News coverage about Pioneer Power Solutions (NASDAQ:PPSI) has trended positive this week, AlphaOne Sentiment reports. The research group, a service of Accern, scores the sentiment of news coverage by reviewing more than twenty million news and blog sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pioneer Power Solutions earned a coverage optimism score of 0.31 on AlphaOne’s scale. AlphaOne also gave news articles about the industrial products company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next few days.
Shares of Pioneer Power Solutions (NASDAQ:PPSI) opened at 6.505 on Friday. Pioneer Power Solutions has a 1-year low of $4.85 and a 1-year high of $9.40. The firm’s market capitalization is $56.67 million. The firm has a 50-day moving average price of $6.72 and a 200-day moving average price of $6.89.
Pioneer Power Solutions (NASDAQ:PPSI) last posted its quarterly earnings data on Thursday, May 11th. The industrial products company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.05. The company had revenue of $27.26 million during the quarter, compared to analysts’ expectations of $29 million. Pioneer Power Solutions had a negative net margin of 0.87% and a positive return on equity of 17.48%. On average, analysts forecast that Pioneer Power Solutions will post $0.60 EPS for the current fiscal year.
PPSI has been the topic of a number of analyst reports. Zacks Investment Research cut Pioneer Power Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, May 3rd. Roth Capital set a $8.00 price target on Pioneer Power Solutions and gave the company a “buy” rating in a research note on Tuesday, March 14th. Finally, ValuEngine cut Pioneer Power Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 3rd.
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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