Delving into NASDAQ:PFIE's Growth Prospects.

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 CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NASDAQ:PFIE may be interesting for canslim investors.

• 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 demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 49.94%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• Over the past 3 years, PROFIRE ENERGY INC has demonstrated 25.99% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• With a favorable Return on Equity (ROE) of 15.98%, PROFIRE ENERGY INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• PROFIRE ENERGY INC has achieved an impressive Relative Strength (RS) rating of 95.04, showcasing its ability to outperform the broader market. This strong performance positions PROFIRE ENERGY INC as an attractive stock for potential price appreciation.
• With a Debt-to-Equity ratio at 0.0, PROFIRE ENERGY INC showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• PROFIRE ENERGY INC demonstrates a balanced ownership structure, with institutional shareholders at 42.64%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Deciphering the Technical Picture of NASDAQ:PFIE

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

We assign a technical rating of 3 out of 10 to PFIE. Although PFIE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

• Looking at the yearly performance, PFIE did better than 95% of all other stocks. On top of that, PFIE also shows a nice and consistent pattern of rising prices.
• PFIE is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 83% of 66 stocks in the same industry.
• The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
• PFIE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PFIE is lagging the market slightly.

Check the latest full technical report of PFIE for a complete technical analysis.

Zooming in on the fundamentals.

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Taking everything into account, PFIE scores 7 out of 10 in our fundamental rating. PFIE was compared to 66 industry peers in the Energy Equipment & Services industry. While PFIE has a great health rating, its profitability is only average at the moment. An interesting combination arises when we look at growth and value: PFIE is growing strongly while it also seems undervalued. These ratings could make PFIE a good candidate for value and growth investing.

Our latest full fundamental report of PFIE contains the most current fundamental analsysis.

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.