What is HC Wainwright’s Forecast for PPSI FY2027 Earnings?

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) – Investment analysts at HC Wainwright cut their FY2027 earnings per share (EPS) estimates for shares of Pioneer Power Solutions in a research note issued on Friday, August 15th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings per share of $0.02 for the year, down from their previous forecast of $0.03. The consensus estimate for Pioneer Power Solutions’ current full-year earnings is $0.32 per share. HC Wainwright also issued estimates for Pioneer Power Solutions’ FY2028 earnings at $0.22 EPS and FY2029 earnings at $0.46 EPS.

Pioneer Power Solutions (NASDAQ:PPSI) last released its quarterly earnings results on Thursday, August 14th. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.07. The business had revenue of $8.37 million during the quarter, compared to analysts’ expectations of $6.89 million. Pioneer Power Solutions had a negative return on equity of 9.63% and a net margin of 116.17%.

Separately, Wall Street Zen upgraded Pioneer Power Solutions from a “sell” rating to a “hold” rating in a report on Monday, May 19th.

Pioneer Power Solutions Price Performance

NASDAQ PPSI opened at $3.76 on Monday. The stock has a market capitalization of $41.81 million, a PE ratio of -5.53 and a beta of 1.05. The business has a 50 day simple moving average of $3.01 and a two-hundred day simple moving average of $3.01. Pioneer Power Solutions has a 1-year low of $2.25 and a 1-year high of $7.00.

Hedge Funds Weigh In On Pioneer Power Solutions

Several large investors have recently modified their holdings of PPSI. Occudo Quantitative Strategies LP purchased a new position in Pioneer Power Solutions during the fourth quarter worth $64,000. Legacy Advisors LLC purchased a new stake in shares of Pioneer Power Solutions in the first quarter valued at $51,000. Two Sigma Securities LLC bought a new stake in shares of Pioneer Power Solutions in the 4th quarter worth about $78,000. XTX Topco Ltd purchased a new position in shares of Pioneer Power Solutions during the 2nd quarter worth about $55,000. Finally, Squarepoint Ops LLC purchased a new position in shares of Pioneer Power Solutions during the 4th quarter worth about $102,000. Institutional investors own 10.92% of the company’s stock.

About Pioneer Power Solutions

Pioneer Power Solutions, Inc, together with its subsidiaries, design, manufacture, integrate, refurbish, distribute, sell, and service electric power systems, distributed energy resources, power generation equipment, and mobile EV charging solutions. The company operates through Electrical Infrastructure Equipment and Critical Power Solutions segments.