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Pyxis Tankers
(NASDAQ:PXS)
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Rating:77Outperform
Price Target:
$9.00
▲(67.91% Upside)
Action:Reiterated
Date:10/09/26
The score is driven primarily by improving financial performance (strong TTM margins and positive free cash flow) tempered by cyclical volatility and meaningful leverage. Technicals add a strong boost due to clear upward price trend and positive momentum indicators, while valuation is moderately supportive given the low P/E.
Positive Factors
Strong TTM profitability
Strong trailing-twelve-month profitability indicates that the fleet and chartering platform are currently converting revenue into meaningful earnings. If maintained, these margins can support vessel upkeep, debt service, and internally funded growth while strengthening resilience across the shipping cycle.
Negative Factors
Cyclical earnings and revenue volatility
Shipping earnings depend heavily on freight markets and vessel employment, so volatile revenue and margins make sustainable earnings harder to forecast. Periodic downturns can weaken utilization and pricing, reducing cash available for debt reduction, maintenance, and shareholder-oriented capital allocation.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong TTM profitability
Strong trailing-twelve-month profitability indicates that the fleet and chartering platform are currently converting revenue into meaningful earnings. If maintained, these margins can support vessel upkeep, debt service, and internally funded growth while strengthening resilience across the shipping cycle.
Read all positive factors
Pyxis Tankers (PXS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$74.54M
Dividend YieldN/A
Average Volume (3M)126.18K
Price to Earnings (P/E)9.0
Beta (1Y)0.42
Revenue Growth-5.01%
EPS GrowthN/A
CountryUS
Employees8
SectorEnergy
Sector Strength52
IndustryMarine Shipping
Share Statistics
EPS (TTM)0.81
Shares Outstanding10,239,164
10 Day Avg. Volume100,572
30 Day Avg. Volume126,183
Financial Highlights & Ratios
PEG Ratio-0.19
Price to Book (P/B)0.31
Price to Sales (P/S)0.75
P/FCF Ratio2.27
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue1.77
Enterprise Value/Gross Profit4.07
Enterprise Value/Ebitda3.37
Forecast
1Y Price Target
$11.50Price Target Upside114.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.04
Revenue Forecast (FY)$44.32M
Pyxis Tankers Business Overview & Revenue Model
Company Description
Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker and dry-bulk sectors in the United States and internationally. It operates through two segments: Tanker Vessels and Dry-Bulk Vessels. The company’s fleet t...
How the Company Makes Money
Pyxis Tankers primarily makes money by earning charter hire from customers that use its tanker vessels to transport cargoes. Its core revenue stream is time charter income, where a charterer pays a daily (or periodic) rate to employ a vessel for a...
Pyxis Tankers Earnings Call Summary
Earnings Call Date:Nov 22, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Nov 19, 2026
Earnings Call Sentiment Positive
The earnings call presented a strong financial performance with significant revenue growth and successful expansion into the dry-bulk sector. Despite facing challenges such as soft charter rates and geopolitical uncertainties, the company maintains a positive market outlook and strategic financial management. The highlights outweigh the lowlights, indicating a positive sentiment.Positive Updates
Strong Financial Performance and Revenue Growth
Consolidated time charter equivalent revenues (TCE) of $11.7 million in Q3 2024, marking an increase of over 25% from the same period in 2023. Net income of $3.5 million or $0.34 basic EPS, representing a $0.05 per share improvement compared to Q3 2023.
Negative Updates
Challenges in China
Slower global economic activity, especially in China, impacting worldwide trade and chartering rates.
Read all updates
Q3-2024 Updates
Positive
Negative
Strong Financial Performance and Revenue Growth
Consolidated time charter equivalent revenues (TCE) of $11.7 million in Q3 2024, marking an increase of over 25% from the same period in 2023. Net income of $3.5 million or $0.34 basic EPS, representing a $0.05 per share improvement compared to Q3 2023.
Read all positive updates
Company Guidance
During the Q3 2024 earnings call for Pyxis Tankers, guidance was provided by executives Eddie Valentis and Henry Williams. The company reported a solid financial performance, driven by favorable market conditions and a successful expansion into the dry-bulk sector. Key metrics included a consolidated time charter equivalent (TCE) revenue of $11.7 million, marking a 25% increase from the previous year, and an adjusted EBITDA rise to $6.7 million. Net income was reported at $3.5 million with a basic EPS of $0.34, showing a $0.05 per share improvement compared to Q3 2023. For Q4 2024, 69% of available days for MR vessels were booked at an average estimated TCE rate of $24,630 per day, while 55% of available days for bulk carriers were booked at an average TCE of $13,190 per day. The company emphasized its commitment to pursuing accretive investment opportunities, maintaining a strong balance sheet, and continuing its common share repurchase program.Pyxis Tankers Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
64
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 42.35M | 38.99M | 51.54M | 45.47M | 58.34M | 25.34M |
| Gross Profit | 18.35M | 13.88M | 28.27M | 27.11M | 22.41M | -1.60M |
| EBITDA | 22.19M | 14.09M | 25.67M | 47.89M | 23.93M | -4.48M |
| Net Income | 8.47M | 1.99M | 12.87M | 37.04M | 13.39M | -15.62M |
Balance Sheet | ||||||
| Total Assets | 195.38M | 193.41M | 188.88M | 166.31M | 138.98M | 142.56M |
| Cash, Cash Equivalents and Short-Term Investments | 58.15M | 53.55M | 38.24M | 54.54M | 7.56M | 6.18M |
| Total Debt | 83.24M | 87.25M | 84.52M | 60.95M | 70.88M | 82.58M |
| Total Liabilities | 88.55M | 92.02M | 89.22M | 65.45M | 77.61M | 93.71M |
| Stockholders Equity | 99.73M | 95.16M | 93.38M | 96.54M | 61.37M | 48.85M |
Cash Flow | ||||||
| Free Cash Flow | 14.85M | 12.91M | -26.32M | -10.57M | 4.72M | -44.09M |
| Operating Cash Flow | 15.25M | 13.61M | 18.85M | 21.44M | 8.27M | -896.00K |
| Investing Cash Flow | 13.54M | -1.36M | -42.16M | 12.21M | 4.95M | -43.19M |
| Financing Cash Flow | 1.94M | 2.06M | 9.57M | -7.50M | -12.91M | 49.93M |
Pyxis Tankers Technical Analysis
Neutral
5.36
Price Trends
6.64
Positive
5.57
Positive
4.79
Positive
Market Momentum
0.21
Positive
50.95
Neutral
15.91
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PXS, the sentiment is Neutral. The current price of 5.36 is below the 20-day moving average (MA) of 7.47, below the 50-day MA of 6.64, and above the 200-day MA of 4.79, indicating a neutral trend. The MACD of 0.21 indicates Positive momentum. The RSI at 50.95 is Neutral, neither overbought nor oversold. The STOCH value of 15.91 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PXS.
Pyxis Tankers Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $74.54M | 8.99 | 8.79% | ― | -5.01% | ― | |
66 Neutral | $19.52M | 0.62 | 10.21% | 0.20% | 34.61% | -41.81% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | $15.46M | 0.18 | 15.86% | ― | 33.15% | ― | |
63 Neutral | $65.39M | 9.86 | 3.80% | 14.68% | 47.79% | ― | |
57 Neutral | $2.96M | -1.34 | 2.21% | ― | -29.35% | -112.70% | |
47 Neutral | $23.00M | -11.87 | -3.03% | 15.98% | -16.73% | 72.04% |
* Energy Sector Average
PXS
Pyxis Tankers
7.29
4.46
157.60%
PSHG
Performance Shipping
1.62
-0.41
-20.20%
GLBS
Globus Maritime
3.05
1.87
158.47%
TOPS
Top Ships
0.34
-5.65
-94.37%
CTRM
Castor Maritime
1.59
-0.49
-23.56%
USEA
United Maritime Corp.
2.42
1.02
72.36%
Pyxis Tankers Corporate Events
Pyxis Tankers Sets August 31 Release for Second-Quarter 2026 Results
Sep 4, 2026
Pyxis Tankers Inc., a Greece-based international shipping company listed on NASDAQ, specializes in transporting refined petroleum products and dry bulk commodities with a fleet of six mid-sized eco-vessels, including MR product tankers and Kamsarm...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.