Should I buy or sell Orion Energy Systems stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Orion Energy Systems in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" OESX shares. View OESX analyst ratings or view top-rated stocks .

What is Orion Energy Systems' stock price target for 2024?

1 brokerages have issued 1-year price objectives for Orion Energy Systems' shares. Their OESX share price targets range from $7.00 to $7.00. On average, they expect the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 669.2% 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 50.0% and is now trading at $0.91. 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 Thursday, February 8th 2024. View our OESX earnings forecast .

How were Orion Energy Systems' earnings last quarter?

Orion Energy Systems, Inc. (NASDAQ:OESX) issued its quarterly earnings results on Tuesday, November, 7th. The electronics maker reported ($0.14) EPS for the quarter, beating analysts' consensus estimates of ($0.15) by $0.01. The electronics maker had revenue of $20.59 million for the quarter, compared to the consensus estimate of $22.23 million. Orion Energy Systems had a negative net margin of 50.18% and a negative trailing twelve-month return on equity of 55.88%.

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) .

Who are Orion Energy Systems' major shareholders?

Orion Energy Systems' stock is owned by many different retail and institutional investors. Top institutional investors include Tieton Capital Management LLC (6.52%), Grace & White Inc. NY (3.19%), Heartland Advisors Inc. (2.20%), First Eagle Investment Management LLC (1.08%), Cox Capital Mgt LLC (0.25%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Anthony L Otten, Ellen B Richstone, J Per Brodin, Michael H Jenkins, 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 .

Orion Energy Systems Stock Price, News & Analysis (NASDAQ:OESX)

$0.91

+0.02 (+2.25%)

(As of 12/1/2023 ET)

Compare

Today's Range: $0.88
▼
$0.92
50-Day Range: $0.86
▼
$1.37
52-Week Range: $0.86
▼
$2.45

Volume: 307,538 shs
Average Volume: 87,366 shs
Market Capitalization: $29.59 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.00

Orion Energy Systems MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 669.2% Upside
$7.00 Price Target
Short Interest: Healthy
0.43% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.07
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$65,086 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.51) to ($0.13) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Construction Sector

14th out of 99 stocks

Electric Lighting & Wiring Equipment Industry

2nd out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
Orion Energy Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.00, Orion Energy Systems has a forecasted upside of 669.2% from its current price of $0.91.
Amount of Analyst Coverage
Orion Energy Systems has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.43% of the float of Orion Energy Systems has been sold short.
Short Interest Ratio / Days to Cover
Orion Energy Systems has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Orion Energy Systems has recently decreased by 6.80%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Orion Energy Systems does not currently pay a dividend.
Dividend Growth
Orion Energy Systems does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OESX.

2.8

News and Social Media Coverage

News Sentiment
Orion Energy Systems has a news sentiment score of 1.07. 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 0.61 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Orion Energy Systems this week, compared to 1 article on an average week.
Search Interest
Only 6 people have searched for OESX on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Orion Energy Systems insiders have bought more of their company's stock than they have sold. Specifically, they have bought $65,086.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 6.00% of the stock of Orion Energy Systems is held by insiders.
Percentage Held by Institutions
56.69% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Orion Energy Systems are expected to grow in the coming year, from ($0.51) to ($0.13) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Orion Energy Systems is -0.72, 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. Sector
The P/E ratio of Orion Energy Systems is -0.72, 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 Ratio
Orion Energy Systems has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Orion Energy Systems Stock (NASDAQ:OESX)

Orion Energy Systems, Inc. researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, exterior area lighting, and industrial applications in North America. The company operates through three segments: Orion Services Group, Orion Distribution Services, and Orion U.S. Markets. It also offers interior light emitting diode (LED) high bay fixtures; smart building control systems, which provide lighting control options and data intelligence capabilities for building managers; and LED troffer door retrofit for use in office or retail grid ceilings. In addition, the company provides various other LED and HIF fixtures for lighting and energy management needs comprising fixtures for agribusinesses, parking lots, roadways, retail, mezzanine, outdoor applications, and private label resale. Further, it provides maintenance, repair, and replacement services; offers lighting-related energy management services, such as site assessment, site field verification, utility incentive and government subsidy management, engineering design, project management, installation, facility design commissioning, and recycling; and sells and distributes replacement lamps and fixture components into the after-market. The company serves customers directly and through independent sales agencies and distributors, national account end-users, federal and state government facilities, regional account end-users, electrical distributors, electrical contractors, and energy service companies. Orion Energy Systems, Inc. was incorporated in 1996 and is headquartered in Manitowoc, Wisconsin.

OESX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OESX Stock News Headlines

November 27, 2023 | msn.com

Orion Energy Systems (OESX) Price Target Increased by 25.00% to 5.10

November 25, 2023 | americanbankingnews.com

Orion Energy Systems (NASDAQ:OESX) Coverage Initiated by Analysts at StockNews.com

December 3, 2023 | Wealthpress (Ad)

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November 11, 2023 | morningstar.com

Orion Energy Systems Inc OESX

November 8, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These NA Companies: Orion Energy Systems (OESX) and Delek US Holdings (DK)

November 8, 2023 | finance.yahoo.com

Orion Energy Systems, Inc. (NASDAQ:OESX) Q2 2024 Earnings Call Transcript

November 8, 2023 | finance.yahoo.com

Q2 2024 Orion Energy Systems Inc Earnings Call

November 7, 2023 | markets.businessinsider.com

What Wall Street expects from Orion Energy Systems's earnings

December 3, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 7, 2023 | finance.yahoo.com

LED Lighting, Maintenance and EV Charging Solutions Provider Orion’s Q2’24 Revenue Rose 17% to $20.6M; Maintains 30% Revenue Growth Outlook for FY 2024

November 7, 2023 | finance.yahoo.com

Orion Energy Systems Inc (OESX) Q2'24 Revenue Grows 17% to $20.6M

October 30, 2023 | finance.yahoo.com

Orion Energy Systems Announces Release of BABA Act-Compliant LED Lighting Fixtures

October 24, 2023 | finance.yahoo.com

LED Lighting and EV Charging Solutions Provider Orion Presents at Sidoti Microcap Virtual Conference Wed., Nov. 15th at 10am ET

October 24, 2023 | finance.yahoo.com

LED Lighting and EV Charging Solutions Provider Orion Presents at Sidoti Microcap Virtual Conference Wed., Nov. 15th at 10am ET

October 21, 2023 | fool.com

Orion Energy Systems (NASDAQ: OESX)

September 25, 2023 | finance.yahoo.com

3 Stocks That Could Easily Hand You 1,000% Gains by 2026

August 31, 2023 | finance.yahoo.com

LED Lighting and EV Charging Solutions Provider Orion to Attend H.C. Wainwright Investment Conference in NYC, Sept. 12-13th; Live Webcast Tues., Sept. 12th at 1:30 ET

August 15, 2023 | finance.yahoo.com

Orion Energy Systems Introduces TritonPro™ and New Harris Exterior LED Product Lines, Broadening Portfolio of Innovative, Quality Solutions

August 11, 2023 | finance.yahoo.com

Orion (OESX) Posts Wider Than Expected Loss in Q1, Stock Down

August 10, 2023 | msn.com

HC Wainwright & Co. Reiterates Orion Energy Systems (OESX) Buy Recommendation

August 10, 2023 | markets.businessinsider.com

H.C. Wainwright Sticks to Its Buy Rating for Orion Energy Systems (OESX)

August 9, 2023 | msn.com

Orion Energy Systems, Inc. (OESX) Reports Q1 Loss, Lags Revenue Estimates

August 9, 2023 | finance.yahoo.com

LED Lighting, Maintenance and EV Charging Solutions Provider Orion Reports Q1’24 Revenue of $17.6M; Maintains 30% Revenue Growth Outlook for FY 2024

August 9, 2023 | finance.yahoo.com

CORRECTION -- LED Lighting, Maintenance and EV Charging Solutions Provider Orion Reports Q1’24 Revenue of $17.6M; Maintains 30% Revenue Growth Outlook for FY 2024

August 8, 2023 | finance.yahoo.com

Masonite (DOOR) Beats Q2 Earnings and Revenue Estimates

August 8, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Orion Energy Systems's earnings

August 3, 2023 | msn.com

Orion Energy: Worst May Be Over As We Approach Q1 Earnings Numbers

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/02/2023
Next Earnings (Estimated): 2/08/2024
Fiscal Year End: 3/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Electric lighting & wiring equipment
Sub-Industry: N/A
Sector: Construction
Current Symbol: NASDAQ:OESX
CUSIP: N/A
CIK: 1409375
Web: www.oriones.com
Phone: (920) 892-9340
Fax: 866-678-7020
Employees: 265
Year Founded: 1996

Price Target and Rating

Average Stock Price Target: $7.00
High Stock Price Target: $7.00
Low Stock Price Target: $7.00
Potential Upside/Downside: +669.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.26)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-34,340,000.00
Net Margins: -50.18%
Pretax Margin: -25.85%
Return on Equity: -55.88%
Return on Assets: -25.02%

Debt

Debt-to-Equity Ratio: 0.44
Current Ratio: 1.56
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $80.12 million
Price / Sales: 0.37
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.70 per share
Price / Book: 1.30

Miscellaneous

Outstanding Shares: 32,512,000
Free Float: 30,561,000
Market Cap: $29.59 million
Optionable: Optionable
Beta: 1.89

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Key Executives

Mr. Michael H. Jenkins (Age 54)
CEO & Director
Comp: $409.06k
Mr. John Per Brodin (Age 61)
Executive VP, CFO, Chief Accounting Officer & Treasurer
Comp: $431.67k
Mr. Scott A. Green (Age 65)
Executive VP & President of Orion Services Group
Comp: $511.54k
Mr. Steven R. Barth Esq. (Age 64)
J.D., Outside Legal Counsel & Board Secretary
Mr. Ken Poole
Executive Vice President of Sales

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OESX Stock Analysis - Frequently Asked Questions

Should I buy or sell Orion Energy Systems stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Orion Energy Systems in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" OESX shares.
View OESX analyst ratings or view top-rated stocks.
What is Orion Energy Systems' stock price target for 2024?: 1 brokerages have issued 1-year price objectives for Orion Energy Systems' shares. Their OESX share price targets range from $7.00 to $7.00. On average, they expect the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 669.2% 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 50.0% and is now trading at $0.91.
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 Thursday, February 8th 2024.
View our OESX earnings forecast.
How were Orion Energy Systems' earnings last quarter?: Orion Energy Systems, Inc. (NASDAQ:OESX) issued its quarterly earnings results on Tuesday, November, 7th. The electronics maker reported ($0.14) EPS for the quarter, beating analysts' consensus estimates of ($0.15) by $0.01. The electronics maker had revenue of $20.59 million for the quarter, compared to the consensus estimate of $22.23 million. Orion Energy Systems had a negative net margin of 50.18% and a negative trailing twelve-month return on equity of 55.88%.

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).
Who are Orion Energy Systems' major shareholders?: Orion Energy Systems' stock is owned by many different retail and institutional investors. Top institutional investors include Tieton Capital Management LLC (6.52%), Grace & White Inc. NY (3.19%), Heartland Advisors Inc. (2.20%), First Eagle Investment Management LLC (1.08%), Cox Capital Mgt LLC (0.25%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Anthony L Otten, Ellen B Richstone, J Per Brodin, Michael H Jenkins, 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.

This page (NASDAQ:OESX) was last updated on 12/3/2023 by MarketBeat.com Staff

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