Northland Power, Inc. (OTCMKTS:NPIFF) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Consensus "Moderate Buy": Seven analysts cover Northland Power with a consensus rating of Moderate Buy (four buys, three holds), and CIBC recently reaffirmed an "outperform" rating.
• Quarterly beat but mixed fundamentals: Northland reported $0.54 EPS vs. $0.34 expected and $525.98M revenue vs. $484.58M expected, yet it still shows a negative net margin (-7.04%) and a trailing P/E of -34.43.
• Valuation and business profile: The stock opened at $16.87 (52-week range $11.43–$18.44) with a market cap of $4.41B, and the company develops and operates a portfolio of gas, wind, solar and offshore wind assets focused on clean energy.

Northland Power, Inc. (OTCMKTS:NPIFF - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seven analysts that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

NPIFF has been the subject of several research analyst reports. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of Northland Power in a report on Friday, March 27th. Desjardins restated a "hold" rating on shares of Northland Power in a research report on Friday.

Northland Power Stock Performance

Shares of NPIFF opened at $16.87 on Tuesday. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.07 and a quick ratio of 1.07. Northland Power has a one year low of $11.43 and a one year high of $18.44. The firm has a market capitalization of $4.41 billion and a P/E ratio of -34.43. The business has a fifty day moving average of $16.35 and a 200 day moving average of $15.01.

Northland Power (OTCMKTS:NPIFF - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.34 by $0.20. Northland Power had a positive return on equity of 9.75% and a negative net margin of 7.04%.The company had revenue of $525.98 million during the quarter, compared to analyst estimates of $484.58 million.

Northland Power Company Profile

Northland Power Inc is a Canadian developer, owner and operator of power generation facilities, with a focus on clean and green energy. The company's portfolio encompasses natural gas–fired, wind, solar and thermal projects, and its operations span from onshore and nearshore facilities in Canada to offshore wind farms in Europe. Northland Power is structured to manage all stages of a project's lifecycle, from early-stage development and financing through construction and long-term operation.

In Canada, Northland Power operates a mix of combined-cycle gas turbines and peaking plants, as well as solar installations, serving industrial and municipal customers under long-term contracts.

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