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This Week’s Stock Picks & BNN Top Picks Summary: AMD-Q, PET-T and 27 Stock Top Picks (Sep 27-Oct 03)Pyxis Tankers Inc. is a American stock, trading under the symbol PXS-Q on the NASDAQ (PXS). It is usually referred to as NASDAQ:PXS or PXS-Q
In the last year, there was no coverage of Pyxis Tankers Inc. published on Stockchase.
Pyxis Tankers Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Pyxis Tankers Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Pyxis Tankers Inc. In the last year. It is a trending stock that is worth watching.
On 2024-10-04, Pyxis Tankers Inc. (PXS-Q) stock closed at a price of $5.11.
We reiterate this tanker operator as a TOP PICK. Management announced a higher 91% capacity utilization rate at charter costs 78% higher than a year ago. We like that quarterly cash reserves are growing, while the company continues its share buyback program. It trades at 3x earnings, under book value and supports a ROE of 38%. We recommend trailing up the stop (from $4.25) to $4.75, looking to achieve $6.50 -- upside potential of 28%. Yield 0%
(Analysts’ price target is $10.00)