Optex Systems (NASDAQ:OPXS – Get Free Report) issued its quarterly earnings data on Monday. The company reported $0.19 earnings per share (EPS) for the quarter, Zacks reports. Optex Systems had a net margin of 10.75% and a return on equity of 22.12%.
Optex Systems Stock Up 2.2%
OPXS traded up $0.22 during trading hours on Monday, hitting $10.42. 23,202 shares of the company’s stock were exchanged, compared to its average volume of 47,636. Optex Systems has a 1-year low of $6.69 and a 1-year high of $17.76. The stock’s 50-day moving average is $12.36 and its two-hundred day moving average is $13.83. The stock has a market cap of $72.28 million, a price-to-earnings ratio of 15.79 and a beta of 0.51.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the business. Beacon Pointe Advisors LLC boosted its holdings in Optex Systems by 15.5% during the fourth quarter. Beacon Pointe Advisors LLC now owns 14,050 shares of the company’s stock worth $199,000 after purchasing an additional 1,890 shares during the last quarter. Marshall Wace LLP boosted its holdings in Optex Systems by 15.7% during the fourth quarter. Marshall Wace LLP now owns 90,872 shares of the company’s stock worth $1,289,000 after purchasing an additional 12,337 shares during the last quarter. Archon Capital Management LLC boosted its holdings in Optex Systems by 109.8% during the fourth quarter. Archon Capital Management LLC now owns 176,004 shares of the company’s stock worth $2,496,000 after purchasing an additional 92,094 shares during the last quarter. State Street Corp boosted its holdings in Optex Systems by 22.2% during the fourth quarter. State Street Corp now owns 25,857 shares of the company’s stock worth $367,000 after purchasing an additional 4,700 shares during the last quarter. Finally, Wasatch Advisors LP lifted its stake in Optex Systems by 166.6% in the fourth quarter. Wasatch Advisors LP now owns 265,743 shares of the company’s stock valued at $3,768,000 after acquiring an additional 166,065 shares during the last quarter. Institutional investors and hedge funds own 19.07% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Analysis on Optex Systems
Optex Systems Company Profile
Optex Systems Holdings, Inc (NASDAQ: OPXS) is a technology company specializing in infrared sensing systems for defense and homeland security applications. The company engineers, designs and manufactures electro-optical and infrared (EO/IR) payloads and sensors used across a range of surveillance and targeting platforms. Its core focus areas include mission-critical solutions for unmanned aerial vehicles (UAVs), rotary- and fixed-wing aircraft, and ground-based observation systems.
Optex Systems’ product portfolio consists of high-resolution thermal imaging cameras, infrared seekers, laser designators and multispectral platforms.
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