The Profire Energy Inc (PFIE) share price is expected to increase by 20.04% over the next year. This is based on calculating the average 12-month share price estimate provided by 2 stock analysts who have covered PFIE. Price targets range from $2.55 at the low end to $3.5 at the high end. The current analyst consensus for PFIE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 2 Wall Street analysts have assignedPFIE 1 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Profire Energy Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PFIE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PFIE.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Robert Brown Lake Street | Hold | $2.55 | Downgrade | Oct 30, 2024 |
John White Roth MKM | Buy | $3.5 | Maintains | Sep 11, 2023 |
Maxim Group | Buy | $7 | Initiates | May 30, 2018 |
James McIlree Chardan Capital | Buy | $2.5 | Maintains | Nov 10, 2017 |
Chardan Capital | Buy | Upgrade | Dec 15, 2016 | |
Chardan Capital | Neutral | Downgrade | Jan 27, 2016 | |
Roth Capital | Buy | Initiates | Dec 1, 2015 | |
Maxim Group | Hold | Downgrade | Jun 16, 2015 | |
Maxim Group | Buy | $3 | Maintains | Jun 10, 2015 |
Barrington Research | Outperform | Initiates | Apr 27, 2015 |
When did it IPO
2010
Staff Count
118
Country
United States
Sector/Industry
Energy/Oil & Gas Equipment & Services
CEO
Mr. Ryan W. Oviatt CPA
Market Cap
$116.4M
In 2023, PFIE generated $58.2M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that PFIE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Profire Energy (NASDAQ: PFIE) reported Q3 2024 revenue of $17.2M, up from $14.9M. Net income was $2.2M. The company has agreed to be acquired by CECO Environmental for $2.55 per share.
Why It Matters - Profire Energy's revenue and profit growth signals operational strength, while the pending acquisition by CECO Environmental at $2.55 per share highlights strategic consolidation in the sector.
Summary - Monteverde & Associates is investigating Profire Energy's proposed merger with CECO Environmental, offering $2.55 per share for all common stock.
Why It Matters - The investigation into Profire Energy's merger could impact shareholder value and market perception, especially regarding the fairness of the proposed acquisition price.
Summary - Former Louisiana Attorney General Charles C. Foti, Jr. and Kahn Swick & Foti, LLC are investigating Profire Energy's proposed sale to CECO Environmental for $2.55 per share to assess the deal's fairness.
Why It Matters - The investigation into Profire Energy's sale may indicate potential undervaluation or flawed process, impacting shareholder returns and future stock performance.
Summary - Halper Sadeh LLC is investigating Aerovate Therapeutics (NASDAQ: AVTE) for potential securities law violations related to its merger with Jade Biosciences, where AVTE shareholders will hold 1.6% of the new entity.
Why It Matters - The investigation by Halper Sadeh LLC into Aerovate Therapeutics' merger could indicate potential legal risks or governance issues, impacting stock performance and investor confidence.
Summary - CECO has reinforced its status as a leading provider of environmental solutions in industrial markets, enhancing its competitive position in this sector.
Why It Matters - CECO's strengthened position in environmental solutions boosts its competitive edge, potentially leading to increased market share, revenue growth, and attractiveness to environmentally-conscious investors.
Summary - Ademi LLP is investigating Profire (Nasdaq: PFIE) for potential fiduciary duty breaches related to its $125 million tender offer with CECO, offering $2.55 per share to stockholders.
Why It Matters - The investigation into Profire for potential fiduciary duty breaches may signal risks for investors, potentially affecting stock value and shareholder trust in the transaction with CECO.