Perma-Pipe International Holdings, Inc. (PPIH)Industrials | Building Products & Equipment | The Woodlands, United States | NasdaqGM
30.31 USD
-2.03
(-6.277%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 30.31 Short-term: ★★★★☆ | Long-term: ★★★★☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 12:53 a.m. EDT
Perma-Pipe is exhibiting a classic momentum trap resolving into a breakout candidate. While fundamentals show solid growth (22.5% revenue expansion) and a fair P/E, the forceful signal here is the options positioning: a 'buy the dip' narrative where retail and algos are stacking calls at the 35.00 level, ignoring the lack of dividends. The model predicts a 4.86% upside over the next 45 days, which aligns with the 35.00 resistance target. This is a high-conviction short-term momentum play relying on the company's fresh Ohio capacity expansion and credit line expansion to justify the premium valuation over the coming month. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.053959 |
| AutoARIMA | 0.053959 |
| MSTL | 0.054637 |
| AutoTheta | 0.064697 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 73% |
| H-stat | 1.23 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.432 |
| Excess Kurtosis | -0.85 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 44.082 |
| Revenue per Share | 26.212 |
| Market Cap | 246,216,432 |
| Trailing P/E | 14.50 |
| Profit Margins | 8.08% |
| Website | https://www.permapipe.com |
As of April 19, 2026, 12:53 a.m. EDT: Options data reveals a strong bullish bias driven by aggressor volume in calls far out of the money (OTM). For the May 15th expiration, 302 call contracts were traded with no put volume, creating significant OI support at the 35.0 and 40.0 strikes. This suggests speculators are positioning for a move significantly higher than current prices ($30.31). Conversely, put activity is minimal, concentrated in deep ITM strikes (April 17th) or old long-dated options, indicating a lack of defensive hedging currently. Implied volatility is relatively low-to-moderate (0.80-2.16), reflecting consensus that a breakout is expected but priced conservatively.
| Attribute | Value |
|---|---|
| 52 Week Change | 1.557806 |
| Address1 | Suite 1010 |
| Address2 | 2,445 Technology Forest Blvd |
| All Time High | 36.72 |
| All Time Low | 1.2 |
| Ask | 38.52 |
| Ask Size | 2 |
| Average Analyst Rating | 1.0 - Strong Buy |
| Average Daily Volume10 Day | 91,290 |
| Average Daily Volume3 Month | 85,673 |
| Average Volume | 85,673 |
| Average Volume10Days | 91,290 |
| Bid | 23.55 |
| Bid Size | 2 |
| Book Value | 10.595 |
| City | The Woodlands |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 30.31 |
| Current Ratio | 1.839 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 33.7674 |
| Day Low | 30.08 |
| Debt To Equity | 44.082 |
| Display Name | Perma-Pipe |
| Earnings Growth | 1.718 |
| Earnings Quarterly Growth | 1.794 |
| Earnings Timestamp | 1,776,342,600 |
| Earnings Timestamp End | 1,781,008,200 |
| Earnings Timestamp Start | 1,781,008,200 |
| Ebitda | 34,359,000 |
| Ebitda Margins | 0.16290002 |
| Enterprise To Ebitda | 8.441 |
| Enterprise To Revenue | 1.375 |
| Enterprise Value | 290,019,392 |
| Eps Trailing Twelve Months | 2.09 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 31.152 |
| Fifty Day Average Change | -0.84200096 |
| Fifty Day Average Change Percent | -0.027028793 |
| Fifty Two Week Change Percent | 155.78061 |
| Fifty Two Week High | 36.72 |
| Fifty Two Week High Change | -6.4100018 |
| Fifty Two Week High Change Percent | -0.17456432 |
| Fifty Two Week Low | 11.22 |
| Fifty Two Week Low Change | 19.09 |
| Fifty Two Week Low Change Percent | 1.701426 |
| Fifty Two Week Range | 11.22 - 36.72 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 629,735,400,000 |
| Float Shares | 7,268,380 |
| Free Cashflow | -9,187,125 |
| Full Exchange Name | NasdaqGM |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.32944 |
| Gross Profits | 69,488,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.10857 |
| Held Percent Institutions | 0.46143 |
| Implied Shares Outstanding | 8,123,274 |
| 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 Middle East, North Africa, Europe, India, and internationally. The company offers insulated and jacketed district heating and cooling piping systems for energy distribution from central energy plants; and primary and secondary containment piping systems for transporting chemicals, hazardous fluids, and petroleum products, as well as engages in the coating and insulation of oil and gas gathering and transmission pipelines. It also provides liquid and powder based anti-corrosion coatings for external and internal surfaces of steel pipe, including 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, containment systems, custom fabrication, engineering and technical support, and cutting-edge leak detection technology; as well as logistics services, field 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 incorporated in 1993 and is headquartered in The Woodlands, Texas. |
| Long Name | Perma-Pipe International Holdings, Inc. |
| Market | us_market |
| Market Cap | 246,216,432 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_288097 |
| Most Recent Quarter | 1,769,817,600 |
| Net Income To Common | 17,035,000 |
| Next Fiscal Year End | 1,801,353,600 |
| Non Diluted Market Cap | 245,485,310 |
| Number Of Analyst Opinions | 1 |
| Open | 32.62 |
| Operating Cashflow | 9,169,000 |
| Operating Margins | 0.090150006 |
| Payout Ratio | 0.0 |
| Peg Ratio | 2.82 |
| Phone | 281 941 2445 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 30.31 |
| Post Market Time | 1,776,456,605 |
| Previous Close | 32.34 |
| Price Hint | 2 |
| Price To Book | 2.8607833 |
| Price To Sales Trailing12 Months | 1.1673175 |
| Profit Margins | 0.08076 |
| Quick Ratio | 1.482 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.0 |
| Region | US |
| Regular Market Change | -2.03 |
| Regular Market Change Percent | -6.27706 |
| Regular Market Day High | 33.7674 |
| Regular Market Day Low | 30.08 |
| Regular Market Day Range | 30.08 - 33.7674 |
| Regular Market Open | 32.62 |
| Regular Market Previous Close | 32.34 |
| Regular Market Price | 30.31 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 140,370 |
| Return On Assets | 0.09618 |
| Return On Equity | 0.21804 |
| Revenue Growth | 0.225 |
| Revenue Per Share | 26.212 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Shares Outstanding | 8,123,273 |
| Shares Percent Shares Out | 0.0101 |
| Shares Short | 81,746 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 86,154 |
| Short Name | Perma-Pipe International Holdin |
| Short Percent Of Float | 0.0106 |
| Short Ratio | 1.09 |
| Source Interval | 15 |
| State | TX |
| Symbol | PPIH |
| Target High Price | 39.0 |
| Target Low Price | 39.0 |
| Target Mean Price | 39.0 |
| Target Median Price | 39.0 |
| Total Cash | 18,720,000 |
| Total Cash Per Share | 2.304 |
| Total Debt | 46,860,000 |
| Total Revenue | 210,924,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 2.09 |
| Trailing P E | 14.502393 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 28.2711 |
| Two Hundred Day Average Change | 2.0389004 |
| Two Hundred Day Average Change Percent | 0.0721196 |
| Type Disp | Equity |
| Volume | 140,370 |
| Website | https://www.permapipe.com |
| Zip | 77,381 |