Forgent Power Solutions (NYSE:FPS) Hits New 12-Month Low – Time to Sell?

Forgent Power Solutions, Inc. (NYSE:FPS) reached a new 52-week low on Thursday. The stock traded as low as $25.80 and last traded at $25.7880, with a volume of 2,695,099 shares trading hands. The stock had previously closed at $31.76.

More Forgent Power Solutions News

Here are the key news stories impacting Forgent Power Solutions this week:

• Positive Sentiment: Forgent said fiscal first-quarter 2027 revenue and adjusted EBITDA will exceed the high end of its previous guidance. The company will report results before the market opens on November 12, potentially providing a near-term catalyst if the results confirm the preliminary outlook. Forgent to Report Fiscal First Quarter 2027 Results; Revenues and Adjusted EBITDA Will Exceed High End of Guidance
• Neutral Sentiment: Amy Ard was appointed CFO effective October 21, succeeding Fiedler. Ard’s appointment provides an immediate replacement and may support continuity, although investors will likely scrutinize her experience and the transition process. Forgent Power Solutions Names Amy Ard as CFO
• Negative Sentiment: Fiedler’s departure triggered a sharp selloff, with the stock down 21.3% for the week and falling below its IPO price to a record low. The timing—under nine months after the IPO—has rattled confidence in leadership stability. Why Forgent Power Solutions Stock Sank This Week
• Negative Sentiment: Management said Fiedler’s exit was not caused by a disagreement, which may reduce concerns about an accounting or strategic dispute, but the explanation has not eliminated uncertainty. In addition, valuation remains a concern: FPS trades at a high earnings multiple while its shares are well below their recent highs, leaving investors focused on whether growth can justify the premium. Forgent Power Solutions Says Departure of CFO Fiedler Not Result of Any Disagreement

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Zacks Research upgraded Forgent Power Solutions from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th. Sanford C. Bernstein started coverage on shares of Forgent Power Solutions in a research report on Friday, October 2nd. They issued an “outperform” rating and a $48.00 price target on the stock. JPMorgan Chase & Co. decreased their price target on shares of Forgent Power Solutions from $56.00 to $49.00 and set an “overweight” rating on the stock in a research note on Friday, October 9th. KeyCorp reiterated an “overweight” rating on shares of Forgent Power Solutions in a research report on Wednesday, September 16th. Finally, Wolfe Research reiterated an “outperform” rating and set a $60.00 price objective on shares of Forgent Power Solutions in a research report on Thursday, July 9th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $54.21.

Forgent Power Solutions Stock Performance

The business has a 50-day moving average price of $34.18 and a 200-day moving average price of $40.74. 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 firm has a market capitalization of $7.39 billion and a price-to-earnings ratio of 62.22.

Forgent Power Solutions (NYSE:FPS) last issued its quarterly earnings results on Tuesday, September 15th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. The company had revenue of $461.67 million during the quarter. Forgent Power Solutions had a return on equity of 24.59% and a net margin of 5.76%. The firm’s quarterly revenue was up 94.3% on a year-over-year basis. Forgent Power Solutions has set its FY 2027 guidance at 1.260-1.400 EPS. As a group, sell-side analysts forecast that Forgent Power Solutions, Inc. will post 1.28 earnings per share for the current year.

Hedge Funds Weigh In On Forgent Power Solutions

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Forgent Power Solutions in the second quarter valued at about $30,000. City State Bank acquired a new position in Forgent Power Solutions in the third quarter valued at about $32,000. GAMMA Investing LLC lifted its position in Forgent Power Solutions by 918.5% in the third quarter. GAMMA Investing LLC now owns 937 shares of the company’s stock valued at $35,000 after buying an additional 845 shares during the last quarter. Triumph Capital Management purchased a new position in Forgent Power Solutions during the second quarter worth about $39,000. Finally, IFP Advisors Inc purchased a new position in Forgent Power Solutions during the second quarter worth about $48,000.

Forgent Power Solutions Company Profile

Forgent Power Solutions, Inc is a North American provider of equipment and services used in electrical power distribution. The company supports utilities, commercial and industrial customers, renewable-energy projects, data centers, and other infrastructure operators that require reliable systems for managing and distributing electricity.

Its offerings include power transformers, switchgear, substations, and related electrical distribution equipment. Forgent also provides engineering, field services, maintenance, repair, and other support intended to help customers install, operate, and extend the useful life of critical power infrastructure.

The company serves customers across the United States and Canada through its manufacturing, distribution, and service operations.