Forgent Power Solutions (NYSE:FPS – Get Free Report) updated its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 1.300-1.440 for the period, compared to the consensus estimate of 1.340. The company issued revenue guidance of $2.5 billion-$2.7 billion, compared to the consensus revenue estimate of $2.5 billion.
Forgent Power Solutions Stock Up 14.6%
FPS opened at $24.61 on Thursday. The company has a market capitalization of $7.49 billion and a P/E ratio of 63.11. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.54 and a quick ratio of 1.07. The firm’s fifty day moving average price is $31.98 and its two-hundred day moving average price is $38.10. Forgent Power Solutions has a fifty-two week low of $17.67 and a fifty-two week high of $66.00.
Forgent Power Solutions (NYSE:FPS – Get Free Report) last announced its quarterly earnings data on Thursday, November 12th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The company had revenue of $478.57 million during the quarter. Forgent Power Solutions had a net margin of 5.76% and a return on equity of 24.59%. The business’s revenue for the quarter was up 68.9% on a year-over-year basis. Forgent Power Solutions has set its FY 2027 guidance at 1.300-1.440 EPS. On average, analysts anticipate that Forgent Power Solutions will post 1.29 EPS for the current year.
Wall Street Analyst Weigh In
FPS has been the topic of a number of analyst reports. Wells Fargo & Company assumed coverage on shares of Forgent Power Solutions in a research note on Thursday, September 24th. They issued an “equal weight” rating and a $44.00 target price on the stock. Morgan Stanley set a $45.00 price target on shares of Forgent Power Solutions in a research note on Friday, October 16th. Clear Str raised Forgent Power Solutions to a “strong-buy” rating in a report on Monday, October 26th. Weiss Ratings lowered Forgent Power Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, October 2nd. Finally, TD Cowen increased their target price on Forgent Power Solutions from $73.00 to $76.00 and gave the stock a “buy” rating in a report on Wednesday, September 16th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $53.21.
View Our Latest Analysis on FPS
Forgent Power Solutions News Summary
These are some of the FPS news items that stood out recently:
- Positive Sentiment: Revenue reached $479 million, up 69% year over year, and the company reported EPS of $0.24. Forgent said results exceeded the high end of its guidance, citing strong commercial and operational execution. Forgent fiscal first-quarter results
- Positive Sentiment: Forgent raised its fiscal 2027 outlook to EPS of $1.30–$1.44 and revenue of $2.5–$2.7 billion. The EPS range midpoint of $1.37 is above the $1.34 consensus estimate, while the revenue range midpoint exceeds the $2.5 billion consensus. Forgent fiscal first-quarter results
- Negative Sentiment: JPMorgan lowered its price target from $49 to $35, although it maintained an Overweight rating. The target reduction may temper enthusiasm despite the favorable earnings and outlook. JPMorgan rating information
Forgent Power Solutions Company Profile
Forgent Power Solutions designs and manufactures electrical power distribution equipment for applications that require reliable, continuous power. Its products support the delivery and management of electricity within facilities, including data centers and other commercial and industrial environments. The company focuses on equipment used in critical power systems, where dependable distribution is essential to operations. Forgent serves customers primarily in North America, with products and services supporting facilities in other markets as well.
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