pioneer power solutions, inc. is an industry leader in the design and manufacture of electrical equipment for customers in the north american utility, industrial, commercial, oem and critical power markets. our product portfolio includes a wide range of liquid-filled and dry-type power, distribution and specialty electrical transformers, magnetic products used in the control and conditioning of electrical current for critical processes. recently, we increased our capabilities to include specialized forms of switchgear and controls that protect facilities against power outages and can manage the generation and distribution of electricity in concert with the power grid. through our business units, we pride ourselves in a 95+ year tradition of meeting the highest standards for design technology, product quality, durability and on-time delivery in a demanding and rapidly changing marketplace. while we manufacture many types of transmission and distribution equipment for general purpose app
Company profile
Ticker
PPSI
Exchange
Website
CEO
Nathan J. Mazurek
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SIERRA CONCEPTS, INC.
SEC CIK
Corporate docs
Subsidiaries
Pioneer Custom Electrical Products Corp. • Titan Energy Systems Inc. ...
PPSI stock data
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
2 Apr 24
8-K
Pioneer Achieves 51% Year-Over-Year Increase in Revenue, Reaching $40.8 Million
1 Apr 24
8-K
Departure of Directors or Certain Officers
2 Jan 24
8-K
Company Maintains $33.6 Million Backlog after Record Revenue Quarter
14 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Departure of Directors or Certain Officers
13 Nov 23
ARS
2022 FY
Annual report to shareholders
25 Sep 23
8-K
Departure of Directors or Certain Officers
22 Sep 23
DEFA14A
Additional proxy soliciting materials
21 Sep 23
DEF 14A
Definitive proxy
21 Sep 23
Transcripts
PPSI
Earnings call transcript
2023 Q4
1 Apr 24
PPSI
Earnings call transcript
2023 Q3
15 Nov 23
PPSI
Earnings call transcript
2023 Q2
14 Aug 23
PPSI
Earnings call transcript
2023 Q1
15 May 23
PPSI
Earnings call transcript
2022 Q4
30 Mar 23
PPSI
Earnings call transcript
2022 Q3
15 Nov 22
PPSI
Earnings call transcript
2022 Q2
16 Aug 22
PPSI
Earnings call transcript
2022 Q1
17 May 22
PPSI
Earnings call transcript
2021 Q4
1 Apr 22
PPSI
Earnings call transcript
2021 Q3
17 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.58 mm | 7.58 mm | 7.58 mm | 7.58 mm | 7.58 mm | 7.58 mm |
Cash burn (monthly) | 681.00 k | (no burn) | (no burn) | (no burn) | 198.00 k | 172.00 k |
Cash used (since last report) | 4.50 mm | n/a | n/a | n/a | 1.31 mm | 1.14 mm |
Cash remaining | 3.08 mm | n/a | n/a | n/a | 6.27 mm | 6.44 mm |
Runway (months of cash) | 4.5 | n/a | n/a | n/a | 31.7 | 37.5 |
Institutional ownership, Q2 2023
11.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 24 |
Opened positions | 11 |
Closed positions | 4 |
Increased positions | 7 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 9.08 bn |
Total shares | 1.09 mm |
Total puts | 100.80 k |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
EAM Investors | 295.97 k | $2.49 bn |
Atria Wealth Solutions | 295.08 k | $2.48 bn |
Vanguard | 169.22 k | $1.42 bn |
BLK Blackrock | 46.87 k | $393.67 mm |
Geode Capital Management | 42.76 k | $359.14 mm |
Bridgeway Capital Management | 38.10 k | $320.04 mm |
Blair William & Co | 33.24 k | $279.22 mm |
Insight Advisors, LLC/ PA | 33.24 k | $279.22 mm |
Susquehanna International | 23.89 k | $200.68 mm |
Dimensional Fund Advisors | 22.83 k | $191.80 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Sep 23 | Mazurek Nathan | Common Stock, par value $0.001 per share | Payment of exercise | Dispose F | No | No | 6.15 | 44,363 | 272.83 k | 1,966,496 |
20 Sep 23 | Wojciech Michalec | Common Stock, par value $0.001 per share | Payment of exercise | Dispose F | No | No | 6.15 | 72,719 | 447.22 k | 177,281 |
12 Sep 23 | Mazurek Nathan | Common Shares, par value $0.001 per share | Buy | Acquire P | No | No | 6.0876 | 10,000 | 60.88 k | 2,010,859 |
16 May 23 | Cohn Yossi | Stock Option Common Stock | Grant | Acquire A | No | No | 5.25 | 10,000 | 52.50 k | 10,000 |
16 May 23 | Tesler David | Stock Option Common Stock | Grant | Acquire A | No | No | 5.25 | 10,000 | 52.50 k | 10,000 |
News
Lake Street Maintains Buy on Pioneer Power Solutions, Lowers Price Target to $9
2 Apr 24
Why Stryve Foods Shares Are Trading Lower By Around 25%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
2 Apr 24
12 Industrials Stocks Moving In Tuesday's Intraday Session
2 Apr 24
HC Wainwright & Co. Maintains Buy on Pioneer Power Solutions, Maintains $12 Price Target
2 Apr 24
Pioneer Power Solutions Q4 EPS $(0.07) Misses $0.01 Estimate, Sales $7.70M Miss $10.89M Estimate
2 Apr 24
Press releases
Pioneer Achieves 51% Year-Over-Year Increase in Revenue, Reaching $40.8 Million
1 Apr 24
Pioneer Power Enters $2.4 Billion Residential Power and EV Charging Market with HOMe-Boost, an Integrated Distributed Generation and EV Charging Product for U.S. Homeowners
19 Mar 24
Pioneer Power to Host 2023 Fourth Quarter and Year-End Financial Results Conference Call on Monday, April 1, 2024 at 5:00 p.m. ET
14 Mar 24
Pioneer Power Launches New Modular, E-Bloc Charge Port Series and Immediately Books Initial Orders Valued at More Than $2 Million
8 Feb 24
Pioneer Power Partners with NOMAD Transportable Power Systems to Launch New Zero-Emission, Mobile EV Charging Platform and Re-charging Solutions
23 Jan 24