Forgent Power Solutions, Inc. (FPS) - What Are Brokerages Saying About This Stock?

Key Points

• Analysts hold a “Moderate Buy” consensus: 12 of 18 brokerages rate FPS a buy and three a strong buy, while the average 12-month price target is $54.21.
• Recent research is mixed: Weiss downgraded the stock to sell, JPMorgan cut its target to $49 while maintaining overweight, and Wells Fargo initiated coverage at equal weight with a $44 target.
• Forgent reported quarterly EPS of $0.25, beating estimates by $0.01, while revenue rose 94.3% year over year to $461.67 million. The company’s FY 2027 EPS guidance is $1.26–$1.40.

Forgent Power Solutions, Inc. (NYSE:FPS - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eighteen brokerages that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have assigned a buy rating and three have issued a strong buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $54.21.

FPS has been the subject of a number of recent research reports. Weiss Ratings lowered Forgent Power Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, October 2nd. Morgan Stanley set a $45.00 target price on shares of Forgent Power Solutions in a report on Friday, October 16th. JPMorgan Chase & Co. decreased their target price on Forgent Power Solutions from $56.00 to $49.00 and set an "overweight" rating for the company in a research report on Friday, October 9th. Wells Fargo & Company initiated coverage on shares of Forgent Power Solutions in a report on Thursday, September 24th. They set an "equal weight" rating and a $44.00 target price for the company. Finally, Sanford C. Bernstein began coverage on shares of Forgent Power Solutions in a research report on Friday, October 2nd. They set an "outperform" rating and a $48.00 price target on the stock.

Forgent Power Solutions Stock Up 6.5%

FPS opened at $19.39 on Friday. The stock has a market cap of $5.90 billion and a P/E ratio of 49.71. 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 stock's 50 day moving average price is $32.41 and its 200 day moving average price is $38.35. Forgent Power Solutions has a 12 month low of $17.67 and a 12 month high of $66.00.

Forgent Power Solutions (NYSE:FPS - Get Free Report) last issued its quarterly earnings data on Tuesday, September 15th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.01. The firm had revenue of $461.67 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 quarterly revenue was up 94.3% compared to the same quarter last year. Forgent Power Solutions has set its FY 2027 guidance at 1.260-1.400 EPS. As a group, research analysts predict that Forgent Power Solutions will post 1.28 earnings per share for the current year.

Institutional Trading of Forgent Power Solutions

Several institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. bought a new stake in Forgent Power Solutions in the second quarter valued at approximately $30,000. Triumph Capital Management acquired a new stake in shares of Forgent Power Solutions in the 2nd quarter worth approximately $39,000. City State Bank acquired a new stake in Forgent Power Solutions in the third quarter valued at approximately $32,000. IFP Advisors Inc bought a new position in Forgent Power Solutions during the 2nd quarter valued at $48,000. Finally, GAMMA Investing LLC grew its position in shares of Forgent Power Solutions by 918.5% in the third quarter. GAMMA Investing LLC now owns 937 shares of the company's stock valued at $35,000 after purchasing an additional 845 shares during the last quarter.

About Forgent Power Solutions

Forgent Power Solutions, Inc is a North American provider of equipment and services used in electrical power distribution. The company supports utilities, commercial and industrial customers, renewable-energy projects, data centers, and other infrastructure operators that require reliable systems for managing and distributing electricity.

Its offerings include power transformers, switchgear, substations, and related electrical distribution equipment. Forgent also provides engineering, field services, maintenance, repair, and other support intended to help customers install, operate, and extend the useful life of critical power infrastructure.

The company serves customers across the United States and Canada through its manufacturing, distribution, and service operations.

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