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NASDAQ:PPIH

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

Perma-Pipe International logo
$12.78
-0.21 (-1.62%)
(As of 11/1/2024 ET)

About Perma-Pipe International Stock (NASDAQ:PPIH)

Key Stats

Today's Range
$12.71
$13.09
50-Day Range
$10.00
$14.30
52-Week Range
$6.17
$14.48
Volume
10,998 shs
Average Volume
16,186 shs
Market Capitalization
$101.94 million
P/E Ratio
6.72
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

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.

Perma-Pipe International Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
37th Percentile Overall Score

PPIH MarketRank™: 

Perma-Pipe International scored higher than 37% of companies evaluated by MarketBeat, and ranked 137th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Perma-Pipe International is 6.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.20.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Perma-Pipe International is 6.72, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.07.

  • Price to Book Value per Share Ratio

    Perma-Pipe International has a P/B Ratio of 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Perma-Pipe International's valuation and earnings.
  • Percentage of Shares Shorted

    0.25% 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 0.6, 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 decreased by 10.50%, indicating that investor sentiment is improving significantly.
  • 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.

  • Percentage of Shares Shorted

    0.25% 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 0.6, 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 decreased by 10.50%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Perma-Pipe International has a news sentiment score of 0.67. 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 0.45 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Perma-Pipe International this week, compared to 1 article on an average week.
  • 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.

  • Read more about Perma-Pipe International's insider trading history.
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PPIH Stock News Headlines

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Perma-Pipe International Holdings Inc
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PPIH Stock Analysis - Frequently Asked Questions

Perma-Pipe International's stock was trading at $7.94 at the beginning of the year. Since then, PPIH stock has increased by 60.9% and is now trading at $12.7750.
View the best growth stocks for 2024 here
.

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

Perma-Pipe International's top institutional investors include Essex Investment Management Co. LLC (0.18%). Insiders that own company stock include Jerome T Walker, Cynthia Boiter, David B Brown, Robert Joseph Mcnally and David S Barrie.
View institutional ownership trends
.

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.

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
11/02/2024
Next Earnings (Estimated)
12/13/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Blowers & fans
Sub-Industry
Machinery
Current Symbol
NASDAQ:PPIH
Employees
610
Year Founded
N/A

Profitability

Net Income
$10.47 million
Pretax Margin
10.32%

Debt

Sales & Book Value

Annual Sales
$150.67 million
Cash Flow
$1.72 per share
Book Value
$8.15 per share

Miscellaneous

Free Float
7,515,000
Market Cap
$101.94 million
Optionable
Optionable
Beta
0.27

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This page (NASDAQ:PPIH) was last updated on 11/2/2024 by MarketBeat.com Staff
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