Q1 Earnings Estimate for OESX Issued By HC Wainwright

Orion Energy Systems, Inc. (NASDAQ:OESX) – Research analysts at HC Wainwright issued their Q1 2027 earnings estimates for shares of Orion Energy Systems in a report released on Friday, June 5th. HC Wainwright analyst A. Dayal anticipates that the electronics maker will post earnings of $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.

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

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

Orion Energy Systems Stock Down 0.6%

NASDAQ:OESX opened at $9.46 on Tuesday. The firm’s 50-day moving average price is $9.42 and its 200-day moving average price is $12.59. The company has a market capitalization of $38.41 million, a PE ratio of -10.28 and a beta of 0.79. 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.

Hedge Funds Weigh In On Orion Energy Systems

Several hedge funds and other institutional investors have recently bought and sold shares of OESX. Quadrature Capital Ltd bought a new position in Orion Energy Systems during the 4th quarter valued at about $202,000. NewEdge Advisors LLC increased its holdings in Orion Energy Systems by 60.1% in the 1st quarter. NewEdge Advisors LLC now owns 24,140 shares of the electronics maker’s stock worth $211,000 after acquiring an additional 9,058 shares in the last quarter. Marshall Wace LLP purchased a new stake in Orion Energy Systems in the 4th quarter worth approximately $706,000. Sei Investments Co. increased its holdings in Orion Energy Systems by 114.3% in the 1st quarter. Sei Investments Co. now owns 130,101 shares of the electronics maker’s stock worth $1,137,000 after acquiring an additional 69,387 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Orion Energy Systems by 32.4% in the 1st quarter. Renaissance Technologies LLC now owns 178,469 shares of the electronics maker’s stock worth $1,560,000 after acquiring an additional 43,693 shares in the last quarter. Institutional investors own 52.59% of the company’s stock.

Orion Energy Systems Company Profile

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.