Perma-Fix Environmental Services (NASDAQ:PESI – Get Free Report) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Monday.
Separately, TheStreet raised shares of Perma-Fix Environmental Services from a “d+” rating to a “c-” rating in a research note on Thursday, February 22nd.
Read Our Latest Stock Analysis on PESI
Perma-Fix Environmental Services Trading Up 0.4 %
Perma-Fix Environmental Services (NASDAQ:PESI – Get Free Report) last issued its quarterly earnings data on Wednesday, March 13th. The industrial products company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $22.72 million during the quarter, compared to the consensus estimate of $22.30 million. Perma-Fix Environmental Services had a net margin of 0.54% and a return on equity of 2.38%. Equities research analysts predict that Perma-Fix Environmental Services will post -0.11 earnings per share for the current year.
Hedge Funds Weigh In On Perma-Fix Environmental Services
A number of hedge funds have recently made changes to their positions in PESI. Essex Investment Management Co. LLC lifted its holdings in Perma-Fix Environmental Services by 1.6% during the 1st quarter. Essex Investment Management Co. LLC now owns 189,450 shares of the industrial products company’s stock worth $2,253,000 after buying an additional 2,914 shares in the last quarter. Legato Capital Management LLC lifted its holdings in Perma-Fix Environmental Services by 37.3% during the 4th quarter. Legato Capital Management LLC now owns 75,031 shares of the industrial products company’s stock worth $590,000 after buying an additional 20,396 shares in the last quarter. Citigroup Inc. acquired a new stake in Perma-Fix Environmental Services during the 3rd quarter worth approximately $383,000. Quadrature Capital Ltd lifted its holdings in Perma-Fix Environmental Services by 11.6% during the 4th quarter. Quadrature Capital Ltd now owns 34,029 shares of the industrial products company’s stock worth $267,000 after buying an additional 3,545 shares in the last quarter. Finally, Bailard Inc. acquired a new stake in Perma-Fix Environmental Services during the 4th quarter worth approximately $249,000. Hedge funds and other institutional investors own 25.52% of the company’s stock.
Perma-Fix Environmental Services Company Profile
Perma-Fix Environmental Services, Inc, through its subsidiaries, operates as an environmental and technology know-how company in the United States. The company through Treatment and Services segments. The Treatment segment offers nuclear, low-level radioactive, mixed waste, hazardous and non-hazardous waste treatment, and processing and disposal services through treatment and storage facilities.
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