Pyxis Tankers (PXS) AI Stock Analysis

• Market Cap: $34.60M
• Dividend Yield: N/A
• Average Volume (3M): 18.89K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: -23.25%
• EPS Growth: -107.24%
• Country: US
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Marine Shipping
• EPS (TTM): 0.11
• Shares Outstanding: 10,485,865
• 10 Day Avg. Volume: 20,392
• 30 Day Avg. Volume: 18,891
• PEG Ratio: -0.04
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.80
• P/FCF Ratio: -1.57
• Enterprise Value/Market Cap: 2.44
• Enterprise Value/Revenue: 2.09
• Enterprise Value/Gross Profit: 5.24
• Enterprise Value/Ebitda: 6.63
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: $3.50 ▲(15.89% Upside)

The overall stock score for Pyxis Tankers is 52, reflecting a mixed financial performance with declining revenue and profit margins, moderate leverage, and improving cash flow. Technical analysis shows a neutral outlook with weak momentum. Valuation is challenging due to a negative P/E ratio and no dividend yield. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Improving cash generation

Free cash flow growth and strong operating cash conversion indicate the company is enhancing its internal funding capacity. Over 2–6 months this supports capital expenditures, maintenance of a modern fleet, debt servicing and optional shareholder returns, reducing reliance on external financing.

Manageable leverage

A moderate debt-to-equity ratio around 0.85 and a stable equity base provide financial flexibility in a cyclical industry. This leverage profile helps absorb freight volatility, supports refinancing or fleet investment decisions, and lowers insolvency risk over the medium term.

Flexible chartering model & operational margins

Combining time charters for steady cash with spot charters for upside gives structural revenue diversification. Coupled with maintained positive EBIT/EBITDA margins, this highlights operational efficiency and resilience that can sustain earnings through shipping cycles.

Negative Factors

Declining revenue trend

Persistent revenue declines reflect weakening demand or market share pressure in refined-products shipping. Over months this erodes operating leverage, constrains reinvestment in the fleet, and makes it harder to restore margins and stable earnings as market conditions normalize.

Low shareholder returns

A very low ROE indicates difficulty converting asset and equity base into profit. Structurally this limits the company's ability to generate attractive long-term shareholder returns and suggests inefficiencies or underutilized assets that could persist without strategic change.

Revenue and margin volatility from charter exposure

Reliance on spot charters for revenue upside creates structural earnings volatility tied to freight cycles. Even with time-charter coverage, the mixed model leaves earnings and margins exposed to prolonged market downturns, complicating long-range planning and capital allocation.

Pyxis Tankers Business Overview & Revenue Model

Company Description

Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals. As of March 31, 2022, the company operated a fleet of five tankers. Pyxis Tankers Inc. was incorporated in 2015 and is based in Maroussi, Greece.

How the Company Makes Money

Pyxis Tankers generates revenue primarily through the chartering of its fleet to various oil and chemical companies. The company employs a mix of time charters and spot market charters, allowing it to benefit from fluctuating market rates. Time charters provide a steady income stream for longer periods, while spot market charters can capitalize on high demand and favorable pricing at specific times. Additionally, Pyxis Tankers may enter into strategic partnerships with industry players to secure long-term contracts, enhancing revenue stability. The company's profitability is influenced by shipping rates, operational efficiency, and the utilization of its vessels.

Pyxis Tankers Financial Statement Overview

Summary

Pyxis Tankers shows a mixed financial picture. The income statement indicates declining revenue and profit margins, while the balance sheet reflects moderate leverage and low returns on equity. The cash flow statement shows improving cash generation, although alignment with earnings could be better. Overall, the company faces challenges in maintaining profitability and growth, but operational efficiencies and cash flow improvements provide some stability.

Income Statement

Pyxis Tankers shows a mixed performance in its income statement. The TTM data indicates a decline in revenue growth rate by 9.18%, reflecting a challenging market environment. Gross profit margin and net profit margin have decreased significantly compared to previous years, indicating pressure on profitability. However, the company has managed to maintain a positive EBIT and EBITDA margin, suggesting operational efficiency improvements. The overall trajectory shows volatility with potential risks due to fluctuating revenue and profit margins.

Balance Sheet

The balance sheet of Pyxis Tankers reflects moderate financial stability. The debt-to-equity ratio has improved over the years, currently standing at 0.85, indicating a manageable level of leverage. Return on equity is low at 0.29% in the TTM, showing limited profitability for shareholders. The equity ratio is stable, suggesting a balanced asset structure. While the company has reduced its leverage, the low ROE highlights challenges in generating returns.

Cash Flow

Cash flow analysis reveals a positive trend with a 9.58% growth in free cash flow in the TTM, indicating improved cash generation capabilities. The operating cash flow to net income ratio is strong at 1.33, suggesting efficient conversion of earnings into cash. However, the free cash flow to net income ratio is slightly below 1, indicating that not all earnings are translating into free cash flow. Overall, the cash flow position is strengthening, but there is room for improvement in aligning earnings with cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	40.49M	51.54M	45.47M	58.34M	25.34M	21.71M
Gross Profit	16.14M	28.27M	27.11M	22.41M	-1.60M	2.15M
EBITDA	12.74M	25.67M	48.28M	24.32M	-4.07M	2.15M
Net Income	272.00K	12.87M	37.04M	13.39M	-15.62M	-11.54M
Balance Sheet
Total Assets	183.76M	188.88M	166.31M	138.98M	142.56M	93.19M
Cash, Cash Equivalents and Short-Term Investments	42.90M	38.24M	54.54M	7.56M	6.18M	1.62M
Total Debt	78.85M	84.52M	60.95M	70.88M	82.58M	58.59M
Total Liabilities	84.37M	89.22M	65.45M	77.61M	93.71M	63.63M
Stockholders Equity	93.28M	93.38M	96.54M	61.37M	48.85M	29.56M
Cash Flow
Free Cash Flow	16.65M	-26.32M	-10.57M	4.72M	-44.09M	-13.60M
Operating Cash Flow	17.47M	18.85M	21.44M	8.27M	-896.00K	-13.03M
Investing Cash Flow	2.42M	-42.16M	12.21M	4.95M	-43.19M	12.63M
Financing Cash Flow	-16.36M	9.57M	-7.50M	-12.91M	49.93M	-739.00K

Pyxis Tankers Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PXS, the sentiment is Positive. The current price of 3.02 is below the 20-day moving average (MA) of 3.20, below the 50-day MA of 3.04, and above the 200-day MA of 2.90, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 58.26 is Neutral, neither overbought nor oversold. The STOCH value of 52.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PXS.

Pyxis Tankers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PSHG	74 Outperform	$25.73M	1.17	17.90%	―	-11.07%	-13.39%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
TOPS	65 Neutral	$23.04M	2.16	7.94%	―	4.77%	―
PXS	52 Neutral	$34.60M	-14.22	0.28%	―	-23.25%	-107.24%
CTRM	52 Neutral	$21.06M	-0.69	-5.54%	―	-1.35%	-118.25%
GLBS	51 Neutral	$31.29M	-6.76	-2.63%	―	18.49%	-264.74%
USEA	47 Neutral	$15.32M	-3.37	-7.09%	6.20%	-8.96%	-88.67%

Pyxis Tankers Corporate Events

Pyxis Tankers Cuts Loan Costs, Extends Maturities and Advances Buybacks, Boosting Liquidity and Q1 2026 Charter Coverage

On December 17, 2025, Pyxis Tankers refinanced its existing secured loans with Alpha Bank for the MR product tankers Pyxis Lamda and Pyxis Theta, securing new five-year facilities totaling $33.35 million at lower spreads over Term SOFR and generating about $9.9 million in incremental net proceeds earmarked for fleet expansion. On January 26, 2026, it further amended secured loans with Piraeus Bank covering three vessels with $42.1 million of outstanding principal, extending each loan’s maturity by six months and cutting the interest margin to Term SOFR plus 1.80%, yielding weighted average savings of 58 basis points; these steps collectively lengthen the company’s debt maturity profile, reduce interest expense, bolster liquidity and delay the next loan maturity to September 2028. As of January 23, 2026, the company had repurchased 115,873 common shares for approximately $0.3 million under its up to $3.0 million open-market buyback program, leaving $2.7 million of authorization in place through November 2026 and 10,368,990 shares outstanding, underscoring an ongoing capital return component alongside growth ambitions. Operationally, as of January 26, 2026, Pyxis had booked 73% of its MR tanker available days for the first quarter of 2026 at an estimated average daily TCE of $23,100 per vessel and 27% of its dry bulk days at about $12,000 per day, with its charter book indicating reasonably healthy market conditions amid seasonal softness and geopolitical volatility, and a diversified chartering strategy across vessel classes, customers, cargoes and durations to manage employment-related risk.

The most recent analyst rating on (PXS) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Pyxis Tankers stock, see the PXS Stock Forecast page.

Pyxis Tankers Unveils Q3 Results and $3 Million Share Buyback

On November 19, 2025, Pyxis Tankers announced the release date for its third-quarter 2025 financial results, which were made available on November 20, 2025. The company also revealed a new $3 million common share repurchase program on November 21, 2025, highlighting its strategic efforts to enhance shareholder value. These announcements reflect Pyxis Tankers’ ongoing commitment to financial transparency and shareholder engagement, potentially impacting its market positioning and stakeholder relations.

The most recent analyst rating on (PXS) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Pyxis Tankers stock, see the PXS Stock Forecast page.