What is HC Wainwright’s Estimate for OESX FY2028 Earnings?

Orion Energy Systems, Inc. (NASDAQ:OESX) – Stock analysts at HC Wainwright reduced their FY2028 EPS estimates for Orion Energy Systems in a research note issued on Wednesday, February 12th. HC Wainwright analyst A. Dayal now anticipates that the electronics maker will post earnings per share of $0.10 for the year, down from their previous forecast of $0.12. HC Wainwright currently has a “Buy” rating and a $3.00 target price on the stock. The consensus estimate for Orion Energy Systems’ current full-year earnings is ($0.30) per share. HC Wainwright also issued estimates for Orion Energy Systems’ FY2029 earnings at $0.21 EPS.

Orion Energy Systems (NASDAQ:OESX) last released its quarterly earnings data on Tuesday, February 11th. The electronics maker reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. Orion Energy Systems had a negative net margin of 8.76% and a negative return on equity of 48.81%.

Separately, StockNews.com initiated coverage on shares of Orion Energy Systems in a research report on Saturday. They set a “hold” rating on the stock.

Orion Energy Systems Trading Up 2.5 %

Orion Energy Systems stock opened at $0.83 on Friday. The stock has a market cap of $27.35 million, a P/E ratio of -3.32 and a beta of 1.36. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.49 and a quick ratio of 0.93. Orion Energy Systems has a 1 year low of $0.68 and a 1 year high of $1.53. The firm’s 50 day moving average price is $0.81 and its 200-day moving average price is $0.87.

Institutional Investors Weigh In On Orion Energy Systems

Large investors have recently bought and sold shares of the business. Mariner LLC bought a new stake in Orion Energy Systems in the fourth quarter worth $35,000. Geode Capital Management LLC increased its position in Orion Energy Systems by 9.0% in the third quarter. Geode Capital Management LLC now owns 312,127 shares of the electronics maker’s stock worth $268,000 after purchasing an additional 25,816 shares during the last quarter. Tieton Capital Management LLC increased its position in Orion Energy Systems by 25.6% in the fourth quarter. Tieton Capital Management LLC now owns 2,661,853 shares of the electronics maker’s stock worth $2,130,000 after purchasing an additional 541,773 shares during the last quarter. Grace & White Inc. NY increased its position in Orion Energy Systems by 1.9% in the fourth quarter. Grace & White Inc. NY now owns 2,745,544 shares of the electronics maker’s stock worth $2,197,000 after purchasing an additional 50,138 shares during the last quarter. Finally, North Star Investment Management Corp. increased its position in Orion Energy Systems by 1.2% in the third quarter. North Star Investment Management Corp. now owns 3,933,002 shares of the electronics maker’s stock worth $3,370,000 after purchasing an additional 47,300 shares during the last quarter. Institutional investors own 52.59% of the company’s stock.

Orion Energy Systems Company Profile

Orion Energy Systems, Inc, together with its subsidiaries, researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, area lighting, industrial applications, and government in North America and Germany. It operates in three segments: Lighting, Maintenance, and Electric Vehicle (EV).