In last trading session, Pioneer Power Solutions, Inc. (NASDAQ:PPSI) saw 1,228,176 shares changing hands with its beta currently measuring 0.02. Company’s recent per share price level of $3.57 trading at $0.14 or 4.08% at ring of the bell on the day assigns it a market valuation of $31.15 Million. That closing price of PPSI’s stock is at a discount of -164.15% from its 52-week high price of $9.43 and is indicating a premium of 74.79% from its 52-week low price of $0.9. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.82 Million shares which gives us an average trading volume of 7.47 Million if we extend that period to 3-months.
For Pioneer Power Solutions, Inc. (PPSI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 0. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 1 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
Pioneer Power Solutions, Inc. (NASDAQ:PPSI) trade information
Upright in the green today for gaining 4.08%, in the last five days PPSI remained trading in the green while hitting it’s week-highest on Monday, Nov 16 when the stock touched $4.48-2 price level, adding 20.31% to its value on the day. Pioneer Power Solutions, Inc.’s shares saw a change of 57.27% in year-to-date performance and have moved 27.96% in past 5-day. Pioneer Power Solutions, Inc. (NASDAQ:PPSI) showed a performance of 35.74% in past 30-days. Number of shares sold short was 52.23 Million shares which calculate 6.99 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $7.5 to the stock, which implies a rise of 110.08% to its current value. Analysts have been projecting $7.5 as a low price target for the stock while placing it at a high target of $7.5. It follows that stock’s current price would jump +110.08% in reaching the projected high whereas dropping to the targeted low would mean a loss of 110.08% for stock’s current value.
Pioneer Power Solutions, Inc. (PPSI) estimates and forecasts
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $29Million for the same. And 1 analysts are in estimates of company making revenue of $28Million in the next quarter that will end in June 01, 2019. Company posted $23.48 Million and $24.59 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 23.5% while estimating it to be 13.9% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 8.31% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -29.3% while estimates for its earnings growth in next 5 years are of 6%
Pioneer Power Solutions, Inc. (NASDAQ:PPSI)’s Major holders
Insiders are in possession of 65.56% of company’s total shares while institution are holding 10.67% percent of that, with stock having share float percentage of 30.99%. Investors also watch the number of corporate investors in a company very closely, which is 17 institutions for Pioneer Power Solutions, Inc. that are currently holding shares of the company. Kennedy Capital Management, Inc. is the top institutional holder at PPSI for having 611.41 Thousand shares of worth $941.58 Thousand. And as of September 29, 2020, it was holding 7.01% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 41.45 Thousand shares on September 29, 2020. The number of shares represents firm’s hold over 0.48% of outstanding shares, having a total worth of $63.83 Thousand.
On the other hand, Clearwater Small Companies Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of June 29, 2020, the former fund manager was holding 97304 shares of worth $171.26 Thousand or 1.12% of the total outstanding shares. The later fund manager was in possession of 17.5 Thousand shares on June 29, 2020, making its stake of worth around $30.8 Thousand in the company or a holder of 0.2% of company’s stock.