Flux Power Holdings inc (FLUX) stock price forecast predicts $10 value

A share price of Flux Power Holdings inc [FLUX] is currently trading at $1.72, down -13.57%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FLUX shares have gain 8.86% over the last week, with a monthly amount drifted -2.27%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Flux Power Holdings inc [NASDAQ: FLUX] stock has seen the most recent analyst activity on March 06, 2024, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $10. Previously, Maxim Group started tracking the stock with Buy rating on February 04, 2021, and set its price target to $30. On October 12, 2020, ROTH Capital initiated with a Buy rating and assigned a price target of $13 on the stock.

Flux Power Holdings inc experienced fluctuations in its stock price throughout the past year between $1.55 and $5.86. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Flux Power Holdings inc [NASDAQ: FLUX] shares were valued at $1.72 at the most recent close of the market. An investor can expect a potential return of 481.4% based on the average FLUX price forecast.

Analyzing the FLUX fundamentals

Trailing Twelve Months sales for Flux Power Holdings inc [NASDAQ:FLUX] were 63.85M which represents -4.18% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.81 and Total Capital is -0.6. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.52.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.6333 points at the first support level, and at 1.5467 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8933, and for the 2nd resistance point, it is at 2.0667.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Flux Power Holdings inc [NASDAQ:FLUX] is 1.10. Also, the Quick Ratio is 0.42, while the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 5.27.

Transactions by insiders

Recent insider trading involved Johnson Michael, Director, that happened on Jun 12 ’24 when 0.13 million shares were sold. Director, Johnson Michael completed a deal on May 17 ’24 to sell 16453.0 shares. Meanwhile, Director Walters-Hoffert Lisa sold 534.0 shares on Apr 29 ’24.

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