PFIE - Profire Energy Has A Strong Balance Sheet But Margin Pressure Can Hold It Back
Profire Is Unlikely To Run High Now
Profire Energy (PFIE) provides products and technologies related to burner-management systems (or BMS) and chemical solutions in North America. The current energy market headwind and the costs of increased marketing efforts will continue to affect the operating margin level, adversely in Q4. I do not think the stock price will soar anytime soon.
It is trying to encounter the growth slowdown through acquisitions, building new direct relationships with the resellers and end-users, and targeting the downstream industry. The marketing of the PF 2200 and PF3100, the