Profire Energy (PFIE) Stock Price, News & Analysis

Company Overview

Profire Energy, Inc., a technology company, engages in the engineering and design of burner, and combustion management systems and solutions for natural and forced draft applications in the United States and Canada. It primarily focuses on the upstream, midstream, and downstream transmission segments of the oil and gas industry. The company also sells and installs its systems in South America, Europe, Africa, the Middle East, and Asia. Profire Energy, Inc. was incorporated in 2002 and is headquartered in Lindon, Utah.

Key Stats

• Today's Range: $2.52 to $2.55
• 50-Day Range: $1.56 to $2.52
• 52-Week Range: $1.33 to $2.55
• Volume: 514,434 shs
• Average Volume: 347,168 shs
• Market Capitalization: $117.35 million
• P/E Ratio: 14.11
• Dividend Yield: N/A
• Price Target: $2.55
• Consensus Rating: Hold

Profire Energy Stock Analysis - MarketRank™

Profire Energy scored higher than 35% of companies evaluated by MarketBeat, and ranked 207th out of 268 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Profire Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Profire Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Profire Energy is 14.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of Profire Energy is 14.11, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.42.

Price to Book Value per Share Ratio

Profire Energy has a P/B Ratio of 2.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.37% of the float of Profire Energy has been sold short.

Short Interest Ratio / Days to Cover

Profire Energy has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Profire Energy has recently decreased by 14.66%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Profire Energy does not currently pay a dividend.

Dividend Growth

Profire Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.37% of the float of Profire Energy has been sold short.

Short Interest Ratio / Days to Cover

Profire Energy has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Profire Energy has recently decreased by 14.66%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.61

News Sentiment

Profire Energy has a news sentiment score of 1.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Profire Energy this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Profire Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

25.40% of the stock of Profire Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 38.51% of the stock of Profire Energy is held by institutions.

PFIE Stock Analysis - Frequently Asked Questions

How have PFIE shares performed this year?

Profire Energy's stock was trading at $1.81 at the start of the year. Since then, PFIE stock has increased by 40.3% and is now trading at $2.54.
View the best growth stocks for 2024 here.

How were Profire Energy's earnings last quarter?

Profire Energy, Inc. (NASDAQ:PFIE) announced its earnings results on Wednesday, August, 7th. The oil and gas company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. The oil and gas company earned $15.16 million during the quarter. Profire Energy had a net margin of 14.86% and a trailing twelve-month return on equity of 15.12%.

Who are Profire Energy's major shareholders?

Top institutional shareholders of Profire Energy include Royce & Associates LP (4.34%), Perkins Capital Management Inc. (1.92%), GSA Capital Partners LLP (0.34%) and Jane Street Group LLC (0.11%).
View institutional ownership trends.

How do I buy shares of Profire Energy?

Shares of PFIE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Profire Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Profire Energy investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), e.l.f. Beauty (ELF), Jabil (JBL), Disc Medicine (IRON) and Novo Nordisk A/S (NVO).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 12/03/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/12/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Oil & gas field machinery
• Sub-Industry: Machinery
• Current Symbol: NASDAQ:PFIE
• CUSIP: N/A
• CIK: 1289636
• Web: www.profireenergy.com
• Phone: (801) 796-5127
• Fax: 801-785-5455
• Employees: 100
• Year Founded: 2002

Price Target and Rating

• Average Stock Price Target: $2.55
• High Stock Price Target: $2.55
• Low Stock Price Target: $2.55
• Potential Upside/Downside: +0.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.18
• Trailing P/E Ratio: 14.11
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $10.78 million
• Net Margins: 14.86%
• Pretax Margin: 17.27%
• Return on Equity: 15.12%
• Return on Assets: 13.36%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.24
• Quick Ratio: 3.98

Sales & Book Value

• Annual Sales: $58.21 million
• Price / Sales: 2.02
• Cash Flow: $0.25 per share
• Price / Cash Flow: 10.09
• Book Value: $1.19 per share
• Price / Book: 2.13

Miscellaneous

• Outstanding Shares: 46,200,000
• Free Float: 34,465,000
• Market Cap: $117.35 million
• Optionable: Not Optionable
• Beta: 0.45