Headlines about Orion Energy Systems (NASDAQ:OESX) have been trending somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Orion Energy Systems earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news headlines about the electronics maker an impact score of 47.4703291513668 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
Shares of Orion Energy Systems (NASDAQ OESX) traded up $0.01 during trading hours on Tuesday, reaching $0.81. 31,405 shares of the company traded hands, compared to its average volume of 128,200. Orion Energy Systems has a twelve month low of $0.73 and a twelve month high of $2.11. The firm has a market cap of $23.11, a P/E ratio of -1.21 and a beta of 1.12. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.78 and a quick ratio of 1.27.
Orion Energy Systems (NASDAQ:OESX) last issued its earnings results on Wednesday, February 7th. The electronics maker reported ($0.05) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.06) by $0.01. The business had revenue of $17.26 million during the quarter, compared to the consensus estimate of $18.55 million. Orion Energy Systems had a negative net margin of 31.32% and a negative return on equity of 57.15%. equities research analysts anticipate that Orion Energy Systems will post -0.49 earnings per share for the current year.
Several equities research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Orion Energy Systems from a “hold” rating to a “buy” rating and set a $1.00 target price for the company in a research note on Tuesday, November 7th. HC Wainwright set a $2.00 target price on shares of Orion Energy Systems and gave the company a “buy” rating in a research note on Thursday, February 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $1.33.
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Orion Energy Systems Company Profile
Orion Energy Systems, Inc is a designer and manufacturer of lighting platforms. The Company researches, develops, designs, manufactures, markets, sells and implements energy management systems consisting primarily of commercial and industrial interior and exterior lighting systems, and related services.
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