During the last session, Power Solutions International Inc (NASDAQ:PSIX)’s traded shares were 0.36 million, with the beta value of the company hitting 0.73. At the end of the trading day, the stock’s price was $26.19, reflecting an intraday loss of -10.46% or -$3.06. The 52-week high for the PSIX share is $45.74, that puts it down -74.65 from that peak though still a striking 92.36% gain since the share price plummeted to a 52-week low of $2.00. The company’s market capitalization is $602.58M, and the average intraday trading volume over the past 10 days was 0.43 million shares, and the average trade volume was 330.84K shares over the past three months.
Power Solutions International Inc (NASDAQ:PSIX) trade information
Power Solutions International Inc (PSIX) registered a -10.46% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -10.46% in intraday trading to $26.19, hitting a weekly high. The stock’s 5-day price performance is -14.24%, and it has moved by -21.21% in 30 days. Based on these gigs, the overall price performance for the year is 1206.23%. The short interest in Power Solutions International Inc (NASDAQ:PSIX) is 0.19 million shares and it means that shorts have 0.8 day(s) to cover.
The consensus price target of analysts on Wall Street is $37, which implies an increase of 29.22% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $37 and $37 respectively. As a result, PSIX is trading at a discount of -41.28% off the target high and -41.28% off the low.
Power Solutions International Inc (PSIX) estimates and forecasts
In the rating firms’ projections, revenue will increase 7.13% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 106.6M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 122.9M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 95.24M and 110.59M respectively. In this case, analysts expect current quarter sales to grow by 11.93% and then jump by 11.14% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 51.02%. While earnings are projected to return 4.63% in 2025.
PSIX Dividends
Power Solutions International Inc is due to release its next quarterly earnings on 2025-Mar-23. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Power Solutions International Inc (NASDAQ:PSIX)’s Major holders
Power Solutions International Inc insiders own 75.15% of total outstanding shares while institutional holders control 9.27%, with the float percentage being 37.30%. GAGNON SECURITIES LLC is the largest shareholder of the company, while 35.0 institutions own stock in it. As of 2024-06-30, the company held over 1.28 million shares (or 5.5833% of all shares), a total value of $8.16 million in shares.
The next largest institutional holding, with 0.76 million shares, is of GAGNON ADVISORS, LLC’s that is approximately 3.2984% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.82 million.
Also, the Mutual Funds coming in first place with the largest holdings of Power Solutions International Inc (PSIX) shares are Fidelity Rutland Square TRT II-Strategic Advisers U.S. Total Stock Fd. and Perritt Funds Inc-Perritt MicroCap Opportunities Fund . Data provided on Jan 31, 2025 indicates that Fidelity Rutland Square TRT II-Strategic Advisers U.S. Total Stock Fd. owns about 213.73 shares. This amounts to just over 0.93 percent of the company’s overall shares, with a $5.6 million market value. The same data shows that the other fund manager holds slightly less at 15.0, or about 0.07% of the stock, which is worth about $0.39 million.
