NASDAQ:PFIEProfire Energy Stock Price, Forecast & News

Profire Energy's stock was trading at $0.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PFIE shares have decreased by 13.5% and is now trading at $0.8131. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Profire Energy in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Profire Energy.

Profire Energy is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Profire Energy.

Profire Energy, Inc. (NASDAQ:PFIE) posted its quarterly earnings results on Wednesday, May, 6th. The oil and gas company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.01 by $0.02. The oil and gas company earned $7.45 million during the quarter. Profire Energy had a negative net margin of 0.03% and a negative return on equity of 0.02%. View Profire Energy's earnings history.

2 brokerages have issued 1-year price targets for Profire Energy's shares. Their forecasts range from $4.00 to $4.00. On average, they anticipate Profire Energy's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 391.9% from the stock's current price. View analysts' price targets for Profire Energy.

Headlines about PFIE stock have been trending positive recently, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Profire Energy earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutProfire Energy.

Profire Energy saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 319,600 shares, a decline of 11.6% from the April 30th total of 361,700 shares. Based on an average trading volume of 105,200 shares, the days-to-cover ratio is presently 3.0 days. Currently, 0.9% of the company's shares are short sold. View Profire Energy's Current Options Chain.

Some companies that are related to Profire Energy include Oasis Petroleum (OAS), Petroleum Geo-Services ASA (PGSVY), Diamond Offshore Drilling (DO), Chesapeake Energy (CHK), San Juan Basin Royalty Trust (SJT), Denbury Resources (DNR), Key Energy Services (KEGX), Ramaco Resources (METC), CONSOL Coal Resources (CCR), Pantheon Resources (PTHRF), BP Prudhoe Bay Royalty Trust (BPT), Natural Gas Services Group (NGS), Epsilon Energy (EPSN), Whiting Petroleum (WLL) and Superior Energy Services (SPNVD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Profire Energy investors own include Micron Technology (MU), NVIDIA (NVDA), AbbVie (ABBV), Antares Pharma (ATRS), Abraxas Petroleum (AXAS), Canopy Growth (CGC), General Electric (GE), Home Depot (HD), Arcadia Biosciences (RKDA) and Alibaba Group (BABA).

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

Profire Energy's stock is owned by a variety of retail and institutional investors. Top institutional investors include Granahan Investment Management Inc. MA (2.87%), Silvercrest Asset Management Group LLC (2.21%), Perkins Capital Management Inc. (2.20%), Frontier Wealth Management LLC (1.04%), Essex Investment Management Co. LLC (0.81%) and Cambridge Investment Research Advisors Inc. (0.76%). Company insiders that own Profire Energy stock include Brenton W Hatch and Harold Albert. View institutional ownership trends for Profire Energy.

PFIE stock was sold by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC, Granahan Investment Management Inc. MA, Silvercrest Asset Management Group LLC, and Acadian Asset Management LLC. View insider buying and selling activity for Profire Energy.

PFIE stock was purchased by a variety of institutional investors in the last quarter, including Frontier Wealth Management LLC, Perkins Capital Management Inc., Cambridge Investment Research Advisors Inc., and Wedge Capital Management L L P NC. View insider buying and selling activity for Profire Energy.

Shares of PFIE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PFIE stock can currently be purchased for approximately $0.81.

Profire Energy has a market capitalization of $38.78 million and generates $38.98 million in revenue each year. The oil and gas company earns $2.02 million in net income (profit) each year or $0.04 on an earnings per share basis. Profire Energy employs 92 workers across the globe.

The official website for Profire Energy is www.profireenergy.com.

Profire Energy's mailing address is 321 South 1250 West Suite 1, Lindon UT, 84042. The oil and gas company can be reached via phone at 801-796-5127 or via email at [email protected]