Alert: New Earnings Report (4/1/24)-Pioneer Power Solutions Inc (NASDAQ: PPSI).

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Pioneer Power Solutions Inc (NASDAQ: PPSI) has reported E.P.S. of $-0.07 for its fourth fiscal quarter (ending December 31) versus $0.10 for the same period a year ago — a decline of -170%. This performance was $-0.11 short of the consensus estimate of $0.04. For the latest four quarters through December 31, E.P.S. were $0.01 compared to $-0.37 a year ago.

Recent Price Action

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Pioneer Power Solutions Inc (NASDAQ: PPSI) stock closed at $5.94 on 4/1/24 after a large increase of 4.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 566% of normal. The stock has risen 8.0% during the last week but has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, PPSI is expected to be an important Value Builder.

Pioneer Power Solutions has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Pioneer Power Solutions has a slightly negative Power Rating of 35 and a very low Appreciation Score of 14, with the Lowest Value Trend Rating the result.

Rating Review

In light of this discouraging new earnings information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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