News coverage about Orion Energy Systems (NASDAQ:OESX) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Orion Energy Systems earned a coverage optimism score of 0.25 on Accern’s scale. Accern also assigned news stories about the electronics maker an impact score of 47.6533682779051 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Orion Energy Systems (OESX) Given a $2.00 Price Target at HC Wainwright (americanbankingnews.com)
- Orion Energy Systems (OESX) Issues Earnings Results (americanbankingnews.com)
- Orion Energy Systems Inc’s (NASDAQ:OESX) Earnings Dropped -10.89%, Did Its Industry Show Weakness Too? (finance.yahoo.com)
- Energy-Efficient LED Lighting Manufacturer Orion Reports Q3’18 Revenue Rose Sequentially to $17.3M; Identifies $1.5M in Additional Overhead Reductions (finance.yahoo.com)
Several research firms recently weighed in on OESX. Zacks Investment Research upgraded shares of Orion Energy Systems from a “hold” rating to a “buy” rating and set a $1.00 price target on the stock in a report on Tuesday, November 7th. HC Wainwright set a $2.00 price target on shares of Orion Energy Systems and gave the company a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. Orion Energy Systems has a consensus rating of “Hold” and an average target price of $1.33.
Orion Energy Systems (NASDAQ:OESX) last announced its earnings results on Wednesday, February 7th. The electronics maker reported ($0.05) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.01. Orion Energy Systems had a negative net margin of 29.13% and a negative return on equity of 48.48%. The firm had revenue of $17.26 million for the quarter, compared to analysts’ expectations of $18.55 million. equities research analysts expect that Orion Energy Systems will post -0.49 earnings per share for the current year.
ILLEGAL ACTIVITY WARNING: “Orion Energy Systems (OESX) Getting Somewhat Positive Press Coverage, Study Finds” was originally reported by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this piece on another domain, it was illegally stolen and republished in violation of US and international copyright legislation. The original version of this piece can be accessed at https://sportsperspectives.com/2018/02/09/orion-energy-systems-oesx-getting-somewhat-positive-press-coverage-study-finds.html.
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.
Receive News & Ratings for Orion Energy Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orion Energy Systems and related companies with MarketBeat.com's FREE daily email newsletter.