Pioneer Power Solutions, Inc. (PPSI) Downgraded to Hold at Zacks Investment Research
According to Zacks, “Pioneer Power Solutions, Inc. is specialty manufacturer of electrical transmission and distribution equipment. The company provide solutions in the utility, industrial and commercial segments of the electrical transmission and distribution industry. It operates primarily in the U.S., Canada and Mexico. Pioneer Power Solutions, Inc. is headquartered in Fort Lee, New Jersey. “
Separately, Roth Capital set a $8.00 price objective on Pioneer Power Solutions and gave the company a buy rating in a research note on Tuesday, March 14th.
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Pioneer Power Solutions (NASDAQ:PPSI) opened at 6.95 on Wednesday. Pioneer Power Solutions has a 1-year low of $3.78 and a 1-year high of $9.40. The stock’s 50 day moving average price is $7.79 and its 200 day moving average price is $6.26. The stock’s market capitalization is $60.46 million.
Pioneer Power Solutions (NASDAQ:PPSI) last posted its quarterly earnings results on Thursday, March 9th. The company reported $0.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.06. Pioneer Power Solutions had a positive return on equity of 13.35% and a negative net margin of 0.18%. Equities research analysts forecast that Pioneer Power Solutions will post $0.65 earnings per share for the current year.
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Pioneer Power Solutions Company Profile
Pioneer Power Solutions, Inc manufactures, sells and services a range of specialty electrical transmission, distribution and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. The Company operates through two segments: Transmission & Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power).
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