Pyxis Tankers (NASDAQ:PXS) Price Target Increased to $8.00 by Analysts at Univest Sec

Pyxis Tankers (NASDAQ:PXSGet Rating) had its target price increased by Univest Sec from $4.50 to $8.00 in a report published on Wednesday morning, The Fly reports. Univest Sec currently has a buy rating on the transportation company’s stock.

A number of other equities research analysts also recently weighed in on the company. Credit Suisse Group raised their price objective on Pyxis Tankers to $6.00 and gave the company a buy rating in a research report on Tuesday, May 17th. TheStreet raised Pyxis Tankers from a d rating to a c- rating in a research report on Monday, August 29th. Finally, ThinkEquity assumed coverage on Pyxis Tankers in a report on Monday, June 6th. They issued a buy rating and a $5.00 price target for the company. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to, Pyxis Tankers has an average rating of Moderate Buy and an average price target of $6.25.

Pyxis Tankers Stock Performance

Shares of Pyxis Tankers stock opened at $4.03 on Wednesday. The firm has a market cap of $42.77 million, a P/E ratio of -6.01 and a beta of -0.65. The company has a current ratio of 0.83, a quick ratio of 0.64 and a debt-to-equity ratio of 1.37. Pyxis Tankers has a 12 month low of $1.41 and a 12 month high of $4.40. The stock’s fifty day moving average price is $3.07 and its 200-day moving average price is $2.77.

Pyxis Tankers (NASDAQ:PXSGet Rating) last issued its quarterly earnings data on Monday, August 8th. The transportation company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.07. Pyxis Tankers had a negative return on equity of 15.45% and a negative net margin of 19.79%. The company had revenue of $16.06 million for the quarter, compared to the consensus estimate of $9.79 million. On average, equities research analysts expect that Pyxis Tankers will post 0.93 earnings per share for the current fiscal year.

Pyxis Tankers Company Profile

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Pyxis Tankers Inc operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals.

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