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

Company Overview

Perma-Pipe International Holdings, Inc. designs and manufactures engineered piping systems and leak-detection solutions for energy, industrial, and building-infrastructure applications. Its products include pre-insulated piping, containment systems, and related monitoring technologies used to transport liquids and gases.

The company serves customers in sectors such as oil and gas, district heating and cooling, chemical processing, and water infrastructure. Its operations and customer base span North America and international markets, including the Middle East and North Africa.

Perma-Pipe was formerly known as MFRI, Inc. and adopted its current name in 2017, reflecting its focus on engineered piping solutions.

Key Stats

• Today's Range: $28.06 to $29.00
• 50-Day Range: $27.21 to $32.43
• 52-Week Range: $23.01 to $36.72
• Volume: 63,501 shs
• Average Volume: 71,550 shs
• Market Capitalization: $231.73 million
• P/E Ratio: 14.87
• Dividend Yield: N/A
• Price Target: $37.00
• Consensus Rating: Buy

Perma-Pipe International Stock Analysis - MarketRank™

Perma-Pipe International scored higher than 73% of companies evaluated by MarketBeat, and ranked 313th out of 652 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.9 / 5
• Analyst Rating: Buy

Consensus Rating

Perma-Pipe International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 2 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Perma-Pipe International has a consensus price target of $37.00, representing about 30.9% upside from its current price of $28.26.

Amount of Analyst Coverage

Perma-Pipe International has only been the subject of 2 research reports in the past 90 days.

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 14.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Perma-Pipe International is 14.87, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 32.32.

Price to Book Value per Share Ratio

Perma-Pipe International has a P/B Ratio of 2.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.35% 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 5.31.

Change versus previous month

Short interest in Perma-Pipe International has recently decreased by 14.61%, indicating that investor sentiment is improving 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.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.89

News Sentiment

Perma-Pipe International has a news sentiment score of 0.89. 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 0.56 average news sentiment score of Industrials 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.

Company Ownership

• Score: 0.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Perma-Pipe International insiders have not sold or bought any company stock.

Percentage Held by Insiders

1.10% of the stock of Perma-Pipe International is held by insiders.

Percentage Held by Institutions

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

Company Calendar

• Last Earnings: 9/09/2026
• Today: 11/15/2026
• Next Earnings (Estimated): 12/10/2026
• Fiscal Year End: 1/31/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Machinery
• Sub-Industry: Industrial Machinery & Supplies & Components
• Current Symbol: NASDAQ:PPIH
• CIK: 914122
• Web: www.permapipe.com
• Phone: (847) 966-1000
• Fax: 847-966-8563
• Employees: 909
• Year Founded: 1993

Price Target and Rating

• Average Price Target for Perma-Pipe International: $37.00
• High Price Target: $38.00
• Low Price Target: $36.00
• Potential Upside/Downside: +30.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.90
• Trailing P/E Ratio: 14.87
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $17.03 million
• Net Margins: 6.89%
• Pretax Margin: 11.10%
• Return on Equity: 21.58%
• Return on Assets: 8.79%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 2.19
• Quick Ratio: 1.92

Sales & Book Value

• Annual Sales: $210.93 million
• Price / Sales: 1.10
• Cash Flow: $2.66 per share
• Price / Cash Flow: 10.61
• Book Value: $11.20 per share
• Price / Book: 2.52

Miscellaneous

• Outstanding Shares: 8,200,000
• Free Float: 8,105,000
• Market Cap: $231.73 million
• Optionable: Optionable
• Beta: 0.63