SeekingAlpha · Sep 15, 2026
Perma-Pipe: The Growth Is Back, And The Valuation Is Still Cheap
Perma-Pipe (PPIH) keeps a BUY rating as Q2 FY2026 revenue jumped 24% YoY and backlog stabilized, signaling demand momentum. See here for more details.
PP
NASDAQ · PPIH
Perma-Pipe International Holdings, Inc.
Industrials · Construction
$31.74
Up+$0.14 (+0.44%)
Updated Sep 29, 2026, 1:20 AM
SID Score
5.6/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 234.15M
- P/E ratio
- 23.34
- Dividend yield
- 0.00%
- 52-week range
- $21.96 – $36.72
- Volume
- 77.6K
- Avg. volume
- 142.33K
Price performance · PPIH
PPIH price history
1M range · 19 trading sessions · Daily adjusted prices
Prices through Sep 25, 2026
PPIH closed at $31.74 after 19 trading sessions, up 15.71% for the selected period.
- Last close
- $31.74
- Period change
- +15.71%
- Period low
- $27.00
- Period high
- $31.74
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 25, 2026 | $31.24 | $31.91 | $30.98 | $31.74 | 77.6K |
| Sep 24, 2026 | $30.57 | $31.33 | $30.57 | $31.24 | 54.08K |
| Sep 23, 2026 | $30.14 | $30.92 | $29.77 | $30.84 | 47.02K |
| Sep 22, 2026 | $30.46 | $30.8299 | $29.86 | $30.33 | 76.85K |
| Sep 21, 2026 | $30.81 | $30.9099 | $30.21 | $30.24 | 64.5K |
| Sep 18, 2026 | $30.21 | $31.152 | $30.04 | $30.55 | 194.18K |
| Sep 17, 2026 | $30.72 | $31.01 | $30.195 | $30.21 | 62.35K |
| Sep 16, 2026 | $30.07 | $30.43 | $29.86 | $30.28 | 63.11K |
| Sep 15, 2026 | $29.93 | $29.96 | $29.25 | $29.73 | 105.88K |
| Sep 14, 2026 | $30.33 | $31.095 | $29.74 | $29.83 | 114.07K |
| Sep 11, 2026 | $30.14 | $31.68 | $29.975 | $30.91 | 132.34K |
| Sep 10, 2026 | $29.55 | $30.48 | $28.78 | $29.37 | 116.75K |
| Sep 9, 2026 | $30.53 | $31.31 | $29.18 | $29.55 | 251.6K |
| Sep 8, 2026 | $28.33 | $29.84 | $28.1856 | $29.11 | 184K |
| Sep 4, 2026 | $27.60 | $28.43 | $27.60 | $28.38 | 64.52K |
| Sep 3, 2026 | $27.44 | $28.03 | $27.40 | $27.58 | 61.26K |
| Sep 2, 2026 | $27.00 | $27.43 | $27.00 | $27.27 | 81.4K |
| Sep 1, 2026 | $27.20 | $27.52 | $26.77 | $27.00 | 65.8K |
| Aug 31, 2026 | $26.72 | $27.87 | $26.64 | $27.43 | 80.49K |
Latest PPIH news
The latest Smart Investors Daily articles mentioning PPIH.
Stock researchCompany · Overview
PPIH research
Overview
Company profile and research snapshot.
Company profile
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, the Middle East, Europe, India, and other countries.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- —
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 11, 2026 | Freedom Broker | Buy | — |
News briefing
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Yahoo · Sep 15, 2026
PPIH's Q2 Earnings Rise Y/Y on Strong North America, MENA Sales
Perma-Pipe's fiscal Q2 earnings per share and sales improve year over year on higher North America and MENA volumes, while backlog growth and new awards support momentum despite margin pressure.
SeekingAlpha · Sep 15, 2026
Perma-Pipe: Robust Growth And Strong Execution Lead To Virtuous Cycle
Perma-Pipe could be a strong compounder: Q2-2026 growth, district heating tailwinds, Middle East expansion & price targets. Click for more on PPIH stock.
Yahoo · Sep 12, 2026
Perma-Pipe’s (PPIH) Middle East Bet Just Got A Lot More Real
On September 9, Perma-Pipe International Holdings (NASDAQ:PPIH) reported second-quarter results that showed a company stretching well past its traditional turf. Net sales climbed 24.4% year over year to $59.6 million, but the more telling figure sat inside the backlog. At $142.3 million as of July 31, it was up 17% from $121.6 million at the […]
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