Media headlines about Pioneer Power Solutions (NASDAQ:PPSI) have been trending somewhat negative recently, according to AlphaOne. The research group, a service of Accern, identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Pioneer Power Solutions earned a news impact score of -0.08 on AlphaOne’s scale. AlphaOne also assigned media coverage about the industrial products company an impact score of 50 out of 100, indicating that recent news coverage is somewhat likely to have an effect on the stock’s share price in the near term.
Shares of Pioneer Power Solutions (NASDAQ:PPSI) traded up 0.70% during midday trading on Friday, reaching $7.15. 616 shares of the company’s stock traded hands. The firm’s market capitalization is $62.29 million. Pioneer Power Solutions has a one year low of $4.65 and a one year high of $9.40. The stock’s 50-day moving average price is $7.10 and its 200 day moving average price is $6.52.
Pioneer Power Solutions (NASDAQ:PPSI) last issued its quarterly earnings results on Thursday, March 9th. The industrial products company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.06. The company earned $28.51 million during the quarter, compared to the consensus estimate of $31 million. Pioneer Power Solutions had a positive return on equity of 13.35% and a negative net margin of 0.18%. On average, equities research analysts expect that Pioneer Power Solutions will post $0.65 earnings per share for the current fiscal year.
PPSI has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Pioneer Power Solutions from a “sell” rating to a “buy” rating and set a $7.25 price objective for the company in a research note on Wednesday, January 18th. Roth Capital set a $8.00 target price on shares of Pioneer Power Solutions and gave the company a “buy” rating in a research report on Tuesday, March 14th.
About Pioneer Power Solutions
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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