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MarketBeat: Week in Review 8/8 - 8/12
"Prepare for Five Years of Famine" (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
"Prepare for Five Years of Famine" (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
"Prepare for Five Years of Famine" (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
"Prepare for Five Years of Famine" (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
"Prepare for Five Years of Famine" (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
"Prepare for Five Years of Famine" (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
"Prepare for Five Years of Famine" (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Day of Financial Reckoning Is Near (Ad)
NASDAQ:OESX

Orion Energy Systems - OESX Stock Forecast, Price & News

$1.64
-0.05 (-2.96%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$1.64
$1.70
50-Day Range
$1.64
$2.31
52-Week Range
$1.64
$4.91
Volume
202,661 shs
Average Volume
127,165 shs
Market Capitalization
$51.10 million
P/E Ratio
54.67
Dividend Yield
N/A
Price Target
$6.00

Orion Energy Systems MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
265.9% Upside
$6.00 Price Target
Short Interest
Healthy
0.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.21mentions of Orion Energy Systems in the last 14 days
Based on 13 Articles This Week
Insider Trading
Acquiring Shares
$24,600 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.17) to $0.03 Per Share

Overall MarketRank

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

2.40 out of 5 stars

Construction Sector

41st out of 105 stocks

Electric Lighting & Wiring Equipment Industry

3rd out of 6 stocks

OESX stock logo

About Orion Energy Systems (NASDAQ:OESX) Stock

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 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. The company also offers 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. In addition, 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.

Orion Energy Systems Stock Down 3.0 %

NASDAQ:OESX opened at $1.64 on Friday. Orion Energy Systems has a 52 week low of $1.64 and a 52 week high of $4.91. The stock has a market capitalization of $51.10 million, a PE ratio of 54.67 and a beta of 1.98. The stock's 50-day moving average price is $2.03 and its 200-day moving average price is $2.54.

Orion Energy Systems (NASDAQ:OESX - Get Rating) last posted its earnings results on Tuesday, June 7th. The electronics maker reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.05). Orion Energy Systems had a net margin of 0.70% and a return on equity of 1.37%. The business had revenue of $22.06 million for the quarter, compared to analyst estimates of $27.91 million. Sell-side analysts expect that Orion Energy Systems will post -0.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

OESX has been the topic of several analyst reports. StockNews.com initiated coverage on Orion Energy Systems in a research report on Saturday, August 6th. They set a "hold" rating on the stock. HC Wainwright dropped their target price on Orion Energy Systems from $12.00 to $7.00 in a research report on Thursday, August 4th. Finally, B. Riley dropped their target price on Orion Energy Systems from $4.00 to $3.00 and set a "neutral" rating on the stock in a research report on Wednesday, June 8th.

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OESX Company Calendar

Last Earnings
6/07/2022
Today
8/13/2022
Next Earnings (Estimated)
11/08/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Electric lighting & wiring equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:OESX
Employees
213
Year Founded
1996

Price Target and Rating

Average Stock Price Forecast
$6.00
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+265.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$6.09 million
Pretax Margin
1.13%

Debt

Sales & Book Value

Annual Sales
$124.38 million
Cash Flow
$0.24 per share
Book Value
$2.01 per share

Miscellaneous

Free Float
29,603,000
Market Cap
$51.10 million
Optionable
Optionable
Beta
1.98

Social Links















OESX Stock - Frequently Asked Questions

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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orion Energy Systems in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" OESX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OESX, but not buy additional shares or sell existing shares.
View OESX analyst ratings
or view top-rated stocks.

What is Orion Energy Systems' stock price forecast for 2022?

1 brokerages have issued 1 year target prices for Orion Energy Systems' stock. Their OESX share price forecasts range from $3.00 to $8.00. On average, they expect the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 265.9% 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 2022?

Orion Energy Systems' stock was trading at $3.62 at the beginning of the year. Since then, OESX shares have decreased by 54.7% and is now trading at $1.64.
View the best growth stocks for 2022 here
.

When is Orion Energy Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our OESX earnings forecast
.

How were Orion Energy Systems' earnings last quarter?

Orion Energy Systems, Inc. (NASDAQ:OESX) posted its quarterly earnings data on Tuesday, June, 7th. The electronics maker reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of $0.01 by $0.05. The electronics maker earned $22.06 million during the quarter, compared to analysts' expectations of $27.91 million. Orion Energy Systems had a net margin of 0.70% and a trailing twelve-month return on equity of 1.37%.

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

Orion Energy Systems updated its FY 2023 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $90.00 million-$110.00 million, compared to the consensus revenue estimate of $124.56 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).

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 many different retail and institutional investors. Top institutional shareholders include North Star Investment Management Corp. (11.99%), Renaissance Technologies LLC (5.27%), Tieton Capital Management LLC (4.91%), Acuitas Investments LLC (3.72%), Grace & White Inc. NY (1.41%) and US Bancorp DE (0.93%). Insiders that own company stock include Anthony L Otten, 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 $1.64.

How much money does Orion Energy Systems make?

Orion Energy Systems (NASDAQ:OESX) has a market capitalization of $51.10 million and generates $124.38 million in revenue each year. The electronics maker earns $6.09 million in net income (profit) each year or $0.03 on an earnings per share basis.

How many employees does Orion Energy Systems have?

The company employs 213 workers across the globe.

When was Orion Energy Systems founded?

Orion Energy Systems was founded in 1996.

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 8/13/2022 by MarketBeat.com Staff

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