Pioneer Power Solutions, Inc. (NASDAQ:PPSI) Anticipated to Report Q1 2024 Earnings of $0.05 Per Share
Pioneer Power Solutions, Inc. (NASDAQ:PPSI) is anticipated to report Q1 2024 earnings of $0.05 per share, as projected by analysts at HC Wainwright. The company has been assigned a ‘Buy’ rating and a $12.00 price target on the stock. The consensus estimate for Pioneer Power Solutions’ full-year earnings in 2024 is $0.12 per share. Additionally, HC Wainwright has also provided estimates for the company’s Q2-Q4 2024 earnings, as well as earnings projections for the fiscal years 2024, 2025, 2027, and 2028.
PPSI stock opened at $4.53 on Wednesday and has shown a fifty-two week low of $3.59 and a high of $9.84. The company has a market cap of $44.98 million, a P/E ratio of 25.17, and a beta of 0.55. Furthermore, institutional trading data indicates recent modifications in holdings by hedge funds such as Dimensional Fund Advisors LP, Vanguard Group Inc., Northern Trust Corp, and Renaissance Technologies LLC.