Orion Energy Systems (OESX) Receives a Buy from Craig-Hallum

Craig-Hallum analyst Eric Stine maintained a Buy rating on Orion Energy Systems (OESX – Research Report) today. The company’s shares closed yesterday at $0.91.

According to TipRanks, Stine is a 4-star analyst with an average return of 6.4% and a 38.20% success rate. Stine covers the Industrials sector, focusing on stocks such as Plug Power, PureCycle Technologies, and Aspen Aerogels.

Orion Energy Systems has an analyst consensus of Strong Buy, with a price target consensus of $3.25.

OESX market cap is currently $29.63M and has a P/E ratio of -1.60.

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Orion Energy Systems (OESX) Company Description:

Orion Energy Systems, Inc. engages in the design, development, and trade of lighting systems, and retrofit lighting solutions. It operates through the following segments: U.S. Markets (USM); Orion Engineered Systems (OES), and Orion Distribution Services (ODS). The U.S. Markets segment produces, and sells commercial lighting, and energy management systems to the wholesale contractors. The Engineered Systems segment develops, and sells lighting products, and provides construction, and engineering services for commercial lighting, and energy management systems.The Distribution Services segment markets lighting products to agencies and distributors. The company was founded in April 1996 and is headquartered in Manitowoc, WI.