PMFG (PMFG) Set to Announce Quarterly Earnings on Wednesday
PMFG (NASDAQ:PMFG) will be posting its quarterly earnings results on Wednesday, November 6th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
PMFG (NASDAQ:PMFG) last posted its quarterly earnings results on Thursday, September 5th. The company reported $0.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.02 by $0.02. The company had revenue of $34.50 million for the quarter, compared to the consensus estimate of $35.05 million. During the same quarter last year, the company posted ($0.03) earnings per share. PMFG’s revenue was up 4.5% compared to the same quarter last year. On average, analysts expect PMFG to post $0.10 EPS for the current fiscal year and $0.20 EPS for the next fiscal year.
PMFG (NASDAQ:PMFG) opened at 7.59 on Tuesday. PMFG has a 52-week low of $5.45 and a 52-week high of $9.42. The stock’s 50-day moving average is $7.75 and its 200-day moving average is $7.02. The company’s market cap is $159.6 million.
A number of analysts have recently weighed in on PMFG shares. Analysts at William Blair reiterated an “outperform” rating on shares of PMFG in a research note to investors on Friday, September 6th. Analysts at Needham & Company initiated coverage on shares of PMFG in a research note to investors on Monday, August 12th. They set a “hold” rating on the stock. They noted that the move was a valuation call. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $8.65.
PMFG, Inc is a provider of custom-engineered systems and products designed to helps ensure that the delivery of energy is safe, efficient and clean.
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