Is it time to Buy before this week’s earning report Pyxis Tankers (NASDAQ:PXS)

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Earnings results for Pyxis Tankers (NASDAQ:PXS)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at -0.06 and remained the same over the past month at -0.06. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at -0.17 and remained the same over the past month at -0.17 . none raised and none lowered their forecast.

Pyxis Tankers last posted its quarterly earnings data on June 3rd, 2020. The transportation company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by $0.01. The firm earned $6.64 million during the quarter, compared to analysts’ expectations of $6.29 million. Pyxis Tankers has generated ($0.26) earnings per share over the last year. Pyxis Tankers has confirmed that its next quarterly earnings report will be published on Monday, August 10th, 2020.

Analyst Opinion on Pyxis Tankers (NASDAQ:PXS)

2 Wall Street analysts have issued ratings and price targets for Pyxis Tankers in the last 12 months. Their average twelve-month price target is $2.25, suggesting that the stock has a possible upside of 155.97%. The high price target for PXS is $2.50 and the low price target for PXS is $2.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Pyxis Tankers has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $2.25, Pyxis Tankers has a potential upside of 156.0% from its current price of $0.88. Pyxis Tankers has received no research coverage in the past 90 days.

Dividend Strength: Pyxis Tankers (NASDAQ:PXS)

Pyxis Tankers does not currently pay a dividend. Pyxis Tankers does not have a long track record of dividend growth.

Insiders buying/selling: Pyxis Tankers (NASDAQ:PXS)

In the past three months, Pyxis Tankers insiders have not sold or bought any company stock.

Earnings and Valuation of Pyxis Tankers (NASDAQ:PXS

The P/E ratio of Pyxis Tankers is -2.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Pyxis Tankers is -2.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Pyxis Tankers has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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