Power Solutions International (OTCMKTS:PSIX) Given New $37.00 Price Target at Craig Hallum

Power Solutions International (OTCMKTS:PSIX - Free Report) had its price objective boosted by Craig Hallum from $22.00 to $37.00 in a research note issued to investors on Monday,Benzinga reports. They currently have a buy rating on the stock.

Power Solutions International Price Performance

OTCMKTS PSIX traded up $5.35 on Monday, hitting $33.35. 557,583 shares of the stock were exchanged, compared to its average volume of 87,407. The company has a market capitalization of $766.72 million, a PE ratio of 14.13 and a beta of 0.92. The business's fifty day moving average is $21.04 and its 200 day moving average is $13.04. Power Solutions International has a 52 week low of $1.70 and a 52 week high of $35.65.

Power Solutions International (OTCMKTS:PSIX - Get Free Report) last announced its quarterly earnings results on Monday, August 12th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.36. The business had revenue of $110.59 million during the quarter. Power Solutions International had a return on equity of 604.86% and a net margin of 12.46%.

Power Solutions International Company Profile

Power Solutions International, Inc designs, engineers, manufactures, markets, and sells engines and power systems in the United States, North America, the Pacific Rim, Europe, and internationally. The company offers engine blocks integrated with fuel system parts, as well as completely packaged power systems, that include combinations of front accessory drives, cooling systems, electronic systems, air intake systems, fuel systems, housings, power takeoff systems, exhaust systems, hydraulic systems, enclosures, brackets, hoses, tubes, packaging, telematics, and other assembled componentry.