Q1 Earnings Estimate for OESX Issued By HC Wainwright

Orion Energy Systems, Inc. (NASDAQ:OESX) – Investment analysts at HC Wainwright issued their Q1 2027 EPS estimates for shares of Orion Energy Systems in a research note issued to investors on Friday, June 5th. HC Wainwright analyst A. Dayal expects that the electronics maker will earn $0.06 per share for the quarter. The consensus estimate for Orion Energy Systems’ current full-year earnings is $0.33 per share. HC Wainwright also issued estimates for Orion Energy Systems’ Q2 2027 earnings at $0.06 EPS, Q3 2027 earnings at $0.04 EPS, Q4 2027 earnings at $0.01 EPS and FY2027 earnings at $0.17 EPS.

A number of other equities research analysts have also issued reports on OESX. Weiss Ratings lowered shares of Orion Energy Systems from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, May 14th. Wall Street Zen lowered shares of Orion Energy Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $17.50.

Orion Energy Systems Trading Down 0.6%

Shares of OESX opened at $9.46 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.41 and a quick ratio of 1.03. Orion Energy Systems has a 1 year low of $5.50 and a 1 year high of $18.64. The company has a 50 day simple moving average of $9.42 and a two-hundred day simple moving average of $12.59. The firm has a market cap of $38.41 million, a P/E ratio of -10.28 and a beta of 0.79.

Orion Energy Systems (NASDAQ:OESX) last released its earnings results on Thursday, June 4th. The electronics maker reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.53). The firm had revenue of $25.72 million during the quarter, compared to analysts’ expectations of $24.08 million. Orion Energy Systems had a negative return on equity of 11.81% and a negative net margin of 3.66%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Tieton Capital Management LLC grew its position in shares of Orion Energy Systems by 0.6% during the fourth quarter. Tieton Capital Management LLC now owns 256,194 shares of the electronics maker’s stock valued at $3,940,000 after purchasing an additional 1,580 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Orion Energy Systems by 60.1% during the 1st quarter. NewEdge Advisors LLC now owns 24,140 shares of the electronics maker’s stock valued at $211,000 after acquiring an additional 9,058 shares during the last quarter. Quadrature Capital Ltd bought a new position in shares of Orion Energy Systems during the 4th quarter valued at approximately $202,000. Grace & White Inc. NY boosted its position in shares of Orion Energy Systems by 9.2% during the 1st quarter. Grace & White Inc. NY now owns 241,387 shares of the electronics maker’s stock valued at $2,110,000 after acquiring an additional 20,400 shares during the last quarter. Finally, North Star Investment Management Corp. boosted its position in shares of Orion Energy Systems by 6.3% during the 4th quarter. North Star Investment Management Corp. now owns 407,452 shares of the electronics maker’s stock valued at $6,267,000 after acquiring an additional 23,998 shares during the last quarter. Hedge funds and other institutional investors own 52.59% of the company’s stock.

About Orion Energy Systems

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.