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

Forgent Power Solutions (NYSE:FPS) issued an update on 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 EPS 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.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Morgan Stanley set a $45.00 price target on Forgent Power Solutions in a report on Friday, October 16th. JPMorgan Chase & Co. reduced their price objective on Forgent Power Solutions from $49.00 to $35.00 and set an “overweight” rating for the company in a research report on Wednesday. Sanford C. Bernstein started coverage on shares of Forgent Power Solutions in a research note on Friday, October 2nd. They issued an “outperform” rating and a $48.00 price objective on the stock. Roth Capital assumed coverage on shares of Forgent Power Solutions in a research report on Friday, November 6th. They set a “buy” rating on the stock. Finally, Wells Fargo & Company started coverage on shares of Forgent Power Solutions in a research note on Thursday, September 24th. They set an “equal weight” rating and a $44.00 target price for the company. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $53.21.

Forgent Power Solutions Stock Up 14.6%

FPS stock opened at $24.61 on Thursday. Forgent Power Solutions has a twelve month low of $17.67 and a twelve month high of $66.00. The company has a quick ratio of 1.07, a current ratio of 1.54 and a debt-to-equity ratio of 0.86. The company has a market cap of $7.49 billion and a PE ratio of 63.11. The business’s 50-day simple moving average is $31.98 and its 200 day simple moving average is $38.10.

Forgent Power Solutions (NYSE:FPS) last posted its quarterly earnings results on Thursday, November 12th. The company reported $0.24 EPS for the quarter. Forgent Power Solutions had a return on equity of 24.59% and a net margin of 5.76%. The firm had revenue of $478.57 million during the quarter. Forgent Power Solutions has set its FY 2027 guidance at 1.300-1.440 EPS. On average, research analysts anticipate that Forgent Power Solutions will post 1.29 earnings per share for the current year.

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.