Roth Capital Lowers Pioneer Power Solutions Price Target to $10.00 (PPSI)
Analysts at Roth Capital decreased their price target on shares of Pioneer Power Solutions (NASDAQ:PPSI) from $12.00 to $10.00 in a research report issued to clients and investors on Friday. Roth Capital’s price objective would suggest a potential upside of 33.16% from the stock’s previous close.
Pioneer Power Solutions (NASDAQ:PPSI) remained flat at $7.51 during during mid-day trading trading on Friday. Pioneer Power Solutions has a one year low of $6.95 and a one year high of $10.59. The stock has a 50-day moving average of $8.07 and a 200-day moving average of $8.94. The company has a market cap of $53.9 million and a price-to-earnings ratio of 10.00.
Pioneer Power Solutions (NASDAQ:PPSI) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by $0.04. Analysts expect that Pioneer Power Solutions will post $0.66 EPS for the current fiscal year.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.