If you are looking for stock that will yield greater returns on your investment, PXS stock can be a profitable investment option.
In this article, we will show you all you need to know about the PXS Stock, how you can buy the stock with ease, and expert price prediction from 2023 to 2030.
About Pyxis Stock
Pyxis stock is the capital market instrument of Pyxis Tankers Inc., an international maritime transportation holding company.
Pyxis is focused on the ownership and operation of a fleet of product tankers. It involves in the seaborne transportation and shipping of petroleum products and wholesale liquids.
The company was founded by Valentios Valentis on March 23, 2015 with headquarters in Maroussi, Greece.
Is Pyxis Stock Publicly Traded?
Yes. The maritime investment company went public under the NASDAQ stock exchange at the fall of 2015 following a merger. It operates under the ticker symbol PXS i.e (NASDAQ:PXS). The share price of Pyxis today is $4.87.
Pyxis Stock Price Target
The 1 analysts offering 12-month price forecasts for Pyxis Tankers Inc, have a median target of 8.00 with a high estimate of 8.00 and a low estimate of 8.00. The median estimate represents a +39.12 % increase from the last price of 4.87.
Penworldgurus forecast price for PXS pointed to a long-term increase. A 12-month price target has a median price of 9.00 with a high estimate of 18.00 and low estimate of 3.50. The median estimate represents a +45.88% increase from the last price of 4.87.
Is Pyxis a Good Buy Now?
Pyxis Tankers Inc has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Portfolio analysts have issued twelve-month price objectives for Pyxis Tankers’ shares. Their PXS share price forecasts range from $5.00 to $8.00. On average, they expect the company’s stock price to reach $6.25 in the next twelve months. This suggests a possible upside of 28.3% from the stock’s current price.
The consensus among Wall Street analysts is that investors should “buy” PXS shares. 4 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Pyxis Tankers in the last twelve months. There are currently 4 buy ratings for the stock.
There is a consensus among 7 polled investment analysts that PXS is a good buy. This rating has held stable since August 2022 and remained unchanged.
Also, the consensus among 1 Wall Street analyst covering (NASDAQ:PXS) stock is that PXS is a good buy now. This follows that out of 1 analyst: 1 (100%) recommended PXS as Strong Buy, 0 (0%) recommended RDW as both hold and sell.
How you can Buy Pyxis Stock
To buy the Pyxis stock you must follow the steps below:
Step 1: Compare Trading Platforms
This will help you make a good choice of brokerage that suits your investment target. Use some comparison tables to help you find a platform that fits you.
Shares of PXS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Step 2: Open Your Brokerage Account
Find a broker that suits your investment needs and ensure it trades in the exchange platform that holds NASDAQ:PXS.
This is your trading account to be opened with the brokerage firm. You must complete an application with your details and follow other procedures required by your broker.
Step 3: Confirm Your Payment Details.
You need to deposit sufficient money to your account so that you can trade. Ensure your payment detail is correct before you make such transfer using appropriate payment means.
Step 4: Research the Stock
Conduct a research online to locate the stock you want to buy. Find the stock by name or ticker symbol, in this case, PXS, and research it before deciding if it is a good investment for you now.
Step 5: Purchase Now or Later
Buy your preferred quantity of PXS stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 6: Check In On Your Investment
Optimize your portfolio by tracking your stock regularly so as to know when your investment target is attained or when it is desirable for you to change investment strategy.
Pyxis Stock Price Prediction – 2023, 2024-2030
The prediction used Moving Average and Discounted Cash Flow (DCF) Models to evaluate the PXS historical price movement with underlining stock theories.
Pyxis Stock Price Prediction 2023
Pyxis Stock price is estimated to reach maximum at $22.56 by the end of 2023. The price is estimated to drop to as low as $4.07
The average price is expected to reach $13.31. This means Pyxis stock price value may reach $13.00 per share by the end of 2023. Average implied price volatility is measured at 10.02%.
Pyxis Stock Price Prediction 2024
In 2024, analysts predict that Pyxis Stock will attain maximum trading price of $38.69 and the minimum price is projected to reach $5.17.
The average price is estimated at $21.93 in the year, meaning that Pyxis stock will trade at about of $21.90 per share given average implied price volatility at 8.31%.
Pyxis Stock Price Prediction 2025
The year 2025 is projected to reach maximum price of $51.04 and a minimum price value of $6.92.
The average price is estimated as $28.98 with average implied price volatility at 10.40%. We conclude that Pyxis will trade at $29.00 per share in the year.
Pyxis Stock Price Prediction 2026
Technical analysis by stock experts shows that the price of Pyxis Stock in 2026 will reach $7.19 minimum and $63.80 maximum.
The average trading price is $35.40, average implied price volatility measured at 9.12%. We conclude Pyxis will trade at about $35.00 per share in the year.
Pyxis Stock Price Prediction 2027
Based on the projected long term positive signals for Pyxis stock, the price is predicted to a minimum of $7.91 and reaching the maximum at $82.50
The average price is estimated at $45.20while average implied price volatility is measured as 10.16%. There is evidence that the price of Pyxis will reach $45.00 per share in the year 2027.
Pyxis Stock Price Prediction 2028
The year 2028 will maintains the growing trend of Pyxis. It is expected to reach a maximum of $90.53 and a minimum of $10.02.
The average trading price is $50.27 and average implied price volatility measured at 10.03%. There is evidence that Pyxis may reach $50.00 per share in 2028.
Pyxis Stock Price Prediction 2029
Since Pyxis is projected to continue with a long term growth, analysts expect steady upward swing in 2029. It is estimated there will be $11.39 minimum price and $110.41 maximum price during the year.
On the average, the Pyxis trading price is estimated at $60.90. Average implied price volatility is 9.06%. There is evidence Pyxis will reach almost $61.00 per share this year.
Pyxis Stock Price Prediction 2030
We expect Pyxis Stock to reach maximum at $127.19 by the year 2030 with the minimum price value expected at $13.58.
The average price of Pyxis is estimated at $70.38. This means Pyxis stock will reach $70.00 per share in the year 2030 with about 10.03% average implied price volatility.
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