Orion Energy Systems (NASDAQ:OESX) Issues Quarterly Earnings Results, Beats Estimates By $0.55 EPS

Orion Energy Systems (NASDAQ:OESX) posted its quarterly earnings results on Wednesday. The electronics maker reported ($0.17) EPS for the quarter, topping the consensus estimate of ($0.72) by $0.55, Zacks reports. The company had revenue of $19.92 million for the quarter, compared to the consensus estimate of $20.30 million. Orion Energy Systems had a negative net margin of 11.70% and a negative return on equity of 62.99%. Orion Energy Systems updated its FY 2026 guidance to EPS.

Orion Energy Systems Stock Performance

OESX stock traded up $0.97 during trading on Thursday, reaching $9.32. The company had a trading volume of 14,284 shares, compared to its average volume of 14,710. The firm has a 50-day simple moving average of $8.68 and a 200-day simple moving average of $7.24. The company has a market cap of $31.03 million, a price-to-earnings ratio of -3.21 and a beta of 1.04. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.84 and a current ratio of 1.23. Orion Energy Systems has a twelve month low of $5.50 and a twelve month high of $10.27.

Wall Street Analysts Forecast Growth

OESX has been the topic of several recent analyst reports. HC Wainwright raised their price target on shares of Orion Energy Systems to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, September 16th. Weiss Ratings reissued a “sell (d-)” rating on shares of Orion Energy Systems in a research report on Tuesday, October 14th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.50.

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).