Forgent Power Solutions (NYSE:FPS) Releases FY 2027 Earnings Guidance

Key Points

• Forgent Power Solutions issued FY 2027 guidance above analyst expectations, projecting EPS of $1.26–$1.40 versus a $1.14 consensus and revenue of $2.4–$2.6 billion versus $2.1 billion expected.
• The company’s latest quarter showed strong growth, with EPS of $0.25 beating estimates by $0.01 and revenue rising 94.3% year over year to $461.67 million.
• Shares rose 7.0%, while analysts maintained a generally positive outlook: FPS has a “Moderate Buy” consensus rating and an average price target of $56.75.

Forgent Power Solutions (NYSE:FPS - Get Free Report) issued an update on its FY 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.260-1.400 for the period, compared to the consensus EPS estimate of 1.140. The company issued revenue guidance of $2.4 billion-$2.6 billion, compared to the consensus revenue estimate of $2.1 billion.

Forgent Power Solutions Trading Up 7.0%

Shares of NYSE FPS opened at $30.64 on Tuesday. The stock has a fifty day simple moving average of $35.89 and a 200-day simple moving average of $40.21. Forgent Power Solutions has a twelve month low of $25.95 and a twelve month high of $66.00. The company has a current ratio of 1.64, a quick ratio of 1.16 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $9.33 billion and a PE ratio of 199.31.

Forgent Power Solutions (NYSE:FPS - Get Free Report) last released its earnings results on Tuesday, September 15th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. The company had revenue of $461.67 million during the quarter. Forgent Power Solutions had a return on equity of 12.14% and a net margin of 2.17%.The firm's quarterly revenue was up 94.3% on a year-over-year basis. Forgent Power Solutions has set its FY 2027 guidance at 1.260-1.400 EPS. On average, equities analysts forecast that Forgent Power Solutions will post 0.62 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have commented on FPS. Weiss Ratings downgraded shares of Forgent Power Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, July 28th. Robert W. Baird began coverage on Forgent Power Solutions in a research note on Wednesday, July 15th. They set an "outperform" rating and a $55.00 target price for the company. Jefferies Financial Group upped their price target on Forgent Power Solutions from $44.00 to $56.00 and gave the stock a "buy" rating in a report on Friday, May 29th. Wolfe Research reaffirmed an "outperform" rating and issued a $60.00 price target on shares of Forgent Power Solutions in a research report on Thursday, July 9th. Finally, TD Cowen boosted their price objective on Forgent Power Solutions from $63.00 to $73.00 and gave the stock a "buy" rating in a research report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $56.75.

About Forgent Power Solutions

Forgent Power Solutions, Inc develops and manufactures products used in electric power transmission and distribution infrastructure. Its offerings support the generation, transmission, distribution and management of electrical power for utility and industrial applications.

The company's product portfolio includes equipment and components used in overhead and underground power networks, including electrical connectors, fittings, line hardware and other engineered solutions designed to support the reliability and efficiency of power-delivery systems.

Forgent Power Solutions serves electric utilities, distributors and industrial customers, primarily through markets connected to North American power infrastructure.

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