Streetbeat News

PFIE

Profire Energy, Inc.

https://www.profireenergy.com

Industry

Oil & Gas Equipment & Services

Profire Energy, Inc., a technology company, provides burner, and combustion management systems and solutions for natural and forced draft applications in the United States and Canada. It primarily focuses on the upstream, midstream, and downstream transmission segments of the oil and gas industry. It also sells and installs its systems in Europe, South America, Africa, the Middle East, and Asia. The company was founded in 2002 and is based in Lindon, Utah.

Open

2.50

Mkt cap

116M

Volume

1.2M

High

2.52

P/E Ratio

13.94

52-wk high

2.52

Low

2.50

Div yield

N/A

52-wk low

1.33

Profire Energy (NASDAQ:PFIE) reported Q4 earnings, beating estimates with an EPS of $0.07 against an expected $0.04, a 75% beat. Revenue increased by $400 thousand year-over-year. Despite missing EPS estimates last quarter, PFIE's share price increased by 3% the following day. The company has shown consistent revenue growth over the past four quarters.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 8:45 pm

Profire Energy (NASDAQ:PFIE) reported Q4 2023 earnings of $0.07 per share, surpassing the $0.03 estimate, but missed sales estimates with $14.400M against the expected $14.615M. This represents a 2.86% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 8:42 pm

Numerous companies are scheduled to report their earnings on March 13, 2024, covering a wide range of industries from biotech to retail. Notable mentions include Dollar Tree with expected earnings of $2.65 per share on $8.67 billion revenue, and Lennar with an estimate of $2.20 per share on $7.39 billion revenue. Several companies are anticipated to report losses, such as ZIM Integrated Shipping with a projected loss of $1.29 per share.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 10:15 am

Profire Energy (NASDAQ:PFIE) is anticipated to report a quarterly EPS of $0.04 on March 13, 2024. Despite a miss in the last quarter with no change in EPS, the stock rose by 3.39% the following day. Historically, Profire Energy has shown positive price changes post-earnings, with shares currently up 29.73% over the last 52 weeks. Investors are keen on both the earnings outcome and the company's future guidance.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 6:01 pm

Benzinga Insights has identified 5 value stocks in the energy sector based on low P/E ratios, indicating potential undervaluation. Profire Energy (PFIE), Drilling Tools Intl (DTI), North European Oil (NRT), Marathon Petroleum (MPC), and Smart Sand (SND) have P/E multiples ranging from 2.45 to 8.95. Recent earnings reports show mixed results, with some companies reporting increased earnings per share (EPS) and others reporting decreases. Dividend yields have also varied, with some companies showing a decrease in yield.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:39 pm

The article identifies five value stocks in the energy sector based on their low P/E ratios, suggesting they may be undervalued. The stocks are KLX Energy Services Hldgs (KLXE), Eni (E), Vitesse Energy (VTS), Profire Energy (PFIE), and Teekay Tankers (TNK). The article provides recent earnings per share data and dividend yield changes for these companies, noting that while value stocks may be undervalued, there is a risk they may not rebound.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 2:39 pm

Profire Energy reported Q3 earnings of $0.04 per share, meeting analyst consensus. This is a 100% increase from the same period last year. The company also reported quarterly sales of $14.83 million, beating the analyst consensus estimate of $14.79 million by 0.26%. This is a 15.59% increase from the same period last year.

Portfolio Pulse from bharat@benzinga.com

November 08, 2023 | 10:22 pm

Profire Energy (NASDAQ:PFIE) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.04. The company's past performance shows a trend of beating EPS estimates, which has led to increases in share price. The stock is currently trading at $1.7 and has seen a 61.36% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 8:02 pm

Energy stocks are trading lower due to a decrease in oil prices.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 7:39 pm

The article lists the stocks that have gained and lost the most in Wednesday's mid-day session. Gaucho Group Holdings, Vivos Therapeutics, and Conduit Pharmaceuticals were among the top gainers, while Molekule Group, A10 Networks, and Inhibikase Therapeutics were among the top losers. Cal-Maine Foods shares fell by around 8% due to weaker-than-expected sales for its first quarter.

Portfolio Pulse from Lisa Levin

October 04, 2023 | 4:48 pm

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