Pioneer Power Solutions (NASDAQ:PPSI - Get Free Report) updated its FY 2024 earnings guidance on Thursday. The company provided EPS guidance of 0.310-0.340 for the period, compared to the consensus EPS estimate of 0.310. The company issued revenue guidance of $52.0 million-$54.0 million, compared to the consensus revenue estimate of $53.1 million.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on PPSI. HC Wainwright reaffirmed a "buy" rating and set a $12.00 target price on shares of Pioneer Power Solutions in a research report on Thursday. StockNews.com raised Pioneer Power Solutions to a "sell" rating in a research report on Tuesday, September 24th.
View Our Latest Analysis on Pioneer Power Solutions
Pioneer Power Solutions Stock Performance
PPSI traded down $0.47 during trading hours on Thursday, hitting $6.15. The stock had a trading volume of 261,666 shares, compared to its average volume of 103,743. The company's fifty day simple moving average is $5.04 and its 200 day simple moving average is $4.45. Pioneer Power Solutions has a 1 year low of $3.35 and a 1 year high of $7.30. The stock has a market cap of $61.07 million, a PE ratio of 33.78 and a beta of 0.68. The company has a quick ratio of 0.93, a current ratio of 1.51 and a debt-to-equity ratio of 0.01.
Pioneer Power Solutions (NASDAQ:PPSI - Get Free Report) last announced its quarterly earnings data on Tuesday, October 8th. The company reported ($0.21) earnings per share for the quarter. Pioneer Power Solutions had a negative return on equity of 30.16% and a negative net margin of 14.02%. The firm had revenue of $6.34 million during the quarter. Equities analysts anticipate that Pioneer Power Solutions will post 0.32 earnings per share for the current year.
Pioneer Power Solutions Company Profile
(
Get Free Report)
Pioneer Power Solutions, Inc, together with its subsidiaries, design, manufacture, integrate, refurbish, distribute, sell, and service electric power systems, distributed energy resources, power generation equipment, and mobile EV charging solutions. The company operates through Electrical Infrastructure Equipment and Critical Power Solutions segments.
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