Optex Systems (NASDAQ:OPXS) Trading Up 5.9% – Should You Buy?

Shares of Optex Systems Holdings Inc. (NASDAQ:OPXS) traded up 5.9% on Tuesday . The company traded as high as $13.84 and last traded at $13.41. 40,783 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 47,532 shares. The stock had previously closed at $12.66.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on OPXS. Weiss Ratings reiterated a “hold (c+)” rating on shares of Optex Systems in a research report on Wednesday, May 13th. Freedom Capital upgraded Optex Systems to a “strong-buy” rating in a research report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Optex Systems has a consensus rating of “Buy”.

Optex Systems Stock Up 8.9%

The firm has a market cap of $92.36 million, a price-to-earnings ratio of 22.49 and a beta of 0.50. The stock’s 50 day moving average is $11.51 and its 200 day moving average is $13.09.

Optex Systems (NASDAQ:OPXS) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $9.63 million for the quarter. Optex Systems had a net margin of 10.00% and a return on equity of 19.33%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Punch & Associates Investment Management Inc. raised its position in Optex Systems by 8.9% in the first quarter. Punch & Associates Investment Management Inc. now owns 323,475 shares of the company’s stock worth $4,278,000 after purchasing an additional 26,515 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Optex Systems by 33.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 28,618 shares of the company’s stock valued at $378,000 after purchasing an additional 7,138 shares during the period. Wasatch Advisors LP grew its stake in Optex Systems by 49.8% in the 1st quarter. Wasatch Advisors LP now owns 398,148 shares of the company’s stock valued at $5,266,000 after buying an additional 132,405 shares during the last quarter. World Investment Advisors bought a new stake in shares of Optex Systems during the 4th quarter worth approximately $821,000. Finally, Beacon Pointe Advisors LLC lifted its stake in Optex Systems by 15.5% in the 4th quarter. Beacon Pointe Advisors LLC now owns 14,050 shares of the company’s stock valued at $199,000 after purchasing an additional 1,890 shares during 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.