Optex Systems (NASDAQ:OPXS) Upgraded at Freedom Capital

Freedom Capital upgraded shares of Optex Systems (NASDAQ:OPXS) to a strong-buy rating in a report published on Monday morning,Zacks.com reports.

OPXS has been the topic of several other research reports. Wall Street Zen downgraded shares of Optex Systems from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. Weiss Ratings downgraded shares of Optex Systems from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Optex Systems presently has a consensus rating of “Buy”.

Optex Systems Price Performance

OPXS opened at $12.60 on Monday. The firm has a market cap of $87.44 million, a P/E ratio of 19.09 and a beta of 0.71. Optex Systems has a 1-year low of $5.41 and a 1-year high of $17.76. The company has a 50 day simple moving average of $13.41 and a two-hundred day simple moving average of $14.19.

Optex Systems (NASDAQ:OPXS) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.03 earnings per share for the quarter. The business had revenue of $9.15 million during the quarter. Optex Systems had a net margin of 10.75% and a return on equity of 22.12%.

Institutional Trading of Optex Systems

Several institutional investors have recently modified their holdings of the company. World Investment Advisors acquired a new stake in shares of Optex Systems during the 4th quarter worth approximately $821,000. Beacon Pointe Advisors LLC grew its holdings in shares of Optex Systems by 15.5% during the 4th 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 in the last quarter. Marshall Wace LLP grew its holdings in shares of Optex Systems by 15.7% during the 4th 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 in the last quarter. Archon Capital Management LLC grew its holdings in shares of Optex Systems by 109.8% during the 4th 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 in the last quarter. Finally, State Street Corp grew its holdings in shares of Optex Systems by 22.2% during the 4th quarter. State Street Corp now owns 25,857 shares of the company’s stock worth $367,000 after purchasing an additional 4,700 shares in the last quarter. Institutional investors and hedge funds own 19.07% of the company’s stock.

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.