Orion Energy Systems with ticker code (OESX) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 15 and 11.75 and has a mean target at 12.69. Given that the stocks previous close was at 10.01 this is indicating there is a potential upside of 26.8%. There is a 50 day moving average of 9.07 and the 200 day MA is 6.49. The company has a market cap of $319m. Visit the company website at: http://www.orionlighting.com
The potential market cap would be $404m based on the market concensus.
Orion Energy Systems 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. The company operates in three segments: Orion U.S. Markets Division, Orion Engineered Systems Division, and Orion Distribution Services Division. It offers interior light emitting diode (LED) high bay fixtures; smart building control systems, which provide lighting control options and data intelligence capabilities for building managers; and LED troffer door retrofit for use in office or retail grid ceilings. The company also offers various other LED, HIF, and induction fixtures for lighting and energy management needs comprising fixtures for agribusinesses, parking lots, roadways, retail, mezzanine, outdoor applications, and private label resale. In addition, it provides lighting-related energy management services, such as site assessment, site field verification, utility incentive and government subsidy management, engineering design, project management, and installation; and sells and distributes replacement lamps and fixture components into the after-market. The company serves customers directly; and through independent sales agencies and distributors, and energy contractors and electrical service companies. Orion Energy Systems was founded in 1996 and is headquartered in Manitowoc, Wisconsin.
