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Conference/Events
Orion Energy management to meet virtually with Craig-Hallum » 04:55
09/16/21
09/16
04:55
09/16/21
04:55
OESX

Orion Energy

$4.01 /

+0.06 (+1.52%)

Virtual Meeting to be…

Virtual Meeting to be held on September 16 hosted by Craig-Hallum.

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OESX Orion Energy
$4.01 /

+0.06 (+1.52%)

OESX Orion Energy
$4.01 /

+0.06 (+1.52%)

08/05/21 B. Riley
Orion Energy price target lowered to $8.50 from $10.50 at B. Riley
08/04/21 Roth Capital
Orion Energy price target lowered to $5 from $7 at Roth Capital
06/02/21
Fly Intel: Top five analyst downgrades
06/02/21 Roth Capital
Orion Energy downgraded to Neutral at Roth Capital on weaker revenue growth
OESX Orion Energy
$4.01 /

+0.06 (+1.52%)

Over a week ago
Conference/Events
Orion Energy management to meet virtually with Craig-Hallum » 10:13
09/13/21
09/13
10:13
09/13/21
10:13
OESX

Orion Energy

$4.03 /

-0.1 (-2.42%)

Virtual Meeting to be…

Virtual Meeting to be held on September 16 hosted by Craig-Hallum.

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OESX Orion Energy
$4.03 /

-0.1 (-2.42%)

OESX Orion Energy
$4.03 /

-0.1 (-2.42%)

08/05/21 B. Riley
Orion Energy price target lowered to $8.50 from $10.50 at B. Riley
08/04/21 Roth Capital
Orion Energy price target lowered to $5 from $7 at Roth Capital
06/02/21
Fly Intel: Top five analyst downgrades
06/02/21 Roth Capital
Orion Energy downgraded to Neutral at Roth Capital on weaker revenue growth
OESX Orion Energy
$4.03 /

-0.1 (-2.42%)

Over a month ago
Recommendations
Orion Energy price target lowered to $8.50 from $10.50 at B. Riley » 08:31
08/05/21
08/05
08:31
08/05/21
08:31
OESX

Orion Energy

$4.99 /

+0.08 (+1.63%)

B. Riley analyst Alex…

B. Riley analyst Alex Rygiel lowered the firm's price target on Orion Energy to $8.50 from $10.50 and keeps a Buy rating on the shares following the "solid" fiscal Q1 results. The analyst believes Orion is well positioned with its product and service offering to benefit from a global trend towards retrofitting and building new facilities with LED lighting fixtures.

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OESX Orion Energy
$4.99 /

+0.08 (+1.63%)

OESX Orion Energy
$4.99 /

+0.08 (+1.63%)

08/04/21 Roth Capital
Orion Energy price target lowered to $5 from $7 at Roth Capital
06/02/21
Fly Intel: Top five analyst downgrades
06/02/21 Roth Capital
Orion Energy downgraded to Neutral at Roth Capital on weaker revenue growth
06/02/21 Roth Capital
Orion Energy downgraded to Neutral from Buy at Roth Capital
OESX Orion Energy
$4.99 /

+0.08 (+1.63%)

Recommendations
Orion Energy price target lowered to $5 from $7 at Roth Capital » 12:54
08/04/21
08/04
12:54
08/04/21
12:54
OESX

Orion Energy

$5.04 /

+0.13 (+2.65%)

Roth Capital analyst…

Roth Capital analyst Craig Irwin lowered the firm's price target on Orion Energy to $5 from $7 and keeps a Neutral rating on the shares after the company reported Q1 revenue that was "a bit light" along with EPS that was inline with consensus. He is applying a lower multiple to his estimates given what he sees as the "substantial progress" needed with new customers for Orion to meet its FY22 revenue guidance, Irwin stated.

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OESX Orion Energy
$5.04 /

+0.13 (+2.65%)

OESX Orion Energy
$5.04 /

+0.13 (+2.65%)

06/02/21
Fly Intel: Top five analyst downgrades
06/02/21 Roth Capital
Orion Energy downgraded to Neutral at Roth Capital on weaker revenue growth
06/02/21 Roth Capital
Orion Energy downgraded to Neutral from Buy at Roth Capital
04/15/21 B. Riley
Orion Energy transferred with Buy, $10.50 target at B. Riley
OESX Orion Energy
$5.04 /

+0.13 (+2.65%)

Earnings
Orion Energy sees 2022 revenue $150M-$155M, consensus $153.42M  07:30
08/04/21
08/04
07:30
08/04/21
07:30
OESX

Orion Energy

$4.90 /

-0.01 (-0.20%)

 
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OESX Orion Energy
$4.90 /

-0.01 (-0.20%)

OESX Orion Energy
$4.90 /

-0.01 (-0.20%)

06/02/21
Fly Intel: Top five analyst downgrades
06/02/21 Roth Capital
Orion Energy downgraded to Neutral at Roth Capital on weaker revenue growth
06/02/21 Roth Capital
Orion Energy downgraded to Neutral from Buy at Roth Capital
04/15/21 B. Riley
Orion Energy transferred with Buy, $10.50 target at B. Riley
OESX Orion Energy
$4.90 /

-0.01 (-0.20%)

Earnings
Orion Energy reports Q1 EPS 8c, consensus 8c » 07:30
08/04/21
08/04
07:30
08/04/21
07:30
OESX

Orion Energy

$4.90 /

-0.01 (-0.20%)

Reports Q1 revenue…

Reports Q1 revenue $35.1M, consensus $36.88M. Mike Altschaefl, Orion's CEO and Board Chair, commented, "As anticipated, the Orion team achieved a strong start to fiscal 2022 with solid Q1'22 revenues and a particularly strong gross margin performance of 29.1%. Our margin improvement is attributable to a favorable product mix as well as active supply chain and inventory management. Our year-over-year comparisons are particularly favorable given the significant impact of the onset of the COVID-19 pandemic on customer project activity timing in the first quarter of last fiscal year. We are proud of the resiliency of our team and customer relationships which have enabled Orion's business to rebound very quickly. Through long-term planning, advance component purchases, proactive supplier management and U.S. based manufacturing, Orion has been able to mitigate supply chain challenges that have been seen not only in our industry but also throughout much of the economy. Though these challenges remain an area of concern in the near term, we feel Orion is generally well positioned to achieve our production goals for the balance of the year, particularly given our active management of sourcing and inventory. Longer term, Orion remains focused on building our pipeline of future projects and opportunities. Despite general economic and supply chain uncertainties throughout the economy, we are seeing slow but steady signs of customers reengaging on large-scale, national LED lighting projects for both new and retrofit opportunities. While these projects develop slowly, national customers recognize the value of Orion's innovative, energy efficient products and our proven track record executing customized, turnkey project solutions with strong customer service and one centralized point of contact. Areas of opportunity include retail, logistics, healthcare, the U.S. public sector, including the U.S. Postal Service, the Military, and the academic sector."

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OESX Orion Energy
$4.90 /

-0.01 (-0.20%)

OESX Orion Energy
$4.90 /

-0.01 (-0.20%)

06/02/21
Fly Intel: Top five analyst downgrades
06/02/21 Roth Capital
Orion Energy downgraded to Neutral at Roth Capital on weaker revenue growth
06/02/21 Roth Capital
Orion Energy downgraded to Neutral from Buy at Roth Capital
04/15/21 B. Riley
Orion Energy transferred with Buy, $10.50 target at B. Riley
OESX Orion Energy
$4.90 /

-0.01 (-0.20%)

Over a quarter ago
Downgrade
Fly Intel: Top five analyst downgrades » 09:49
06/02/21
06/02
09:49
06/02/21
09:49
IMAX

Imax

$21.03 /

-1.255 (-5.63%)

, SAFM

Sanderson Farms

$166.10 /

+0.06 (+0.04%)

, OESX

Orion Energy

$5.84 /

-0.91 (-13.48%)

, TGLS

Tecnoglass

$22.55 /

-0.89 (-3.80%)

, LMNL

Liminal BioSciences

$4.10 /

-0.09 (-2.15%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Imax downgraded to Sell from Neutral at Goldman Sachs, with analyst Michael Ng saying he expects a "sharp" domestic box office recovery in 2021 and 2022 but believes this is reflected in stock's current valuation. 2. Sanderson Farms (SAFM) downgraded to Equal Weight from Overweight at Barclays, with analyst Benjamin Theurer expecting strong poultry price dynamics and a continuing recovery in volumes to more than offset the elevated grain cost. 3. Orion Energy (OESX) downgraded to Neutral from Buy at Roth Capital, with analyst Craig Irwin noting that Orion missed Q4 revenue estimates by $8.2M/$4.6M with EPS 13c/6c below. 4. Tecnoglass (TGLS) downgraded to Neutral from Buy at B. Riley, with analyst Alex Rygiel citing valuation for the downgrade following the stock's "well-deserved" 240% increase year-to-date. 5. Liminal BioSciences (LMNL) downgraded to Neutral from Overweight at Piper Sandler, with analyst Yasmeen Rahimi saying that while she was disappointed that fezagepras failed to show PPARa activity based on interim data from an ongoing Phase 1 PK study, she believes Liminal is making a "smart move" to pause its Phase 2 trial in IPF and Phase 1a/2b study in HTG to "thoughtfully" determine the appropriate actions moving forward. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
TGLS Tecnoglass
$22.55 /

-0.89 (-3.80%)

SAFM Sanderson Farms
$166.10 /

+0.06 (+0.04%)

OESX Orion Energy
$5.84 /

-0.91 (-13.48%)

LMNL Liminal BioSciences
$4.10 /

-0.09 (-2.15%)

IMAX Imax
$21.03 /

-1.255 (-5.63%)

IMAX Imax
$21.03 /

-1.255 (-5.63%)

06/02/21 Goldman Sachs
Imax downgraded to Sell from Neutral at Goldman Sachs
05/24/21 Benchmark
Imax price target raised to $25 at Benchmark after F9's opening weekend
04/30/21 Macquarie
Imax price target raised to $30 from $25 at Macquarie
04/23/21
Fly Intel: Top five analyst upgrades
SAFM Sanderson Farms
$166.10 /

+0.06 (+0.04%)

06/02/21 Barclays
Sanderson Farms downgraded to Equal Weight from Overweight at Barclays
05/28/21 BMO Capital
Sanderson Farms price target raised to $195 from $180 at BMO Capital
05/18/21 Credit Suisse
Sanderson Farms price target raised to $168 from $148 at Credit Suisse
04/09/21 Stephens
Tyson Foods price target raised to $90 from $80 at Stephens
OESX Orion Energy
$5.84 /

-0.91 (-13.48%)

06/02/21 Roth Capital
Orion Energy downgraded to Neutral at Roth Capital on weaker revenue growth
06/02/21 Roth Capital
Orion Energy downgraded to Neutral from Buy at Roth Capital
04/15/21 B. Riley
Orion Energy transferred with Buy, $10.50 target at B. Riley
12/10/20 B. Riley
Orion Energy price target raised to $11.75 from $9.25 at B. Riley Securities
TGLS Tecnoglass
$22.55 /

-0.89 (-3.80%)

06/02/21 B. Riley
Tecnoglass downgraded to Neutral after 240% rally at B. Riley
06/02/21 B. Riley
Tecnoglass downgraded to Neutral from Buy at B. Riley
05/10/21 B. Riley
Tecnoglass price target raised to $17 from $14 at B. Riley
05/10/21 Baird
Tecnoglass price target raised to $18 from $14 at Baird
LMNL Liminal BioSciences
$4.10 /

-0.09 (-2.15%)

06/01/21 Piper Sandler
Liminal BioSciences downgraded to Neutral from Overweight at Piper Sandler
05/18/21 Piper Sandler
Piper says Liminal partnering plasma franchise to Kedrion 'a great catalyst'
03/25/21 Piper Sandler
Liminal BioSciences positioned for transformational year, says Piper Sandler
02/18/21 H.C. Wainwright
Liminal BioSciences initiated with a Buy at H.C. Wainwright
TGLS Tecnoglass
$22.55 /

-0.89 (-3.80%)

SAFM Sanderson Farms
$166.10 /

+0.06 (+0.04%)

OESX Orion Energy
$5.84 /

-0.91 (-13.48%)

IMAX Imax
$21.03 /

-1.255 (-5.63%)

SAFM Sanderson Farms
$166.10 /

+0.06 (+0.04%)

IMAX Imax
$21.03 /

-1.255 (-5.63%)

IMAX Imax
$21.03 /

-1.255 (-5.63%)

LMNL Liminal BioSciences
$4.10 /

-0.09 (-2.15%)

IMAX Imax
$21.03 /

-1.255 (-5.63%)

Downgrade
Orion Energy downgraded to Neutral at Roth Capital on weaker revenue growth » 08:39
06/02/21
06/02
08:39
06/02/21
08:39
OESX

Orion Energy

$6.72 /

+0.3 (+4.67%)

As previously reported,…

As previously reported, Roth Capital analyst Craig Irwin downgraded Orion Energy to Neutral from Buy with a price target of $7, down from $14. The analyst notes that Orion missed Q4 revenue estimates by $8.2M/$4.6M with EPS 13c/6c below. While revenue has rebounded, new customers are not growing as quickly as Irwin had expected. Factoring the guide of 28% growth, this means other customers should grow from $51M in fiscal year 2021 to $100M in fiscal year 2022, which the analyst sees as "disappointing" versus prior forecasts.

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OESX Orion Energy
$6.72 /

+0.3 (+4.67%)

OESX Orion Energy
$6.72 /

+0.3 (+4.67%)

06/02/21 Roth Capital
Orion Energy downgraded to Neutral from Buy at Roth Capital
04/15/21 B. Riley
Orion Energy transferred with Buy, $10.50 target at B. Riley
12/10/20 B. Riley
Orion Energy price target raised to $11.75 from $9.25 at B. Riley Securities
11/06/20 H.C. Wainwright
Orion Energy price target raised to $12 from $7 at H.C. Wainwright
OESX Orion Energy
$6.72 /

+0.3 (+4.67%)

Downgrade
Orion Energy downgraded to Neutral from Buy at Roth Capital » 08:36
06/02/21
06/02
08:36
06/02/21
08:36
OESX

Orion Energy

$6.72 /

+0.3 (+4.67%)

Roth Capital analyst…

Roth Capital analyst Craig Irwin downgraded Orion Energy to Neutral from Buy with a price target of $7, down from $14.

ShowHide Related Items >><<
OESX Orion Energy
$6.72 /

+0.3 (+4.67%)

OESX Orion Energy
$6.72 /

+0.3 (+4.67%)

04/15/21 B. Riley
Orion Energy transferred with Buy, $10.50 target at B. Riley
12/10/20 B. Riley
Orion Energy price target raised to $11.75 from $9.25 at B. Riley Securities
11/06/20 H.C. Wainwright
Orion Energy price target raised to $12 from $7 at H.C. Wainwright
10/22/20 B. Riley
Orion Energy price target raised to $9.25 from $6.50 at B. Riley Securities
OESX Orion Energy
$6.72 /

+0.3 (+4.67%)

Earnings
Orion Energy sees FY22 revenue $150M to $155M, $161.8M » 16:11
06/01/21
06/01
16:11
06/01/21
16:11
OESX

Orion Energy

$6.76 /

+0.34 (+5.30%)

Orion currently expects…

Orion currently expects to achieve FY 2022 revenue of $150M to $155M, representing growth of at least 28% over FY 2021, excluding any recurrence of COVID-19 business impacts. This outlook is based on further progress in diversifying Orion's customer base and revenue sources and is supported by the following opportunities:

ShowHide Related Items >><<
OESX Orion Energy
$6.76 /

+0.34 (+5.30%)

OESX Orion Energy
$6.76 /

+0.34 (+5.30%)

04/15/21 B. Riley
Orion Energy transferred with Buy, $10.50 target at B. Riley
12/10/20 B. Riley
Orion Energy price target raised to $11.75 from $9.25 at B. Riley Securities
11/06/20 H.C. Wainwright
Orion Energy price target raised to $12 from $7 at H.C. Wainwright
10/22/20 B. Riley
Orion Energy price target raised to $9.25 from $6.50 at B. Riley Securities
OESX Orion Energy
$6.76 /

+0.34 (+5.30%)

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