Profire Energy Inc

Profire Energy Inc Stock Forecast & Price Prediction

Live Profire Energy Inc Stock (PFIE) Price
$2.52

2

Ratings

  • Buy 1
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.52

P/E Ratio

13.26

Volume Traded Today

$132,000

Dividend

Dividends not available for PFIE

52 Week High/low

2.52/1.33

Profire Energy Inc Market Cap

$116.4M

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PFIE Summary

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.

PFIE Analyst Ratings

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.

PFIE stock forecast by analyst

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

PFIE Company Information

What They Do: Develops combustion management systems for energy sectors.

Business Model: The company generates revenue by engineering, designing, and selling burner and combustion management systems primarily targeted at the oil and gas industry. It operates across various segments including upstream, midstream, and downstream, and additionally offers installation services, expanding its market reach internationally.

Other Information: Profire Energy, Inc. was incorporated in 2002 and is based in Lindon, Utah, with a presence in multiple regions including South America, Europe, Africa, the Middle East, and Asia.
PFIE
Profire Energy Inc (PFIE)

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

Profire Energy Inc (PFIE) Financial Data

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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$58.2M

0.00 %
From Previous Year
  • Revenue TTM $60.0M
  • Operating Margin TTM 16.0%
  • Gross profit TTM $30.5M
  • Return on assets TTM 9.4%
  • Return on equity TTM 15.4%
  • Profit Margin 14.9%
  • Book Value Per Share 1.33%
  • Market capitalisation $116.4M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $58.2M
  • EPS this year (TTM) $0.19

Profire Energy Inc (PFIE) Latest News

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Sun, 03 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

...

PFIE Frequently asked questions

The highest forecasted price for PFIE is $3.5 from John White at Roth MKM.

The lowest forecasted price for PFIE is $2.55 from Robert Brown from Lake Street

The PFIE analyst ratings consensus are 1 buy ratings, 1 hold ratings, and 0 sell ratings.