Perma-Pipe International (PPIH) Stock Price, News & Analysis

Company Overview

Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems. It offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to various locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, as well as engages in the coating and insulation of oil and gas gathering and transmission pipelines. The company also offers liquid and powder based anti-corrosion coatings for external and internal surfaces of steel pipe, including shapes like bends, reducers, tees, and other spools/fittings that is used in pipelines for the transportation of oil and gas products and potable water. It has operations in the United States, Canada, the Middle East, North Africa, Europe, India, and internationally. The company was formerly known as MFRI, Inc. and changed its name to Perma-Pipe International Holdings, Inc. in March 2017. Perma-Pipe International Holdings, Inc. was incorporated in 1993 and is headquartered in Spring, Texas.

Key Stats

• Today's Range: $15.55 to $16.30
• 50-Day Range: $11.65 to $15.79
• 52-Week Range: $6.40 to $16.32
• Volume: 35,722 shs
• Average Volume: 20,004 shs
• Market Capitalization: $129.60 million
• P/E Ratio: 8.55
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Perma-Pipe International Stock Analysis - MarketRank™

Perma-Pipe International scored higher than 23% of companies evaluated by MarketBeat, and ranked 156th out of 179 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Perma-Pipe International.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Perma-Pipe International is 8.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of Perma-Pipe International is 8.38, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.56.

Price to Book Value per Share Ratio

Perma-Pipe International has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.41% of the float of Perma-Pipe International has been sold short.

Short Interest Ratio / Days to Cover

Perma-Pipe International has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Perma-Pipe International has recently increased by 52.63%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Perma-Pipe International does not currently pay a dividend.

Dividend Growth

Perma-Pipe International does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.41% of the float of Perma-Pipe International has been sold short.

Short Interest Ratio / Days to Cover

Perma-Pipe International has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Perma-Pipe International has recently increased by 52.63%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.94

News Sentiment

Perma-Pipe International has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Perma-Pipe International this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Perma-Pipe International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,333.00 in company stock.

Percentage Held by Insiders

Only 5.80% of the stock of Perma-Pipe International is held by insiders.

Percentage Held by Institutions

Only 28.43% of the stock of Perma-Pipe International is held by institutions.

PPIH Stock Analysis - Frequently Asked Questions

How have PPIH shares performed this year?

Perma-Pipe International's stock was trading at $7.94 at the beginning of the year. Since then, PPIH stock has increased by 100.5% and is now trading at $15.92.
View the best growth stocks for 2024 here.

How were Perma-Pipe International's earnings last quarter?

Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) announced its earnings results on Wednesday, September, 11th. The industrial products company reported $0.40 EPS for the quarter. The industrial products company earned $37.51 million during the quarter. Perma-Pipe International had a trailing twelve-month return on equity of 23.84% and a net margin of 9.70%.

Who are Perma-Pipe International's major shareholders?

Perma-Pipe International's top institutional shareholders include Geode Capital Management LLC (1.03%), Essex Investment Management Co. LLC (0.18%) and State Street Corp (0.14%). Insiders that own company stock include Jerome T Walker, Cynthia Boiter, David B Brown and Robert Joseph Mcnally.
View institutional ownership trends.

How do I buy shares of Perma-Pipe International?

Shares of PPIH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Perma-Pipe International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Perma-Pipe International investors own include Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Applied Materials (AMAT), Carnival Co. & (CCL), Energy Transfer (ET), G-III Apparel Group (GIII) and Gilead Sciences (GILD).

Company Calendar

• Last Earnings: 9/11/2024
• Today: 12/03/2024
• Next Earnings (Estimated): 12/13/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Blowers & fans
• Sub-Industry: Machinery
• Current Symbol: NASDAQ:PPIH
• CUSIP: N/A
• CIK: 914122
• Web: www.permapipe.com
• Phone: (847) 966-1000
• Fax: 847-966-8563
• Employees: 610
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.90
• Trailing P/E Ratio: 8.31
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $10.47 million
• Net Margins: 9.70%
• Pretax Margin: 10.32%
• Return on Equity: 23.84%
• Return on Assets: 9.93%

Debt

• Debt-to-Equity Ratio: 0.13
• Current Ratio: 1.78
• Quick Ratio: 1.50

Sales & Book Value

• Annual Sales: $150.67 million
• Price / Sales: 0.84
• Cash Flow: $1.83 per share
• Price / Cash Flow: 8.65
• Book Value: $8.15 per share
• Price / Book: 1.94

Miscellaneous

• Outstanding Shares: 7,980,000
• Free Float: 7,515,000
• Market Cap: $126.00 million
• Optionable: Optionable
• Beta: 0.32