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Perma-Pipe International Holdings, Inc. (PPIH)

Industrials | Building Products & Equipment | The Woodlands, United States | NasdaqGM
24.70 USD -0.38 (-1.515%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 25.14 +0.44 (1.781%) ⇧ (July 13, 2026, 4:10 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4 a.m. EDT

The most compelling signal here is the massive one-year price surge of +195%, which has transformed a stagnant industrial stock into a high-volatility momentum play. Fundamentally, the company shows resilience with a 7.5% revenue growth and a healthy 17.5% return on equity, supported by a fortress-like current ratio of 2.31. However, the earnings picture is fractured, with a staggering -63.9% earnings growth and quarterly earnings contraction, creating a disconnect between top-line expansion and bottom-line profitability. The balance sheet remains manageable despite debt exceeding cash, but the lack of a dividend and the recent price weakness (trading below both 50-day and 200-day averages) suggest the market is still digesting the quality of this recovery. While the long-term outlook is solid due to the improved operational metrics and index inclusion, the short-term path is choppy, with options traders betting on a bounce but hedging against a failure to hold gains.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.105457
AutoARIMA0.106921
AutoETS0.106922
AutoTheta0.118758

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 35%
H-stat 29.62
Ljung-Box p 0.000
Jarque-Bera p 0.113
Excess Kurtosis -1.46
Attribute Value
Sector Industrials
Debt to Equity Ratio 51.298
Revenue per Share 26.533
Market Cap 200,705,120
Trailing P/E 14.70
Beta 0.57
Profit Margins 6.47%
Website https://www.permapipe.com

As of July 11, 2026, 4 a.m. EDT: Speculators are positioning for a modest upside move, evidenced by heavy open interest in out-of-the-money calls at the $30 and $35 strikes relative to puts. However, this bullish sentiment is tempered by significant put volume at the $22.5 strike for the August expiration, suggesting a floor or hedging against a deeper correction. Implied volatility is elevated on the near-term calls, indicating uncertainty about whether the stock can sustain its recent recovery.


Info Dump

Attribute Value
52 Week Change 0.057781577
Address1 2,445 Technology Forest Blvd
Address2 Suite 1010
All Time High 36.72
All Time Low 1.2
Ask 31.68
Ask Size 2
Average Daily Volume10 Day 194,480
Average Daily Volume3 Month 131,713
Average Volume 131,713
Average Volume10Days 194,480
Beta 0.568
Bid 17.68
Bid Size 2
Book Value 11.355
City The Woodlands
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 24.7
Current Ratio 2.31
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 25.52
Day Low 24.57
Debt To Equity 51.298
Display Name Perma-Pipe
Earnings Growth -0.639
Earnings Quarterly Growth -0.636
Earnings Timestamp 1,781,008,200
Earnings Timestamp End 1,788,957,000
Earnings Timestamp Start 1,788,957,000
Ebitda 31,752,000
Ebitda Margins 0.14807001
Enterprise To Ebitda 7.706
Enterprise To Revenue 1.141
Enterprise Value 244,678,112
Eps Trailing Twelve Months 1.68
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 29.6746
Fifty Day Average Change -4.9746
Fifty Day Average Change Percent -0.1676383
Fifty Two Week Change Percent 5.7781577
Fifty Two Week High 36.72
Fifty Two Week High Change -12.02
Fifty Two Week High Change Percent -0.32734206
Fifty Two Week Low 20.92
Fifty Two Week Low Change 3.7800007
Fifty Two Week Low Change Percent 0.18068837
Fifty Two Week Range 20.92 - 36.72
Financial Currency USD
First Trade Date Milliseconds 629,735,400,000
Float Shares 7,609,324
Free Cashflow 1,139,750
Full Exchange Name NasdaqGM
Full Time Employees 909
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.3143
Gross Profits 67,400,000
Has Pre Post Market Data 1
Held Percent Insiders 0.06235
Held Percent Institutions 0.52859
Implied Shares Outstanding 8,125,713
Industry Building Products & Equipment
Industry Disp Building Products & Equipment
Industry Key building-products-equipment
Ir Website http://www.mfri.com/investorcenter/glance.aspx
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,769,817,600
Long Business Summary Perma-Pipe International Holdings, Inc., together with its subsidiaries, designs, engineers, manufactures, and sells specialty piping and leak detection systems in the United States, Canada, the United Arab Emirates, Saudi Arabia, and internationally. The company offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants to other locations; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products. It also provides coating and insulation of oil and gas gathering and transmission pipelines; liquid and powder based anti-corrosion coatings for external and internal surfaces of steel pipe, including shapes comprising bends, reducers, tees, and other spools/fittings used in pipelines for the transportation of oil and gas products and potable water. In addition, the company offers cables, leak detection products, heat trace products, and material/goods not bundled with piping or flowline systems. Further, it provides containment systems, custom fabrications, and leak detection, as well as technical support, field service, and logistics services. 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 founded in 1909 and is headquartered in The Woodlands, Texas.
Long Name Perma-Pipe International Holdings, Inc.
Market us_market
Market Cap 200,705,120
Market State PREPRE
Max Age 86,400
Message Board Id finmb_288097
Most Recent Quarter 1,777,507,200
Net Income To Common 13,884,000
Next Fiscal Year End 1,801,353,600
Non Diluted Market Cap 203,711,624
Number Of Analyst Opinions 1
Open 25.08
Operating Cashflow 14,546,000
Operating Margins 0.092250004
Payout Ratio 0.0
Peg Ratio 2.82
Phone 281 941 2445
Post Market Change 0.43999863
Post Market Change Percent 1.7813709
Post Market Price 25.14
Post Market Time 1,783,973,426
Previous Close 25.08
Price Hint 2
Price To Book 2.1752534
Price To Sales Trailing12 Months 0.93593687
Profit Margins 0.06474
Quick Ratio 1.816
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.379999
Regular Market Change Percent -1.51515
Regular Market Day High 25.52
Regular Market Day Low 24.57
Regular Market Day Range 24.57 - 25.52
Regular Market Open 25.08
Regular Market Previous Close 25.08
Regular Market Price 24.7
Regular Market Time 1,783,972,800
Regular Market Volume 82,112
Return On Assets 0.081879996
Return On Equity 0.17486
Revenue Growth 0.075
Revenue Per Share 26.533
Sand P52 Week Change 0.20847368
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 8,125,713
Shares Percent Shares Out 0.0372
Shares Short 302,174
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 111,005
Short Name Perma-Pipe International Holdin
Short Percent Of Float 0.0376
Short Ratio 1.51
Source Interval 15
State TX
Symbol PPIH
Target High Price 32.0
Target Low Price 32.0
Target Mean Price 32.0
Target Median Price 32.0
Total Cash 28,300,000
Total Cash Per Share 3.483
Total Debt 55,779,000
Total Revenue 214,443,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.68
Trailing P E 14.702382
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 29.32465
Two Hundred Day Average Change -4.624649
Two Hundred Day Average Change Percent -0.15770517
Type Disp Equity
Volume 82,112
Website https://www.permapipe.com
Zip 77,381