Roth Capital Reaffirms Their Buy Rating on Pioneer Power Solutions


Roth Capital analyst Matt Koranda reiterated a Buy rating on Pioneer Power Solutions (NASDAQ: PPSI) on May 18 and set a price target of $7.50. The company’s shares closed on Thursday at $5.40.

Koranda has an average return of 13.6% when recommending Pioneer Power Solutions.

According to TipRanks.com, Koranda is ranked #2446 out of 4798 analysts.

Pioneer Power Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $7.50.

See today’s analyst top recommended stocks >>

Based on Pioneer Power Solutions’ latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $574K. In comparison, last year the company had a net profit of $133K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Pioneer Power Solutions, Inc. engages in the manufacture, sale, and service of electrical transmission, distribution, and on-site power generation equipment in the field of utility, industrial, commercial original equipment manufacturer, and backup power markets.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts