PMFG VP David Taylor Sells 2,375 Shares (PMFG)
PMFG (NASDAQ:PMFG) VP David Taylor sold 2,375 shares of the stock on the open market in a transaction dated Thursday, June 5th. The stock was sold at an average price of $5.26, for a total value of $12,492.50. Following the completion of the transaction, the vice president now directly owns 33,501 shares in the company, valued at approximately $176,215. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of PMFG from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 13th. They now have a $4.60 price target on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $4.60.
PMFG (NASDAQ:PMFG) opened at 5.32 on Tuesday. PMFG has a 52 week low of $4.11 and a 52 week high of $9.23. The stock has a 50-day moving average of $5.12 and a 200-day moving average of $6.64. The company’s market cap is $112.2 million.
PMFG (NASDAQ:PMFG) last announced its earnings results on Thursday, May 8th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.19. The company had revenue of $32.30 million for the quarter, compared to the consensus estimate of $38.82 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The company’s revenue for the quarter was down 7.7% on a year-over-year basis. On average, analysts predict that PMFG will post $-0.40 earnings per share for the current fiscal year.
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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