For its third fiscal quarter (ending September 30), Pyxis Tankers Inc (NASDAQ: PXS) has reported a -40% decline in E.P.S. from $0.48 a year ago to $0.29 in the current quarter. For the latest four quarters through September 30, E.P.S. were $1.96 compared to $0.01 a year ago — an increase of 19500%.
Recent Price Action
Pyxis Tankers Inc (NASDAQ: PXS) stock closed at $4.22 on 11/20/23 after a very large increase of 5.8%. The stock has risen 17.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PXS is expected to continue to be a major Value Builder.
Pyxis Tankers has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Pyxis Tankers has a good Appreciation Score of 72 but a slightly negative Power Rating of 35, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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