Profire Energy (NASDAQ:PFIE) is set to release its earnings data after the market closes on Wednesday, August 7th. Analysts expect Profire Energy to post earnings of $0.03 per share for the quarter.
Profire Energy (NASDAQ:PFIE) last issued its quarterly earnings results on Wednesday, May 8th. The oil and gas company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). Profire Energy had a net margin of 13.26% and a return on equity of 13.03%. The company had revenue of $10.83 million during the quarter, compared to the consensus estimate of $11.23 million. On average, analysts expect Profire Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Profire Energy stock opened at $1.38 on Friday. Profire Energy has a fifty-two week low of $1.30 and a fifty-two week high of $3.74. The firm has a fifty day moving average of $1.50. The company has a market cap of $69.08 million, a P/E ratio of 11.50 and a beta of 1.80.
PFIE has been the subject of a number of research reports. TheStreet downgraded shares of Profire Energy from a “b-” rating to a “c+” rating in a report on Tuesday, May 21st. ValuEngine raised shares of Profire Energy from a “strong sell” rating to a “sell” rating in a report on Thursday. Zacks Investment Research upgraded shares of Profire Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, May 7th. Aegis began coverage on shares of Profire Energy in a research note on Monday, July 8th. They issued a “buy” rating and a $4.00 price objective for the company. Finally, Chardan Capital restated a “hold” rating on shares of Profire Energy in a research note on Tuesday, May 14th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. Profire Energy has a consensus rating of “Hold” and a consensus price target of $4.19.
About Profire Energy
Profire Energy, Inc, an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry in North America. It assists energy production companies in the production and transportation of oil and natural gas. Its products include PF3100, a burner-management system, which is designed to operate, monitor, control, and manage various complex and multi-faceted oilfield appliances; safety and monitoring devices, such as shut-down and temperature valves, pressure transmitters and switches, burners, pilots, and other combustion related equipment; and chemical-management systems to monitor and manage chemical-injection process to ensure that optimal levels of chemicals are injected.
Further Reading: Cost of Equity For A Business, Investors
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