Flux Power Stock Earnings Estimates Boosted by HC Wainwright

Flux Power Holdings, Inc. (NASDAQ:FLUX) – Equities researchers at HC Wainwright lifted their Q2 2027 EPS estimates for Flux Power in a note issued to investors on Wednesday, November 4th. HC Wainwright analyst A. Dayal now expects that the company will post earnings per share of ($0.12) for the quarter, up from their previous forecast of ($0.13). The consensus estimate for Flux Power’s current full-year earnings is ($0.42) per share. HC Wainwright also issued estimates for Flux Power’s Q3 2027 earnings at ($0.09) EPS, Q4 2027 earnings at ($0.06) EPS, FY2027 earnings at ($0.42) EPS, FY2028 earnings at ($0.32) EPS, FY2029 earnings at ($0.09) EPS, FY2030 earnings at $0.07 EPS and FY2031 earnings at $0.22 EPS.

Flux Power (NASDAQ:FLUX) last released its earnings results on Tuesday, November 3rd. The company reported ($0.14) EPS for the quarter, hitting analysts’ consensus estimates of ($0.14). Flux Power had a negative net margin of 22.56% and a negative return on equity of 202.44%. The business had revenue of $6.76 million during the quarter, compared to analysts’ expectations of $6.25 million.

Several other equities research analysts have also commented on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Flux Power in a research note on Wednesday, August 12th. Lake Street Capital cut Flux Power from a “buy” rating to a “hold” rating and set a $1.00 target price for the company. in a report on Wednesday. Finally, Roth Capital set a $1.60 target price on Flux Power in a research report on Friday, August 21st. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $1.30.

Flux Power Trading Down 24.9%

Shares of Flux Power stock opened at $0.31 on Friday. The firm has a market capitalization of $6.72 million, a PE ratio of -0.82 and a beta of 1.63. Flux Power has a twelve month low of $0.30 and a twelve month high of $2.57. The firm’s 50-day moving average price is $0.49 and its 200 day moving average price is $0.90. The company has a current ratio of 0.90, a quick ratio of 0.30 and a debt-to-equity ratio of 0.01.

About Flux Power

Flux Power Holdings, Inc develops, manufactures and sells lithium-ion battery systems for commercial and industrial applications. The company focuses primarily on energy solutions for material-handling equipment, including electric forklifts, pallet jacks, reach trucks and other warehouse vehicles.

Its product portfolio includes modular lithium-ion battery packs, battery-management systems, chargers and related software and monitoring capabilities. These systems are designed to support fleet electrification, improve energy efficiency and reduce the maintenance requirements associated with traditional lead-acid batteries.

Flux Power serves customers in the material-handling, warehousing, distribution, manufacturing and airport ground-support markets.