Should you consider NASDAQ:PFIE for growth investing?

In this article we will dive into PROFIRE ENERGY INC (NASDAQ:PFIE) as a possible candidate for growth investing. Investors should always do their own research, but we noticed PROFIRE ENERGY INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Some of the growth metrics of NASDAQ:PFIE highlighted

• The Return on Equity(ROE) of PROFIRE ENERGY INC is 15.98%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• With a track record of beating EPS estimates 3 times in the last 4 quarters, PROFIRE ENERGY INC showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
• With notable 1-year revenue growth of 62.36%, PROFIRE ENERGY INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
• PROFIRE ENERGY INC has demonstrated strong q2q revenue growth of 49.94%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• PROFIRE ENERGY INC has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
• With positive growth in its free cash flow (FCF) over the past year, PROFIRE ENERGY INC showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• The earnings per share (EPS) of PROFIRE ENERGY INC have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 500.0% increase. This reflects the company's ability to improve its profitability over time.
• PROFIRE ENERGY INC has seen a 23.8% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
• The quarterly earnings of PROFIRE ENERGY INC have shown a 500.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• accelerating EPS growth for PROFIRE ENERGY INC: the current Q2Q growth of 500.0% exceeds the previous year Q2Q growth of 200.0%.

What else is there to say on the fundamentals of NASDAQ:PFIE?

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Taking everything into account, PFIE scores 6 out of 10 in our fundamental rating. PFIE was compared to 67 industry peers in the Energy Equipment & Services industry. While PFIE has a great health rating, its profitability is only average at the moment. PFIE has a correct valuation and a medium growth rate.

For an up to date full fundamental analysis you can check the fundamental report of PFIE

More growth stocks can be found in our Lois Navellier screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.