In last trading session, Power Solutions International Inc (NASDAQ:PSIX) saw 0.53 million shares changing hands with its beta currently measuring 1.14. Company’s recent per share price level of $20.30 trading at -$1.76 or -7.98% at ring of the bell on the day assigns it a market valuation of $467.06M. That closing price of PSIX’s stock is at a discount of -125.32% from its 52-week high price of $45.74 and is indicating a premium of 90.15% from its 52-week low price of $2.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.44 million shares which gives us an average trading volume of 332.64K if we extend that period to 3-months.
Power Solutions International Inc (NASDAQ:PSIX) trade information
Upright in the red during last session for losing -7.98%, in the last five days PSIX remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $20.30 price level, adding 25.15% to its value on the day. Power Solutions International Inc’s shares saw a change of -31.76% in year-to-date performance and have moved -22.49% in past 5-day. Power Solutions International Inc (NASDAQ:PSIX) showed a performance of -24.65% in past 30-days. Number of shares sold short was 0.19 million shares which calculate 0.8 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 37 to the stock, which implies a rise of 45.14% to its current value. Analysts have been projecting 37 as a low price target for the stock while placing it at a high target of 37. It follows that stock’s current price would drop -82.27% in reaching the projected high whereas dropping to the targeted low would mean a loss of -82.27% for stock’s current value.
Power Solutions International Inc (PSIX) estimates and forecasts
This year revenue growth is estimated to rise 7.13% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 106.6M for the same. And 1 analysts are in estimates of company making revenue of 122.9M in the next quarter. Company posted 95.24M and 110.59M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 51.02% during past 5 years.
Power Solutions International Inc (NASDAQ:PSIX)’s Major holders
Insiders are in possession of 75.15% of company’s total shares while institution are holding 9.27 percent of that, with stock having share float percentage of 37.30%. Investors also watch the number of corporate investors in a company very closely, which is 9.27% institutions for Power Solutions International Inc that are currently holding shares of the company. GAGNON SECURITIES LLC is the top institutional holder at PSIX for having 1.28 million shares of worth $8.16 million. And as of 2024-06-30, it was holding 5.5833 of the company’s outstanding shares.
The second largest institutional holder is GAGNON ADVISORS, LLC, which was holding about 0.76 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.2984 of outstanding shares, having a total worth of $4.82 million.
On the other hand, Fidelity Rutland Square TRT II-Strategic Advisers U.S. Total Stock Fd. and Perritt Funds Inc-Perritt MicroCap Opportunities Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 213.73 shares of worth $4.34 million or 0.93% of the total outstanding shares. The later fund manager was in possession of 15.0 shares on Jan 31, 2025 , making its stake of worth around $0.3 million in the company or a holder of 0.07% of company’s stock.