Orion Energy Systems' stock was trading at $1.82 at the start of the year. Since then, OESX stock has decreased by 17.6% and is now trading at $1.50. View the best growth stocks for 2023 here. When is Orion Energy Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 6th 2023. View our OESX earnings forecast. How were Orion Energy Systems' earnings last quarter? Orion Energy Systems, Inc. (NASDAQ:OESX) announced its quarterly earnings data on Tuesday, November, 9th. The electronics maker reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. The electronics maker had revenue of $36.51 million for the quarter, compared to analyst estimates of $39.03 million. Orion Energy Systems had a negative trailing twelve-month return on equity of 18.72% and a negative net margin of 39.08%. During the same period in the previous year, the company earned $0.06 EPS. What ETFs hold Orion Energy Systems' stock? ETFs with the largest weight of Orion Energy Systems (NASDAQ:OESX) stock in their portfolio include Carbon Collective Climate Solutions U.S. Equity ETF (CCSO). What is Mike Altschaefl's approval rating as Orion Energy Systems' CEO? 1 employees have rated Orion Energy Systems Chief Executive Officer Mike Altschaefl on Glassdoor.com. Mike Altschaefl has an approval rating of 100% among the company's employees. This puts Mike Altschaefl in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Orion Energy Systems own? Based on aggregate information from My MarketBeat watchlists, some companies that other Orion Energy Systems investors own include NVIDIA (NVDA), Nokia Oyj (NOK), Pfizer (PFE), Applied Materials (AMAT), Advanced Micro Devices (AMD), Enphase Energy (ENPH), NIO (NIO), AT&T (T), Micron Technology (MU) and Zoom Video Communications (ZM). What is Orion Energy Systems' stock symbol? Orion Energy Systems trades on the NASDAQ under the ticker symbol "OESX." Who are Orion Energy Systems' major shareholders? Orion Energy Systems' stock is owned by a number of institutional and retail investors. Top institutional shareholders include North Star Investment Management Corp. (8.63%), Tieton Capital Management LLC (7.15%), Renaissance Technologies LLC (4.13%), Acuitas Investments LLC (3.71%), Penbrook Management LLC (1.35%) and Dimensional Fund Advisors LP (0.71%). Insiders that own company stock include Anthony L Otten, Michael H Jenkins, Michael J Potts, Michael W Altschaefl and Scott A Green. View institutional ownership trends. How do I buy shares of Orion Energy Systems? Shares of OESX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Orion Energy Systems' stock price today? One share of OESX stock can currently be purchased for approximately $1.50. How much money does Orion Energy Systems make? Orion Energy Systems (NASDAQ:OESX) has a market capitalization of $46.13 million and generates $124.38 million in revenue each year. The electronics maker earns $6.09 million in net income (profit) each year or ($0.96) on an earnings per share basis. How many employees does Orion Energy Systems have? The company employs 213 workers across the globe. How can I contact Orion Energy Systems? Orion Energy Systems' mailing address is 2210 WOODLAND DRIVE, MANITOWOC WI, 54220. The official website for the company is www.oriones.com. The electronics maker can be reached via phone at (920) 892-9340, via email at ir@oesx.com, or via fax at 866-678-7020. This page (NASDAQ:OESX) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Orion Energy Systems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.