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 equities research analysts have issued 1 year price objectives for Orion Energy Systems' shares. Their OESX share price targets range from $3.00 to $3.00. On average, they predict the company's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 248.4% 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 2024?

Orion Energy Systems' stock was trading at $0.8666 at the beginning of 2024. Since then, OESX stock has decreased by 0.6% and is now trading at $0.8610. View the best growth stocks for 2024 here .

When is Orion Energy Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024. View our OESX earnings forecast .

How were Orion Energy Systems' earnings last quarter?

Orion Energy Systems, Inc. (NASDAQ:OESX) announced its earnings results on Wednesday, February, 7th. The electronics maker reported ($0.07) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.05. The electronics maker earned $25.97 million during the quarter, compared to the consensus estimate of $26.16 million. Orion Energy Systems had a negative trailing twelve-month return on equity of 57.56% and a negative net margin of 21.44%.

What guidance has Orion Energy Systems issued on next quarter's earnings?

Orion Energy Systems issued an update on its FY 2024 earnings guidance on Thursday, January, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $90.0 million-$95.0 million, compared to the consensus revenue estimate of $99.9 million.

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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:OESX

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

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$0.86

-0.02 (-2.27%)

(As of 04/15/2024 ET)

Compare

Today's Range: $0.86
▼
$0.89
50-Day Range: $0.86
▼
$1.19
52-Week Range: $0.81
▼
$1.94

Volume: 27,444 shs
Average Volume: 41,824 shs
Market Capitalization: $28.03 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.00

Get Orion Energy Systems alerts:

Orion Energy Systems MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 248.4% Upside
$3.00 Price Target
Short Interest: Healthy
0.41% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.27
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.49) to ($0.35) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.07 out of 5 stars

Construction Sector

57th out of 100 stocks

Electric Lighting & Wiring Equipment Industry

3rd 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.
Amount of Analyst Coverage
Orion Energy Systems has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.41% 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 2.8, 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 4.96%, indicating that investor sentiment is improving.

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.

3.5

News and Social Media Coverage

News Sentiment
Orion Energy Systems has a news sentiment score of 1.27. 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 0.65 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Orion Energy Systems this week, compared to 1 article on an average week.
Search Interest
2 people have searched for OESX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Orion Energy Systems insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.00% of the stock of Orion Energy Systems is held by insiders.
Percentage Held by Institutions
52.59% 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Orion Energy Systems are expected to grow in the coming year, from ($0.49) to ($0.35) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Orion Energy Systems is -1.48, 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 -1.48, 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 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

April 9, 2024 | americanbankingnews.com

Orion Energy Systems (NASDAQ:OESX) Earns Hold Rating from Analysts at StockNews.com

April 3, 2024 | globenewswire.com

Voltrek Successfully Secures More Than $11 Million of EV Charging Construction Services Work

April 16, 2024 | InvestorPlace (Ad)

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March 21, 2024 | globenewswire.com

LED Lighting and EV Charging Solutions Provider Orion to Webcast LD Micro Investor Conference Presentation Tuesday, April 9th at 9:00am ET

February 28, 2024 | finance.yahoo.com

Orion Energy Systems’ EV Charging Business (Voltrek), Secures Major EV Charger Project for Long-Time Municipal Customer

February 28, 2024 | globenewswire.com

Orion Energy Systems' EV Charging Business (Voltrek), Secures Major EV Charger Project for Long-Time Municipal Customer

February 14, 2024 | finance.yahoo.com

LED Lighting and EV Charging Solutions Provider Orion to Present in Singular Research’s Emerging Growth & Value Webinar, Thurs. Feb. 22nd at 12:15pm ET

February 14, 2024 | globenewswire.com

LED Lighting and EV Charging Solutions Provider Orion to Present in Singular Research's Emerging Growth & Value Webinar, Thurs. Feb. 22nd at 12:15pm ET

April 16, 2024 | InvestorPlace (Ad)

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February 12, 2024 | finance.yahoo.com

Orion Energy Systems, Inc. (NASDAQ:OESX) Analysts Just Cut Their EPS Forecasts Substantially

February 8, 2024 | finance.yahoo.com

Orion Energy Systems, Inc. (NASDAQ:OESX) Q3 2024 Earnings Call Transcript

February 7, 2024 | finance.yahoo.com

Orion’s Q3’24 Revenue Rose 28% to $26M on Strength in LED Lighting; Reiterates Revenue Growth Outlook of $90M-$95M for FY 2024

February 6, 2024 | markets.businessinsider.com

Orion Energy Systems is about to announce its earnings — here's what to expect

February 6, 2024 | msn.com

Orion Energy Systems Q3 2024 Earnings Preview

January 31, 2024 | wsj.com

Orion Energy Systems Inc.

January 25, 2024 | finance.yahoo.com

LED Lighting, EV Charging and Maintenance Solutions Provider Orion Hosts Q3 Call Wed., February 7th at 10am ET

January 25, 2024 | finance.yahoo.com

LED Lighting, EV Charging and Maintenance Solutions Provider Orion Hosts Q3 Call Wed., February 7th at 10am ET

January 19, 2024 | benzinga.com

Orion Energy Sys Stock (NASDAQ:OESX) Dividends: History, Yield and Dates

January 19, 2024 | finance.yahoo.com

Orion (OESX) Preliminary Q3 Results Depict Strong Demand

January 18, 2024 | finance.yahoo.com

LED Lighting, EV Charging and Electrical Maintenance Provider Orion Announces Preliminary Q3’24 Revenue Growing to $25.8M-$26.2M and Improved Cash Position; Updates FY 2024 Anticipated Revenue Outlook to $90M-$95M

January 4, 2024 | finance.yahoo.com

LED Lighting and EV Charging Solutions Provider Orion to Participate in Virtual Sidoti Microcap Conf. Weds & Thurs, Jan 17-18; Presentation Jan 18th at 10am ET

November 27, 2023 | msn.com

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

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

See More Headlines

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Company Calendar

Last Earnings: 2/07/2024
Today: 4/15/2024
Next Earnings (Estimated): 6/04/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Construction
Industry: Electric lighting & wiring equipment
Sub-Industry: N/A
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: $3.00
High Stock Price Target: $3.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +248.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.58)
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: -21.44%
Pretax Margin: -21.32%
Return on Equity: -57.56%
Return on Assets: -22.28%

Debt

Debt-to-Equity Ratio: 0.48
Current Ratio: 1.49
Quick Ratio: 0.81

Sales & Book Value

Annual Sales: $77.38 million
Price / Sales: 0.36
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.08 per share
Price / Book: 0.80

Miscellaneous

Outstanding Shares: 32,560,000
Free Float: 30,608,000
Market Cap: $28.03 million
Optionable: Optionable
Beta: 1.60

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Key Executives

Mr. Michael H. Jenkins (Age 55)
CEO & Director
Comp: $409.06k
Mr. John Per Brodin (Age 62)
Executive VP, CFO, Chief Accounting Officer & Treasurer
Comp: $431.67k
Mr. Scott A. Green (Age 66)
Executive VP & President of Orion Services Group
Comp: $511.54k
Mr. Steven R. Barth Esq. (Age 65)
J.D., Outside Legal Counsel & Board Secretary

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 equities research analysts have issued 1 year price objectives for Orion Energy Systems' shares. Their OESX share price targets range from $3.00 to $3.00. On average, they predict the company's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 248.4% 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 2024?: Orion Energy Systems' stock was trading at $0.8666 at the beginning of 2024. Since then, OESX stock has decreased by 0.6% and is now trading at $0.8610.
View the best growth stocks for 2024 here.
When is Orion Energy Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our OESX earnings forecast.
How were Orion Energy Systems' earnings last quarter?: Orion Energy Systems, Inc. (NASDAQ:OESX) announced its earnings results on Wednesday, February, 7th. The electronics maker reported ($0.07) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.05. The electronics maker earned $25.97 million during the quarter, compared to the consensus estimate of $26.16 million. Orion Energy Systems had a negative trailing twelve-month return on equity of 57.56% and a negative net margin of 21.44%.

What guidance has Orion Energy Systems issued on next quarter's earnings?: Orion Energy Systems issued an update on its FY 2024 earnings guidance on Thursday, January, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $90.0 million-$95.0 million, compared to the consensus revenue estimate of $99.9 million.
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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OESX) was last updated on 4/16/2024 by MarketBeat.com Staff

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