Craig Hallum Raises Power Solutions International (OTCMKTS:PSIX) Price Target to $37.00

Power Solutions International (OTCMKTS:PSIX) had its price target boosted by Craig Hallum from $22.00 to $37.00 in a research report report published on Monday morning,Benzinga reports. They currently have a buy rating on the stock.

Power Solutions International Price Performance

Shares of OTCMKTS:PSIX opened at $33.35 on Monday. The company has a market capitalization of $766.72 million, a price-to-earnings ratio of 14.13 and a beta of 0.92. The firm’s 50 day simple moving average is $21.32 and its 200 day simple moving average is $13.26. Power Solutions International has a fifty-two week low of $1.70 and a fifty-two week high of $35.65.

Power Solutions International (OTCMKTS:PSIX) last posted its earnings results on Monday, August 12th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.36. Power Solutions International had a return on equity of 604.86% and a net margin of 12.46%. The business had revenue of $110.59 million during the quarter.

About Power Solutions International

Power Solutions International, Inc designs, engineers, manufactures, markets, and sells engines and power systems in the United States, North America, the Pacific Rim, Europe, and internationally. The company offers engine blocks integrated with fuel system parts, as well as completely packaged power systems, that include combinations of front accessory drives, cooling systems, electronic systems, air intake systems, fuel systems, housings, power takeoff systems, exhaust systems, hydraulic systems, enclosures, brackets, hoses, tubes, packaging, telematics, and other assembled componentry.