Perma-Pipe InternationalPPIH
PPIH
About: Perma-Pipe International Holdings Inc is engaged in the manufacture and sale of products in the reportable segment of Piping Systems. The company engineers, designs, manufactures and sells specialty piping systems and leak detection systems. Specialty piping systems include insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations, primary and secondary containment piping systems for transporting chemicals, hazardous fluids and petroleum products, and the coating and insulation of oil and gas gathering and transmission pipelines. It operates in the United States, Canada, Middle East, Europe, India and other countries.
Employees: 640
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,500% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 1
48% more funds holding
Funds holding: 29 [Q3] → 43 (+14) [Q4]
30% more capital invested
Capital invested by funds: $30.7M [Q3] → $39.9M (+$9.24M) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
3.57% more ownership
Funds ownership: 29.87% [Q3] → 33.44% (+3.57%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
99% less call options, than puts
Call options by funds: $2K | Put options by funds: $176K
Research analyst outlook
We haven’t received any recent analyst ratings for PPIH.
Financial journalist opinion
Neutral
Business Wire
1 month ago
Perma-Pipe International Holdings, Inc. Announces $43 Million Contract Award in the Middle East Region
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has received a formal letter of award for a development project located in the GCC region. Perma-Pipe will provide thermal insulation, anti-corrosion coatings, and other services from its Abu Dhabi facility. Project commencement is expected to begin in the third quarter of 2025. The value of this project is estimated to exceed $43 million. This project will utilize Perma-Pipe's anti-corrosi.
Neutral
Business Wire
1 month ago
Perma-Pipe International Holdings, Inc. Announces the Appointment of Ibrahim Jaham Al Kuwari to its Board of Directors
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH), today announced changes to its Board of Directors, including the appointment to the Board of Mr. Ibrahim Jaham Al Kuwari, effective January 6, 2025. Concurrent with this announcement, Independent Director Cynthia Boiter has announced her resignation, effective May 1, 2025, and current Chairman of the Board, Jerome Walker, has announced he will not be standing for re-election at Perma-Pipe's upcoming 2025 Ann.
Positive
Zacks Investment Research
1 month ago
Perma-Pipe Stock Up 13% Since Q3 Earnings Rise Y/Y Amid Backlog Growth
PPIH reports strong Q3 earnings with growing backlog and improved profitability, overcoming a 9% decline in net sales.
Neutral
Business Wire
1 month ago
Perma-Pipe International Holdings, Inc. Announces Third Quarter Financial Results
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter and fiscal year-to-date period ended October 31, 2024. "Net sales for the third quarter were $41.6 million, a decrease of $4.1 million, as compared to the same quarter last year. Net income attributable to common stock of $2.5 million was an increase of $0.5 million, or 29%, compared to $1.9 million in the third quarter of 2023. For the nine months ende.
Neutral
Business Wire
3 months ago
Perma-Pipe International Holdings, Inc. Announces $15 Million in Contract Awards in the Americas and Middle East Regions
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced $6 million in new project awards in the MENA region. Additionally, the company announced $9 million in new project awards in the Americas, demonstrating continual improvement in the region. These new project awards will utilize Perma-Pipe's anti-corrosion coatings capabilities and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene cas.
Neutral
Zacks Investment Research
4 months ago
The Zacks Analyst Blog JPMorgan, Medtronic, Shopify and Perma-Pipe International
JPMorgan, Medtronic, Shopify and Perma-Pipe International are included in this Analyst Blog.
Neutral
Business Wire
4 months ago
Perma-Pipe International Holdings, Inc., announces $4 million in Contract Awards in the Americas Region
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded three projects in the Americas region. The aggregate amount of these three projects is more than 4 million USD. These project awards will be executed in Perma-Pipe's facilities in Canada and the U.S. Two awards for the provision of anticorrosion coating services for the oil and gas market in western Canada. One award for the provision of double-containment, pre-insulated pi.
Positive
Zacks Investment Research
5 months ago
Perma-Pipe's Q2 Earnings Soar Y/Y on Strong MENA Demand
PPIH reports a robust Q2 with earnings per share jumping to 40 cents, and a 7% rise in sales driven by a growing backlog.
Neutral
Business Wire
5 months ago
Perma-Pipe International Holdings, Inc. Announces Second Quarter Financial Results
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter and fiscal year-to-date period ended July 31, 2024. "Net sales for the second quarter were $37.5 million, an increase of $2.4 million, as compared to the same quarter last year. Net income attributable to common stock of $3.3 million, was an increase of $2.3 million, or 222%, compared to $1.0 million in the second quarter of 2023. For the six months end.
Neutral
Business Wire
6 months ago
Perma-Pipe International Holdings, Inc., announces $46 million in Contract Awards in the Middle East Region
SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded two projects in the MENA region. The overall amount of the two projects is more than 46 million USD. The two awarded projects are part of major developments in the region. These projects will utilize Perma-Pipe's coating capabilities, and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Saleh Sagr, Sr. Vi.
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