NASDAQ:FLUX

Flux Power (FLUX) Stock Forecast, Price & News

$3.18

-0.12 (-3.64%)

(As of 10/3/2023 ET)

Compare

Today's Range: $3.08
▼
$3.30
50-Day Range: $3.18
▼
$5.63
52-Week Range: $2.70
▼
$7.50

Volume: 34,962 shs
Average Volume: 55,624 shs
Market Capitalization: $52.92 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.00

Flux Power MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 245.9% Upside
$11.00 Price Target
Short Interest: Healthy
2.45% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.65
Based on 3 Articles This Week
Insider Trading: Selling Shares
$153,015 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.17) to $0.44 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars

Computer And Technology Sector

288th out of 595 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

6th out of 28 stocks

3.5

Analyst's Opinion

Consensus Rating
Flux Power has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.00, Flux Power has a forecasted upside of 245.9% from its current price of $3.18.
Amount of Analyst Coverage
Flux Power has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.45% of the float of Flux Power has been sold short.
Short Interest Ratio / Days to Cover
Flux Power has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in Flux Power has recently decreased by 0.62%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Flux Power does not currently pay a dividend.
Dividend Growth
Flux Power does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FLUX.

2.0

News and Social Media Coverage

News Sentiment
Flux Power has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Flux Power this week, compared to 4 articles on an average week.
Search Interest
9 people have searched for FLUX on MarketBeat in the last 30 days. This is an increase of 800% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Flux Power to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Flux Power insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $153,015.00 in company stock.
Percentage Held by Insiders
29.20% of the stock of Flux Power is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 30.56% of the stock of Flux Power is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Flux Power are expected to grow in the coming year, from ($0.17) to $0.44 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Flux Power is -7.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Flux Power is -7.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Flux Power has a P/B Ratio of 5.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Flux Power (NASDAQ:FLUX) Stock

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. The company also provides 24-volt onboard chargers for its Class 3 Walkie pallet packs; and smart wall mounted chargers to interface with its BMS. The company sells its products directly to small companies and end-users, as well as through original equipment manufacturers, lift equipment dealers, and battery distributors. Flux Power Holdings, Inc. is headquartered in Vista, California.

FLUX Price History

30 days | 90 days | 365 days | Advanced Chart

FLUX Stock News Headlines

September 27, 2023 | finance.yahoo.com

Flux Power Holdings, Inc. (NASDAQ:FLUX) Q4 2023 Earnings Call Transcript

September 26, 2023 | americanbankingnews.com

Flux Power Holdings, Inc. (NASDAQ:FLUX) Director Lisa Walters-Hoffert Sells 6,761 Shares of Stock

October 4, 2023 | Wall Street Fundamentals (Ad)

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Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.

September 25, 2023 | proactiveinvestors.com

Flux Power CEO Ron Dutt Discusses Explosive Growth and AI Integration in Exclusive Interview

September 24, 2023 | proactiveinvestors.com

The Premarket: Microsoft, Activision Blizzard, Scholastic Corp, Flux Power

September 23, 2023 | markets.businessinsider.com

Maxim Group Sticks to Its Buy Rating for Flux Power Holdings (FLUX)

September 22, 2023 | markets.businessinsider.com

Flux Power Holdings’ Promising Financial Recovery: A Buy Rating Backed by Strong FY2023 Results and Growth Potential

September 21, 2023 | proactiveinvestors.com

Flux Power Holdings FY23 financial results fall short; stock sinks

October 4, 2023 | Wall Street Fundamentals (Ad)

Would Buffett Approve of This Growth Strategy?

September 21, 2023 | finance.yahoo.com

Flux Power Reports Fiscal Full Year 2023 Financial Results

September 21, 2023 | msn.com

Flux in China’s top ranks could be a moment of acute geopolitical risk

September 19, 2023 | finance.yahoo.com

Flux Power to Showcase the Latest Lithium-Ion Solutions for Electrifying Airport Ground Support Equipment

September 10, 2023 | msn.com

Harnessing power of media: African nations redefining marketing for economic growth

September 10, 2023 | msn.com

NFL power rankings: Which teams are looking good entering Week 1?

September 7, 2023 | msn.com

MLB Power Rankings Week 23: Which NLWC team has the edge?

September 6, 2023 | benzinga.com

The Future of E-Motors Is Axial: How Beyond Motor's Axial Flux Tech Saves Up to 4x on Production Material and Still Delivers Highest Power Density

September 6, 2023 | news.yahoo.com

Why Axial Flux Motors Are the Key to Small, Fun EVs

September 6, 2023 | finance.yahoo.com

Flux Power to Host Fourth Quarter and Full Fiscal Year 2023 Results Conference Call on Thursday, September 21, 2023 at 4:30 p.m. Eastern Time

August 31, 2023 | finance.yahoo.com

Florida's insurance industry is in flux as Idalia cleanup begins

August 31, 2023 | msn.com

College Football Playoff Future in Flux

August 30, 2023 | finance.yahoo.com

Flux Power to Participate at H.C. Wainwright 25th Annual Global Investment Conference and Lake Street Best Ideas Growth (BIG7) Conference in September

August 23, 2023 | finance.yahoo.com

Turntide Technologies Showcases Axial Flux Motor Technology At IVT Off-Highway Vehicle Technology Conference & Expo

August 22, 2023 | msn.com

Former PM Thaksin Shinawatra returns to a politically divided Thailand after 15 years of self-exile

August 21, 2023 | bizjournals.com

San Jose's Topgolf could have a data center for a neighbor instead of a hotel. Here's why.

August 21, 2023 | msn.com

'Back To The Future': Build Your Own Time Machine With This Flux Capacitor

August 21, 2023 | ca.news.yahoo.com

Crews working to restore power after west end apartment building fire

August 17, 2023 | finance.yahoo.com

Flux Power Holdings (NASDAQ:FLUX) shareholders have endured a 81% loss from investing in the stock five years ago

See More Headlines

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FLUX Company Calendar

Last Earnings: 9/21/2023
Today: 10/04/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:FLUX
CUSIP: N/A
CIK: 1083743
Web: www.fluxpower.com
Phone: (877) 505-3589
Fax: N/A
Employees: 121
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $11.00
High Stock Price Forecast: $15.00
Low Stock Price Forecast: $9.00
Forecasted Upside/Downside: +245.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.41)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-6,740,000.00
Net Margins: -10.16%
Pretax Margin: -10.16%
Return on Equity: -64.57%
Return on Assets: -18.64%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 1.30
Quick Ratio: 0.50

Sales & Book Value

Annual Sales: $66.34 million
Price / Sales: 0.80
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.59 per share
Price / Book: 5.39

Miscellaneous

Outstanding Shares: 16,640,000
Free Float: 11,783,000
Market Cap: $52.92 million
Optionable: Not Optionable
Beta: 1.22

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Key Executives

Mr. Ronald F. Dutt (Age 76)
Exec. Chairman, CEO & Pres
Comp: $330.06k

Mr. Charles A. Scheiwe (Age 56)
CFO & Corp. Sec.
Comp: $233.96k

Mr. Jeffrey Curtis Mason (Age 52)
VP of Operations

Mr. Paulus Geantil
Chief Technology Officer

Mr. Tod N. Kilgore (Age 65)
VP of Sales

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FLUX Stock - Frequently Asked Questions

Should I buy or sell Flux Power stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Flux Power in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FLUX shares.
View FLUX analyst ratings or view top-rated stocks.
What is Flux Power's stock price forecast for 2023?: 3 Wall Street analysts have issued 12-month price targets for Flux Power's stock. Their FLUX share price forecasts range from $9.00 to $15.00. On average, they anticipate the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 245.9% from the stock's current price.
View analysts price targets for FLUX or view top-rated stocks among Wall Street analysts.
How have FLUX shares performed in 2023?: Flux Power's stock was trading at $3.97 at the beginning of 2023. Since then, FLUX shares have decreased by 19.9% and is now trading at $3.18.
View the best growth stocks for 2023 here.
When is Flux Power's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our FLUX earnings forecast.
How were Flux Power's earnings last quarter?: Flux Power Holdings, Inc. (NASDAQ:FLUX) announced its earnings results on Thursday, September, 21st. The company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.10) by $0.01. The business had revenue of $16.25 million for the quarter. Flux Power had a negative net margin of 10.16% and a negative trailing twelve-month return on equity of 64.57%. During the same quarter in the previous year, the business posted ($0.17) EPS.
What ETF holds Flux Power's stock ?: Formidable ETF holds 380,477 shares of FLUX stock, representing 6.51% of its portfolio.

What other stocks do shareholders of Flux Power own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Flux Power investors own include Genprex (GNPX), Gilead Sciences (GILD), DiamondPeak (DPHC), DocuSign (DOCU), 3D Systems (DDD), CleanSpark (CLSK), Churchill Capital Corp III (CCXX), Beam Global (BEEM), Avinger (AVGR) and Arbor Realty Trust (ABR).
What is Flux Power's stock symbol?: Flux Power trades on the NASDAQ under the ticker symbol "FLUX."
How do I buy shares of Flux Power?: Shares of FLUX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Flux Power's stock price today?: One share of FLUX stock can currently be purchased for approximately $3.18.
How much money does Flux Power make?: Flux Power (NASDAQ:FLUX) has a market capitalization of $52.92 million and generates $66.34 million in revenue each year. The company earns $-6,740,000.00 in net income (profit) each year or ($0.41) on an earnings per share basis.
How many employees does Flux Power have?: The company employs 121 workers across the globe.
How can I contact Flux Power?: Flux Power's mailing address is 2685 S. MELROSE DRIVE, VISTA CA, 92081. The official website for the company is www.fluxpower.com. The company can be reached via phone at (877) 505-3589 or via email at 0.

This page (NASDAQ:FLUX) was last updated on 10/4/2023 by MarketBeat.com Staff

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