OESX stock: buy or sell?

OESX stock price: $2.12 1.44% At close on May 21st, 2019

Updated on:
May 21st, 2019

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After boosting a super good 28.71% yesterday, Orion Energy Systems closed today at $2.12 and grew a fine 1.44%. On May/14 OESX plummed a hair-raising -8.16%.

Orion Energy Systems, Inc. researches, designs, develops, manufactures, implements, markets, and sells energy management systems for the commercial office and retail, area lighting, and industrial markets in North America.

Should I buy OESX stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Check the only buy setup that matches with Orion Energy Systems stock now:

Buy setupElegible
New all-time highNo
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Orion Energy Systems stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 4 ratings published for OESX stock in the last 30 days.

The general sentiment of these ratings is bullish for OESX stock, with 4 positive ratings.
Is OESX a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-4-4Craig HallumHoldBuy
2019-4-3Roth CapitalNeutralBuy
2019-4-3HC Wainwrightn/aBuy
2019-2-8HC Wainwrightn/aBuy

OESX stock analysis

Daily outlook

After boosting a super good 28.71% yesterday, Orion Energy Systems closed today at $2.12 and grew a fine 1.44%.

After boosting a super good 28.71% yesterday, Orion Energy Systems closed today at $2.12 and grew a fine 1.44%. Since last April 25th when SMA100d and SMA200d crossed up, OESX price gained $0.54 per share (34.18%). Since last April when OESX stock price broke up the SMA200d line, it gained $1.21 (132.97%).

OESX stock chart (daily)

Weekly outlook

After sliding a chilling -10.07% in a week last week, Orion Energy Systems closed this week at $2.12 and rocketed an astounding 42.28%.

Orion Energy Systems shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom last week, OESX stock climbed unceasignly breaking out above its last top at $1.69. By mid April, SMA20w and SMA40w crossed up triggering a rise of 31.68%. Since early April when OESX stock price broke up the SMA40w line, it gained $1.23 (138.20%).

OESX stock chart (weekly)

OESX stock price history

OESX stock went public on December 19th, 2007 with a price of $17.491. Since then, OESX stock sliced a -87.90%, with a yearly average of -8.00%.

1: Adjusted price after possible price splits or reverse-splits.

OESX stock historical price chart

OESX stock reached 52-week highs today at $2.14, and all-time highs 2007-12-26 with a price of 22.46.

OESX stock price target is $1.80

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' OESX stock price predictions in the hope that they will be met as they may be wrong and not met. We have 2 price forecasts for Orion Energy Systems stock published in the last 30 days:
OESX stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-4-3HC WainwrightReiteratesn/a$1.75-
2019-2-8HC WainwrightReiteratesn/a$1.75-
(in average)$0.00$1.800.0%
Moving in a range from $1.75 and $1.75, the price target for Orion Energy Systems stock is $1.80. In average, analysts' outlook on OESX price target is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Orion Energy Systems failed to meet the forecasts of the analysts and reported a spooky EPS of $-0.02 per share when experts were expecting $-0.07.
OESX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.25n/a
2017-Q2-n/a-0.23n/a
2017-Q32017-11-02-0.12-0.1n/a
2017-Q42018-02-07-0.06-0.05n/a
2018-Q12018-06-04-0.05-0.05n/a
2018-Q22018-08-07-0.07-0.09n/a
2018-Q32018-11-13-0.09-0.08n/a
2018-Q42019-02-07-0.07-0.02n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Orion Energy Systems annual revenues plunged a spooky -14.12% to $60.30 million USD from $70.21 marked in 2017. On the other hand, its income margin (compared to revenues) depreciated to -21.77%, that is $-13.13 million.

Orion Energy Systems fiscal year ends in March, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Orion Energy Systems TTM sales up to December 2018 were $58.37 and income $-7.25 million USD. If we compare this TTM figures with the last reported annuality, we can esteem Orion Energy Systems business evolution since March 2018: Annual sales up to December, compared to lastest yearly report, declined an unpleasant -3.20%. Regarding profit margin, Orion Energy Systems jumped 9.34% to -21.77%

OESX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$86 M-$-10.40 M-12.1%-
2014$89 M2.94%$-6.20 M-7.0%-40.38%
2015$72 M-18.52%$-32.06 M-44.4%417.11%
2016$68 M-6.33%$-20.13 M-29.8%-37.23%
2017$70 M3.80%$-12.29 M-17.5%-38.94%
2018$60 M-14.12%$-13.13 M-21.8%6.84%
TTM $58 M-3.20%$-7.25 M-12.4%-44.74%

Quarterly financial results

Orion Energy Systems reported $16.29 million in revenues for 2018-Q4, a 23.44% improvement compared to previous quarter. Reported quarter earnings marked $-0.66 million with a profit margin of -4.06%. Profit margin climbed a 14.41% compared to previous quarter when profit margin was -18.47%. When comparing sales to same quarter last year, Orion Energy Systems sales marked a fatal slide and fell a -5.63%.
OESX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$15 M-$-7.29 M-47.7%-
2017-Q2$13 M-17.85%$-6.56 M-52.2%-10.01%
2017-Q3$15 M22.79%$-3.67 M-23.8%-44.09%
2017-Q4$17 M11.94%$-1.43 M-8.3%-60.93%
2018-Q1$15 M-12.78%$-1.46 M-9.7%2.02%
2018-Q2$14 M-8.20%$-2.69 M-19.5%84.13%
2018-Q3$13 M-4.51%$-2.44 M-18.5%-9.44%
2018-Q4$16 M23.44%$-0.66 M-4.1%-72.85%

Orion Energy Systems ownership

When you are planning to invest in a stock, it's always worth to overview its ownership structure.

Orion Energy Systems shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 21.55% of all shares.

In case of Orion Energy Systems stock, 37.54% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for OESX stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related companies:

OESXAYIEFOILYTSRVLT
Market cap$62.7 M$5.4 B$6.0 M$89.5 M$4.7 M
Total shares29.6 M39.5 M12.2 M25.9 M23.6 M
Float shares23.2 M39.0 M8.7 M25.3 M12.0 M
  - Institutional holdings (%)37.5%97.3%13.4%64.9%18.7%
  - Insider holdings (%)21.6%1.1%30.2%3.3%48.7%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

OESX summary

Tuesday, May 21st, 2019
Open$2.05
Close$2.12
Day range$1.92 - $2.14
Previous close$2.09
Session gain1.44%
Average true range$0.14
50d mov avg$1.38
100d mov avg$1.14
200d mov avg$1.02
Daily pattern
Weekly pattern lb03c

Orion Energy Systems performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Orion Energy Systems to Acuity Brands, Energy Focus, LSI Industries and Revolution Lighting Technologies:
Stock3m6m12m
OESXOrion Energy Syst...107.84%171.79%143.68%
AYIAcuity Brands5.10%12.05%15.14%
EFOIEnergy Focus-57.02%-58.82%-77.52%
LYTSLSI Industries4.23%-13.32%-35.75%
RVLTRevolution Lighti...-59.18%-71.83%-95.50%

Orion Energy Systems competitors

We chose a few stocks to conform a list of Orion Energy Systems competitors to review if you are interested in investing in OESX: