Profire Energy, Inc. (NASDAQ:PFIE) Forecasted to Earn Q1 2025 Earnings of $0.04 Per Share

Profire Energy, Inc. (NASDAQ:PFIE) – Stock analysts at Roth Capital issued their Q1 2025 earnings estimates for Profire Energy in a report issued on Thursday, June 27th. Roth Capital analyst J. White anticipates that the oil and gas company will post earnings per share of $0.04 for the quarter. The consensus estimate for Profire Energy’s current full-year earnings is $0.20 per share. Roth Capital also issued estimates for Profire Energy’s Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.04 EPS and FY2025 earnings at $0.15 EPS.

Profire Energy (NASDAQ:PFIE) last issued its quarterly earnings data on Wednesday, May 8th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). Profire Energy had a return on equity of 17.27% and a net margin of 16.79%. The firm had revenue of $13.64 million during the quarter, compared to the consensus estimate of $14.10 million.

Separately, StockNews.com lowered shares of Profire Energy from a “buy” rating to a “hold” rating in a research report on Thursday.

Profire Energy Stock Performance

Shares of PFIE opened at $1.42 on Friday. The stock has a 50 day moving average of $1.54 and a 200 day moving average of $1.61. The company has a market capitalization of $66.88 million, a price-to-earnings ratio of 7.10 and a beta of 0.50. Profire Energy has a 12 month low of $1.19 and a 12 month high of $3.29.

Hedge Funds Weigh In On Profire Energy

Institutional investors have recently bought and sold shares of the company. Perkins Capital Management Inc. raised its stake in shares of Profire Energy by 0.9% in the first quarter. Perkins Capital Management Inc. now owns 945,520 shares of the oil and gas company’s stock valued at $1,749,000 after buying an additional 8,788 shares during the period. O Shaughnessy Asset Management LLC lifted its holdings in Profire Energy by 16.1% during the first quarter. O Shaughnessy Asset Management LLC now owns 175,795 shares of the oil and gas company’s stock valued at $325,000 after purchasing an additional 24,376 shares during the last quarter. Acadian Asset Management LLC boosted its position in Profire Energy by 21.0% during the third quarter. Acadian Asset Management LLC now owns 141,009 shares of the oil and gas company’s stock worth $390,000 after purchasing an additional 24,510 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Profire Energy in the third quarter worth about $91,000. Finally, Ritholtz Wealth Management raised its position in shares of Profire Energy by 343.4% in the fourth quarter. Ritholtz Wealth Management now owns 57,433 shares of the oil and gas company’s stock valued at $104,000 after purchasing an additional 44,479 shares during the period. Hedge funds and other institutional investors own 38.51% of the company’s stock.

Profire Energy Company Profile

Profire Energy, Inc, a technology company, engages in the engineering and design of burner, and combustion management systems and solutions for natural and forced draft applications in the United States and Canada. It primarily focuses on the upstream, midstream, and downstream transmission segments of the oil and gas industry.