Profire Energy (PFIE) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Profire Energy in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PFIE shares.
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2 brokers have issued twelve-month price objectives for Profire Energy's stock. Their PFIE share price forecasts range from $3.50 to $3.50. On average, they expect the company's stock price to reach $3.50 in the next twelve months. This suggests a possible upside of 20.7% from the stock's current price.
View analysts price targets for PFIE or view top-rated stocks among Wall Street analysts.

Profire Energy's stock was trading at $1.06 at the beginning of 2023. Since then, PFIE stock has increased by 173.6% and is now trading at $2.90.
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Profire Energy saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 388,500 shares, an increase of 605.1% from the August 15th total of 55,100 shares. Based on an average trading volume of 515,000 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.2% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our PFIE earnings forecast.

Profire Energy, Inc. (NASDAQ:PFIE) announced its earnings results on Wednesday, August, 9th. The oil and gas company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. The oil and gas company earned $14.44 million during the quarter, compared to the consensus estimate of $14.30 million. Profire Energy had a trailing twelve-month return on equity of 17.51% and a net margin of 15.20%.

Based on aggregate information from My MarketBeat watchlists, some companies that other Profire Energy investors own include Micron Technology (MU), NVIDIA (NVDA), AbbVie (ABBV), Sunesis Pharmaceuticals (SNSS), Abraxas Petroleum (AXAS), General Electric (GE), Home Depot (HD), Arcadia Biosciences (RKDA).

Profire Energy trades on the NASDAQ under the ticker symbol "PFIE."

Profire Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include AWM Investment Company Inc. (4.73%), Royce & Associates LP (4.30%), Wells Fargo & Company MN (3.41%), Everett Harris & Co. CA (2.99%), Renaissance Technologies LLC (2.86%) and Perkins Capital Management Inc. (2.86%).
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Shares of PFIE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PFIE stock can currently be purchased for approximately $2.90.

Profire Energy (NASDAQ:PFIE) has a market capitalization of $137.98 million and generates $45.94 million in revenue each year. The oil and gas company earns $3.95 million in net income (profit) each year or $0.17 on an earnings per share basis.

The company employs 103 workers across the globe.

Profire Energy's mailing address is 321 South 1250 West Suite 1, Lindon UT, 84042. The official website for the company is www.profireenergy.com. The oil and gas company can be reached via phone at (801) 796-5127, via email at shooser@threepa.com, or via fax at 801-785-5455.