For its third fiscal quarter (ending September 30), Pioneer Power Solutions Inc (NASDAQ: PPSI) has reported E.P.S. of $0.10 compared to $-0.13 a year ago. This performance was $0.05 better than the consensus estimate of $0.05. E.P.S. were $0.18 for the latest four quarters through September 30 versus $-0.63 for the same period a year ago.
Recent Price Action
Pioneer Power Solutions Inc (NASDAQ: PPSI) stock enjoyed a very large increase of 9.2% on 11/14/23. The shares closed at $6.65. The stock has been exceptionally strong relative to the market over the last nine months and has risen 9.2% during the last week.
Current PriceTarget Research Rating
PPSI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a major Value Builder.
Pioneer Power Solutions has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Pioneer Power Solutions has a poor Appreciation Score of 17 but a very high Power Rating of 98, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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