Powerus (NASDAQ:PUSA – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday, Wall Street Zen reports.
PUSA has been the topic of several other reports. Roth Capital began coverage on shares of Powerus in a report on Wednesday, August 26th. They issued a “buy” rating and a $7.50 price objective on the stock. Zacks Research raised Powerus to a “hold” rating in a report on Thursday, August 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Powerus in a research note on Monday, September 21st. Finally, Northland Securities began coverage on Powerus in a research report on Tuesday. They issued an “outperform” rating and a $5.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Powerus currently has an average rating of “Hold” and an average target price of $6.25.
View Our Latest Report on PUSA
Powerus Stock Up 6.3%
NASDAQ PUSA opened at $1.53 on Friday. The business has a 50-day moving average price of $2.85 and a 200-day moving average price of $3.70. Powerus has a twelve month low of $1.35 and a twelve month high of $6.57.
Powerus (NASDAQ:PUSA – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.00) earnings per share for the quarter. Powerus had a negative return on equity of 12.81% and a negative net margin of 154.20%. The company had revenue of $0.71 million for the quarter. Sell-side analysts forecast that Powerus will post -0.16 EPS for the current year.
Hedge Funds Weigh In On Powerus
A number of hedge funds and other institutional investors have recently modified their holdings of PUSA. PEAK6 LLC purchased a new stake in Powerus during the 2nd quarter valued at about $1,197,000. BlackRock Inc. purchased a new position in Powerus in the second quarter valued at about $394,000. Bank of America Corp DE acquired a new position in Powerus in the second quarter valued at $384,000. Finally, Thrive Wealth Management LLC acquired a new position in shares of Powerus during the second quarter worth $120,000.
Powerus News Summary
Here are the key news stories impacting Powerus this week:
- Positive Sentiment: Powerus reported $130 million in executed orders on November 5, a potentially meaningful demand signal. The announcement does not establish how quickly the orders will convert into recognized revenue. Powerus Reports $130 Million in Executed Orders
- Positive Sentiment: Northland Securities initiated coverage with an Outperform rating and a $5 price target, offering a bullish analyst view. Northland Securities Begins Coverage on Powerus
- Neutral Sentiment: Northland projects improving results: losses narrowing from an estimated $0.19 per share in FY2026 to $0.11 in FY2027 and $0.01 in FY2028, with a projected profit of $0.10 per share in FY2029. These are forecasts, not reported results. Powerus analyst estimates
Powerus Company Profile
We own and operate two public golf country clubs in Florida that each features a golf-club, consisting of over 289 acres of multi-service recreational property. Our golf country clubs include two golf-courses with over 13,000 yards of combined fairways, clubhouses boasting food and beverage options, aquatic golf ranges, and pro shops to assist any level of golfer. We believe our golf country clubs are a serene combination of approachable golf and nature that are designed to appeal to local residents and tourists alike.
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