Power Solutions International Inc (NASDAQ:PSIX) traded at $38.67 at close of the session on current trade day and made an upward move of 0.89% on its previous day’s price.
Looking at the stock we see that its previous close was $38.33 and the beta (5Y monthly) reads 1.031 with the day’s price range being $36.75 – $39.0. The company has a trailing 12-month PE ratio of 16.36. In terms of its 52-week price range, PSIX has a high of $45.74 and a low of $1.89. The company’s stock has gained about 7.33% over that past 30 days.
Power Solutions International Inc has a market cap of $889.41 million and is expected to release its quarterly earnings report in March.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 140.7M, with a low of 140.7M and a high of 140.7M. The median projection represents growth squeezing down to 34.31% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 472.4M, or 2.93% up from figures reported last year.
On the other hand, looking at the outlook for the PSIX stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is -3.41% off its SMA20 and 17.10% from its 50-day simple moving average. The RSI (14) is pointing at 51.18 while the volatility over the past week is 6.65% and jumps to 10.16% over the past one month. The beta value is 1.00, while the average true range (ATR) is currently pointing at 3.96. The average price target for the stock over the next 12 months is $37, with the estimates having a low of $37 and a high of $37. These price ends are 4.32% and 4.32% off the current price level respectively, although investors could be excited at the prospect of a 4.32% if the PSIX share price touches on the median price of $37.
Coming back to Power Solutions International Inc (NASDAQ:PSIX), we note that the average 3-month trading volume was 284.55K, while that of the preceding 10-day period stands at 0.32 million. Current shares outstanding are 22.99 million.
The insiders hold 74.93% of the company’s shares while institutions hold 10.05%. The data shows that short shares as of 2025-01-31, stood at 0.13 million at a short ratio of 0.34. This represents a 240.00 short interest in shares outstanding on 2025-01-31. Shares short rose in January from the previous month at 83389.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 29.98% up in year-to-date price movement.
