Pioneer Power Solutions, Inc. (NASDAQ:PPSI) Plans Dividend of $1.50

Posted by Amber O'Connor on Dec 15th, 2024

Pioneer Power Solutions, Inc. (NASDAQ:PPSI – Get Free Report) declared a dividend on Thursday, November 14th,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 17th will be given a dividend of 1.50 per share on Tuesday, January 7th. The ex-dividend date is Tuesday, December 17th. This is a positive change from Pioneer Power Solutions’s previous dividend of $0.12.

Pioneer Power Solutions Stock Performance

NASDAQ PPSI opened at $5.81 on Friday. The stock has a 50-day simple moving average of $6.03 and a two-hundred day simple moving average of $4.94. The firm has a market capitalization of $63.97 million, a P/E ratio of -8.54 and a beta of 0.68. Pioneer Power Solutions has a fifty-two week low of $3.35 and a fifty-two week high of $7.30. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.69 and a current ratio of 1.41.

Pioneer Power Solutions (NASDAQ:PPSI – Get Free Report) last posted its earnings results on Tuesday, October 8th. The company reported ($0.21) EPS for the quarter. Pioneer Power Solutions had a negative net margin of 20.91% and a negative return on equity of 45.67%. The business had revenue of $6.34 million for the quarter. On average, equities analysts forecast that Pioneer Power Solutions will post 0.32 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PPSI. HC Wainwright reiterated a “buy” rating and issued a $12.00 price objective on shares of Pioneer Power Solutions in a report on Thursday, October 31st. StockNews.com upgraded Pioneer Power Solutions to a “sell” rating in a report on Saturday, November 2nd.

Read Our Latest Stock Report on PPSI

About Pioneer Power Solutions

(Get Free Report)

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.