Exploring NASDAQ:PFIE's growth characteristics.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if PROFIRE ENERGY INC (NASDAQ:PFIE) is suited for growth investing. Investors should of couse do their own research, but we spotted PROFIRE ENERGY INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NASDAQ:PFIE highlighted

• The recent financial report of PROFIRE ENERGY INC demonstrates a 400.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• With impressive quarter-to-quarter (Q2Q) revenue growth of 53.14%, PROFIRE ENERGY INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• PROFIRE ENERGY INC has achieved 25.99% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• The Return on Equity(ROE) of PROFIRE ENERGY INC is 11.91%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• PROFIRE ENERGY INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 95.36 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. PROFIRE ENERGY INC is well-positioned for potential price growth opportunities.
• With a current Debt-to-Equity ratio at 0.0, PROFIRE ENERGY INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• PROFIRE ENERGY INC exhibits a favorable ownership structure, with an institutional shareholder ownership of 43.96%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Technical analysis 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 10 out of 10 to PFIE. Both in the recent history as in the last year, PFIE has proven to be a steady performer, scoring decent points in every aspect analyzed.

• Both the short term and long term trends are positive. This is a very positive sign.
• When comparing the yearly performance of all stocks, we notice that PFIE is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by PFIE over the past year are nicely spread over this period.
• PFIE is part of the Energy Equipment & Services industry. There are 67 other stocks in this industry. PFIE outperforms 71% of them.
• A new 52 week high is currently being made by PFIE, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so PFIE is leading the market.
• In the last month PFIE has a been trading in the 1.28 - 2.02 range, which is quite wide. It is currently trading near the high of this range.
• Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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

A complete fundamental analysis of NASDAQ:PFIE

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple 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. PFIE has an excellent financial health rating, but there are some minor concerns on its profitability. PFIE is not valued too expensively and it also shows a decent growth rate.

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

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.