FY2025 EPS Estimates for Flux Power Reduced by HC Wainwright

Flux Power Holdings, Inc. (NASDAQ:FLUX) – Analysts at HC Wainwright lowered their FY2025 earnings per share (EPS) estimates for shares of Flux Power in a note issued to investors on Monday, May 12th. HC Wainwright analyst A. Dayal now anticipates that the company will earn ($0.38) per share for the year, down from their previous estimate of ($0.37). HC Wainwright has a “Buy” rating and a $8.00 price target on the stock. The consensus estimate for Flux Power’s current full-year earnings is ($0.16) per share.

Separately, Maxim Group reduced their price objective on Flux Power from $6.00 to $4.00 and set a “buy” rating on the stock in a research report on Monday, February 3rd.

Flux Power Trading Down 2.0%

Shares of Flux Power stock opened at $1.99 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.92 and a quick ratio of 0.37. The stock’s 50 day simple moving average is $1.65 and its 200-day simple moving average is $1.78. The stock has a market cap of $33.37 million, a P/E ratio of -3.90 and a beta of 1.52. Flux Power has a 1-year low of $1.15 and a 1-year high of $4.75.

Flux Power (NASDAQ:FLUX) last released its earnings results on Thursday, May 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.03). The business had revenue of $16.74 million for the quarter, compared to analysts’ expectations of $16.50 million. Flux Power had a negative return on equity of 160.99% and a negative net margin of 13.70%.

Institutional Investors Weigh In On Flux Power

A number of hedge funds have recently modified their holdings of the company. XTX Topco Ltd boosted its holdings in Flux Power by 65.7% in the 1st quarter. XTX Topco Ltd now owns 16,929 shares of the company’s stock valued at $29,000 after purchasing an additional 6,710 shares during the last quarter. Formidable Asset Management LLC increased its holdings in shares of Flux Power by 14.9% during the 1st quarter. Formidable Asset Management LLC now owns 3,004,114 shares of the company’s stock worth $5,167,000 after buying an additional 388,889 shares during the last quarter. Park Edge Advisors LLC raised its position in shares of Flux Power by 7.3% during the 1st quarter. Park Edge Advisors LLC now owns 110,765 shares of the company’s stock valued at $191,000 after buying an additional 7,573 shares during the period. Tidal Investments LLC lifted its holdings in Flux Power by 8.0% in the fourth quarter. Tidal Investments LLC now owns 481,916 shares of the company’s stock valued at $761,000 after acquiring an additional 35,826 shares during the last quarter. Finally, Millennium Management LLC purchased a new position in Flux Power in the fourth quarter worth approximately $27,000. Hedge funds and other institutional investors own 37.96% of the company’s stock.

About Flux Power

Flux Power Holdings, Inc, through its subsidiary Flux Power, Inc, designs, develops, manufactures, and sells lithium-ion energy storage solutions for lift trucks, airport ground support equipment, and other industrial and commercial applications in the North America. It offers battery management system (BMS) that provides cell balancing, charging, discharging, monitoring, and communication between the pack and the forklift.