Profire Energy, Inc., an oilfield technology company, provides burner- and chemical-management products and services for the oil and gas industry primarily in the United States and Canada. It assists energy production companies in the production and transportation of oil and natural gas. The company offers burner-management systems to ignite, monitor, and manage the burner flames used in oilfield vessels, as well as complementary oilfield products, such as valves and fuel trains, airplates, solar packages, and flare stack igniters and nozzles. It also provides chemical-management systems to monitor and manage chemical-injection process to ensure that optimal levels of chemicals are injected. Profire Energy, Inc. also sells and installs its systems in France, Italy, Ukraine, India, Nigeria, the Middle East, Australia, and Brazil. The company is headquartered in Lindon, Utah.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Environmental controls
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:PFIE
CUSIPN/A
Phone801-796-5127
Debt
Debt-to-Equity RatioN/A
Current Ratio8.50
Quick Ratio6.13
Price-To-Earnings
Trailing P/E Ratio27.67
Forward P/E Ratio17.86
P/E GrowthN/A
Sales & Book Value
Annual Sales$38.29 million
Price / Sales3.14
Cash Flow$0.0939 per share
Price / Cash26.62
Book Value$0.91 per share
Price / Book2.75
Profitability
EPS (Most Recent Fiscal Year)$0.09
Net Income$4.44 million
Net Margins13.77%
Return on Equity13.89%
Return on Assets12.84%
Miscellaneous
Employees98
Outstanding Shares48,080,000
Market Cap$140.88 million
Profire Energy (NASDAQ:PFIE) Frequently Asked Questions
What is Profire Energy's stock symbol?
Profire Energy trades on the NASDAQ under the ticker symbol "PFIE."
How will Profire Energy's stock buyback program work?
Profire Energy declared that its board has authorized a stock repurchase plan on Sunday, June 4th 2017, which allows the company to buyback $2,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.
How were Profire Energy's earnings last quarter?
Profire Energy, Inc. (NASDAQ:PFIE) issued its earnings results on Wednesday, August, 8th. The oil and gas company reported $0.03 earnings per share for the quarter, hitting the consensus estimate of $0.03. The oil and gas company had revenue of $11.34 million for the quarter, compared to analysts' expectations of $11.07 million. Profire Energy had a return on equity of 13.89% and a net margin of 13.77%. View Profire Energy's Earnings History.
When is Profire Energy's next earnings date?
What price target have analysts set for PFIE?
3 equities research analysts have issued 1-year price objectives for Profire Energy's stock. Their predictions range from $2.50 to $7.00. On average, they anticipate Profire Energy's share price to reach $4.8333 in the next twelve months. This suggests a possible upside of 93.3% from the stock's current price. View Analyst Price Targets for Profire Energy.
What is the consensus analysts' recommendation for Profire Energy?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Profire Energy in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Profire Energy.
What are Wall Street analysts saying about Profire Energy stock?
Here are some recent quotes from research analysts about Profire Energy stock:
- 1. Maxim Group analysts commented, "Wednesday, after market close, PFIE announced 2Q18 results with revenue of $11.3 million, slightly above our estimate of $11.2 million, and EPS of $0.03, inline with our estimate of $0.03. We expect further penetration of PF3100 BMS systems in 2019 as the company recently received its Safety Integrity Level (SIL) certification and plans to expand its PF3100 sales force. We recognize additional opportunities for continued success internationally (MENA) and potential M&A activities in North America. We reiterate our Buy rating and $7 Price Target, which is based on a 10-year DCF and supported by a comparable company analysis." (8/10/2018)
- 2. According to Zacks Investment Research, "Profire Energy, Inc. manufactures, installs and services oilfield combustion management systems and related burner products. The Company's products aid oil and natural gas producers in the safe and efficient development and transportation of carbon-based fuels. Its products include Profire 2100 and the Profire 1100, Profire 1100i and fuel-trains or valve-trains, which comprise piping, valves, and controls related to the process of providing fuel to burners, as well as having safety controllers to monitor operations. Profire Energy, Inc. is based in Lindon, Utah. " (8/9/2018)
Are investors shorting Profire Energy?
Profire Energy saw a drop in short interest in July. As of July 13th, there was short interest totalling 1,253,059 shares, a drop of 65.2% from the June 29th total of 3,602,194 shares. Based on an average daily volume of 794,182 shares, the short-interest ratio is currently 1.6 days. Approximately 3.8% of the shares of the stock are short sold. View Profire Energy's Current Options Chain.
Who are some of Profire Energy's key competitors?
Who are Profire Energy's key executives?
Profire Energy's management team includes the folowing people:
- Mr. Brenton Wayne Hatch, Chairman, CEO & Pres (Age 68)
- Mr. Ryan W. Oviatt CPA, Chief Financial Officer (Age 44)
- Mr. Cameron Tidball, VP of Sales & Marketing
- Mr. Patrick Fisher, R&D Mang.
- Mr. Jay Grant Fugal, Corp. Operations Mang.
Has Profire Energy been receiving favorable news coverage?
News stories about PFIE stock have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Profire Energy earned a daily sentiment score of 0.08 on Accern's scale. They also gave media coverage about the oil and gas company an impact score of 47.33 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Profire Energy.
Who are Profire Energy's major shareholders?
Profire Energy's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Royce & Associates LP (3.96%), BlackRock Inc. (3.18%), Tocqueville Asset Management L.P. (2.48%), Cortina Asset Management LLC (1.72%), Sei Investments Co. (1.40%) and Cadence Capital Management LLC (1.13%). Company insiders that own Profire Energy stock include Brenton W Hatch, Harold Albert and Ronald R Spoehel. View Institutional Ownership Trends for Profire Energy.
Which major investors are selling Profire Energy stock?
PFIE stock was sold by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., Essex Investment Management Co. LLC, Royce & Associates LP and Perkins Capital Management Inc.. Company insiders that have sold Profire Energy company stock in the last year include Brenton W Hatch and Harold Albert. View Insider Buying and Selling for Profire Energy.
Which major investors are buying Profire Energy stock?
PFIE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Cortina Asset Management LLC, Sei Investments Co., ClariVest Asset Management LLC, Penn Capital Management Co. Inc., Formula Growth Ltd., Russell Investments Group Ltd. and Navellier & Associates Inc. View Insider Buying and Selling for Profire Energy.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Profire Energy's stock price today?
One share of PFIE stock can currently be purchased for approximately $2.50.
How big of a company is Profire Energy?
Profire Energy has a market capitalization of $140.88 million and generates $38.29 million in revenue each year. The oil and gas company earns $4.44 million in net income (profit) each year or $0.09 on an earnings per share basis. Profire Energy employs 98 workers across the globe.
How can I contact Profire Energy?
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]
MarketBeat Community Rating for Profire Energy (NASDAQ PFIE)
MarketBeat's community ratings are surveys of what our community members think about Profire Energy and other stocks. Vote "Outperform" if you believe PFIE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PFIE will underperform the S&P 500 over the long term. You may vote once every thirty days.
