Flux Power (FLUX) Stock Price, News & Analysis

Company Overview

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. It sells its products directly to small companies and end-users, as well as through original equipment manufacturers, lift equipment dealers, and battery distributors. The company is headquartered in Vista, California.

Key Stats

• Today's Range: $2.27 to $2.52
• 50-Day Range: $2.38 to $3.28
• 52-Week Range: $2.27 to $5.86
• Volume: 101,919 shs
• Average Volume: 55,616 shs
• Market Capitalization: $39.70 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.50
• Consensus Rating: Buy

Flux Power Stock Analysis - MarketRank™

Flux Power scored higher than 64% of companies evaluated by MarketBeat, and ranked 340th out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Flux Power has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Flux Power has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Flux Power are expected to grow in the coming year, from ($0.22) to $0.41 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Flux Power is -5.53, 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 -5.53, 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 4.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.95% 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 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Flux Power has recently decreased by 33.28%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Flux Power does not currently pay a dividend.

Dividend Growth

Flux Power does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.95% 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 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Flux Power has recently decreased by 33.28%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.13

News Sentiment

Flux Power has a news sentiment score of 0.13. 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 is a lower news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for Flux Power this week, compared to 8 articles on an average week.

Search Interest

Only 2 people have searched for FLUX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Flux Power insiders have not sold or bought any company stock.

Percentage Held by Insiders

28.70% 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 37.96% of the stock of Flux Power is held by institutions.

FLUX Stock Analysis - Frequently Asked Questions

How have FLUX shares performed this year?

Flux Power's stock was trading at $4.11 on January 1st, 2024. Since then, FLUX shares have decreased by 42.1% and is now trading at $2.38.
View the best growth stocks for 2024 here.

How were Flux Power's earnings last quarter?

Flux Power Holdings, Inc. (NASDAQ:FLUX) issued its earnings results on Thursday, May, 9th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.11) by $0.05. The firm earned $14.46 million during the quarter, compared to analyst estimates of $16.02 million. Flux Power had a negative net margin of 11.03% and a negative trailing twelve-month return on equity of 93.71%.

Who are Flux Power's major shareholders?

Flux Power's top institutional shareholders include Park Edge Advisors LLC (0.47%). Insiders that own company stock include Michael Johnson, Ronald F Dutt, Lisa Walters-Hoffert, Charles Scheiwe, Cheemin Bo-Linn, Jeffrey Curtis Mason and Jonathan Andrew Berry.
View institutional ownership trends.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Flux Power own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Flux Power investors own include Equinor ASA (EQNR), NIO (NIO), Plug Power (PLUG), Tesla (TSLA), FuelCell Energy (FCEL), Palantir Technologies (PLTR) and Riot Platforms (RIOT).

Company Calendar

• Last Earnings: 5/09/2024
• Today: 11/15/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Miscellaneous electrical machinery, equipment, & supplies
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:FLUX
• CUSIP: N/A
• CIK: 1083743
• Web: www.fluxpower.com
• Phone: (877) 505-3589
• Fax: N/A
• Employees: 120
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.50
• High Stock Price Target: $15.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +299.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.43)
• 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: -11.03%
• Pretax Margin: -11.03%
• Return on Equity: -93.71%
• Return on Assets: -19.15%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 1.10
• Quick Ratio: 0.42

Sales & Book Value

• Annual Sales: $66.34 million
• Price / Sales: 0.60
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.59 per share
• Price / Book: 4.03

Miscellaneous

• Outstanding Shares: 16,680,000
• Free Float: 11,894,000
• Market Cap: $39.70 million
• Optionable: Optionable
• Beta: 1.18