Perma-Pipe International (PPIH) to Post Quarterly Earnings on Wednesday

Key Points

• Perma-Pipe International is expected to report Q2 2027 results before the market opens Wednesday, September 9. Analysts forecast earnings of $0.55 per share on revenue of $51.20 million, with the conference call scheduled for 8:30 a.m. ET.
• The company’s previous quarter fell short of expectations, posting $0.22 in earnings per share versus the $0.48 consensus and revenue of $50.27 million compared with $54.00 million expected.
• PPIH shares opened at $27.00, down 1.6%, while analysts maintain a consensus “Hold” rating and a $36.00 average price target. Institutional investors own 28.43% of the company.

Perma-Pipe International (NASDAQ:PPIH - Get Free Report) is expected to be announcing its Q2 2027 results before the market opens on Wednesday, September 9th. Analysts expect the company to post earnings of $0.55 per share and revenue of $51.20 million for the quarter. Individuals may visit the the company's upcoming Q2 2027 earning summary page for the latest details on the call scheduled for Wednesday, September 9, 2026 at 8:30 AM ET.

Perma-Pipe International (NASDAQ:PPIH - Get Free Report) last posted its quarterly earnings data on Tuesday, June 9th. The industrial products company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by ($0.26). Perma-Pipe International had a net margin of 6.47% and a return on equity of 15.92%. The firm had revenue of $50.27 million for the quarter, compared to the consensus estimate of $54.00 million.

Perma-Pipe International Trading Down 1.6%

Shares of PPIH opened at $27.00 on Wednesday. Perma-Pipe International has a twelve month low of $21.96 and a twelve month high of $36.72. The company has a market cap of $219.51 million, a P/E ratio of 15.98 and a beta of 0.59. The company has a current ratio of 2.31, a quick ratio of 2.02 and a debt-to-equity ratio of 0.21. The company's fifty day simple moving average is $25.96 and its 200-day simple moving average is $29.19.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Perma-Pipe International in a research note on Friday, August 14th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Perma-Pipe International currently has an average rating of "Hold" and an average target price of $36.00.

Hedge Funds Weigh In On Perma-Pipe International

Large investors have recently bought and sold shares of the business. Bank of America Corp DE grew its position in Perma-Pipe International by 1,730.8% in the 2nd quarter. Bank of America Corp DE now owns 1,190 shares of the industrial products company's stock valued at $27,000 after acquiring an additional 1,125 shares during the last quarter. State of Wyoming lifted its position in shares of Perma-Pipe International by 59.7% during the fourth quarter. State of Wyoming now owns 2,102 shares of the industrial products company's stock worth $64,000 after purchasing an additional 786 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of Perma-Pipe International during the third quarter worth $208,000. Quadrature Capital Ltd purchased a new stake in shares of Perma-Pipe International during the fourth quarter valued at $212,000. Finally, Jane Street Group LLC boosted its stake in shares of Perma-Pipe International by 55.2% during the first quarter. Jane Street Group LLC now owns 18,505 shares of the industrial products company's stock valued at $230,000 after purchasing an additional 6,583 shares during the period. Hedge funds and other institutional investors own 28.43% of the company's stock.

About Perma-Pipe International

Perma-Pipe International Holdings Ltd. is a publicly traded company on the NASDAQ under the symbol PPIH that specializes in the design, manufacture and installation of prefabricated piping systems. Its core business revolves around factory-assembled thermal insulation and corrosion protection solutions, including pre-insulated pipe, heat tracing, field-applied jackets and specialty spool pieces. These engineered systems are custom-built to industry specifications and are used to maintain temperatures, control heat loss and extend the life of critical piping infrastructure.

The company's products and services serve a diverse range of end markets, with primary focus on oil and gas production, petrochemical processing, power generation, district energy, and industrial facilities.

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