Power Solutions International, Inc. (NASDAQ:PSIX – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $62.45, but opened at $41.10. Power Solutions International shares last traded at $39.5930, with a volume of 1,784,779 shares.
Trending Headlines about Power Solutions International
Here are the key news stories impacting Power Solutions International this week:
- Positive Sentiment: There were no clear positive company-specific catalysts in the latest headlines to offset the legal overhang.
- Neutral Sentiment: Several law firms, including Rosen, Faruqi & Faruqi, Bernstein Liebhard, Berger Montague, the Schall Law Firm, and others, issued reminders about the May 19, 2026 lead plaintiff deadline in the ongoing PSIX securities fraud class action. These notices may keep the stock in focus, but they are mainly procedural updates rather than new case developments.
- Neutral Sentiment: Investors were also pointed to a competitor comparison article in the electrical equipment industry, which appears informational and unlikely to move the stock on its own.
- Negative Sentiment: Freedom Broker reportedly downgraded Power Solutions International, adding another negative signal for sentiment.
- Negative Sentiment: Seeking Alpha reported that CEO Xykis resigned and Li was named interim CEO, which can raise concerns about leadership stability during an already sensitive period for the company.
- Negative Sentiment: The repeated allegations tied to the securities lawsuit and investor-loss outreach continue to highlight alleged disclosure issues and create an ongoing legal and reputational overhang for PSIX.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. Jefferies Financial Group decreased their price objective on Power Solutions International from $110.51 to $92.90 and set a “buy” rating for the company in a research note on Tuesday, March 24th. Loop Capital set a $107.00 target price on Power Solutions International in a research note on Wednesday, March 4th. Weiss Ratings upgraded Power Solutions International from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen lowered Power Solutions International from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $99.95.
Power Solutions International Trading Down 8.4%
The company has a market capitalization of $951.97 million, a P/E ratio of 9.30 and a beta of 2.21. The business has a fifty day moving average price of $65.41 and a 200 day moving average price of $69.38. The company has a quick ratio of 1.77, a current ratio of 3.42 and a debt-to-equity ratio of 0.55.
Institutional Trading of Power Solutions International
A number of institutional investors have recently modified their holdings of the company. Truvestments Capital LLC lifted its holdings in shares of Power Solutions International by 3.9% in the fourth quarter. Truvestments Capital LLC now owns 3,039 shares of the company’s stock valued at $174,000 after purchasing an additional 114 shares in the last quarter. Creative Planning lifted its holdings in shares of Power Solutions International by 1.8% in the third quarter. Creative Planning now owns 10,819 shares of the company’s stock valued at $1,063,000 after purchasing an additional 196 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Power Solutions International by 1.7% in the fourth quarter. Russell Investments Group Ltd. now owns 15,025 shares of the company’s stock valued at $859,000 after purchasing an additional 249 shares in the last quarter. Sequent Planning LLC lifted its holdings in shares of Power Solutions International by 4.2% in the first quarter. Sequent Planning LLC now owns 6,423 shares of the company’s stock valued at $391,000 after purchasing an additional 260 shares in the last quarter. Finally, Federated Hermes Inc. bought a new stake in shares of Power Solutions International in the third quarter valued at about $26,000. 22.28% of the stock is currently owned by institutional investors.
Power Solutions International Company Profile
Power Solutions International, Inc is a global designer and manufacturer of integrated powertrain solutions for commercial vehicle, industrial and military applications. Headquartered in Wood Dale, Illinois, the company develops and assembles advanced diesel engine and transmission packages under the Atlas® brand, combining proprietary engine technology with high-efficiency transmissions to deliver power-dense systems. These solutions are tailored for medium- and heavy-duty trucks, buses, construction equipment, generator sets and specialty vehicles.
In addition to complete powertrain systems, the company offers a broad range of component products including diesel engines, transmissions and aftertreatment modules.
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