Flux Power (FLUX) Projected to Post Quarterly Earnings on Thursday

Flux Power (NASDAQ:FLUX) is expected to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Flux Power to post earnings of ($0.03) per share and revenue of $14.03 million for the quarter.

Flux Power (NASDAQ:FLUX) last released its earnings results on Wednesday, January 29th. The company reported ($0.17) EPS for the quarter. Flux Power had a negative return on equity of 160.99% and a negative net margin of 13.70%. On average, analysts expect Flux Power to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Flux Power Price Performance

Shares of FLUX opened at $1.78 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.92 and a quick ratio of 0.37. The company’s fifty day moving average price is $1.74 and its 200-day moving average price is $2.58. The firm has a market capitalization of $29.69 million, a PE ratio of -3.49 and a beta of 1.12. Flux Power has a 1-year low of $1.55 and a 1-year high of $5.86.

Analysts Set New Price Targets

Separately, Maxim Group dropped their price objective on shares of Flux Power from $6.00 to $4.00 and set a “buy” rating on the stock in a research note on Monday. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $9.00.

About Flux Power

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.