Perma-Pipe International

PPIH

Market cap $209M

Overview Fund Activity

22.73 USD

-3.46

13.21%

At close Updated Sep 16, 4:00 PM EDT

Pre-market

After hours

22.91

+0.18

0.79%

1 day

-13.21%

5 days

-26.68%

1 month

-16.34%

3 months

2.9%

6 months

66.15%

Year to date

56.87%

1 year

73.91%

5 years

291.9%

10 years

378.53%

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, the Middle East, Europe, India, and other countries.

Employees: 750

Industrials Building Products & Equipment

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

97% more call options, than puts

Call options by funds: $2.42M | Put options by funds: $1.23M

75% more capital invested

Capital invested by funds: $40.9M [Q1] → $71.7M (+$30.8M) [Q2]

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

5% more funds holding

Funds holding: 41 [Q1] → 43 (+2) [Q2]

1.55% less ownership

Funds ownership: 41.22% [Q1] → 39.68% (-1.55%) [Q2]

53% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 19

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Financial journalist opinion

Perma-Pipe International Holdings, Inc. Announces Second Quarter 2025 Financial Results and Initiates Exploration of Strategic Alternatives to Maximize Shareholder Value

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter ended July 31, 2025. “For the three months ended July 31, 2025, net sales were $47.9 million, an increase of $10.4 million, or 27.7%, compared to $37.5 million in the prior-year quarter. Growth was driven by higher sales volumes in both the Middle East and North America. Gross profit was $14.4 million, up $0.9 million from $13.5 million last year, refle.

Perma-Pipe International Holdings, Inc. Announces Second Quarter 2025 Financial Results and Initiates Exploration of Strategic Alternatives to Maximize Shareholder Value

Perma-Pipe International: Unexpected Data Center Player

Perma-Pipe's specialty pipes and leak detection systems serve critical roles in energy, oil & gas, and increasingly, data center markets. The shift to liquid cooling in data centers creates a significant new growth avenue and recent strategic hires highlight management's commitment to expanding in the data center. While data centers offer growth, the legacy pipeline business remains robust, ensuring a stable foundation for continued company success.

Perma-Pipe International: Unexpected Data Center Player

Zacks Investment Research

PPIH Stock Soars 46% as Q1 Earnings Rise Y/Y on Solid MENA Growth

Perma-Pipe's Q1 earnings per share improve year over year, driven by strong MENA demand and margin gains, despite rising payroll costs impacting operating expenses.

PPIH Stock Soars 46% as Q1 Earnings Rise Y/Y on Solid MENA Growth

Perma-Pipe International Holdings, Inc. Announces First Quarter Fiscal 2025 Financial Results

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the first quarter ended April 30, 2025. “Sales for the first quarter were $46.7 million, resulting in an increase of $12.4 million, or 36.2%, compared to $34.3 million in the same quarter last year. Net income attributable to common stock of $5.0 million was an increase of $3.6 million, or 243%, compared to $1.4 million in the first quarter of the prior year,” noted Presi.

Perma-Pipe International Holdings, Inc. Announces First Quarter Fiscal 2025 Financial Results

Perma-Pipe International Holdings, Inc. Announces the Departure of David Mansfield and the Appointment of Saleh Sagr as President and Chief Executive Officer

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH, or “Perma-Pipe”), today announced the departure of David Mansfield as Chief Executive Officer ("CEO"), effective June 7, 2025. Concurrent with this announcement, the Board of Directors (the "Board") has appointed Saleh Sagr to serve as President and Chief Executive Officer. Chairman of the Board Jerome T. Walker commented: "On behalf of the Board of Directors, I want to thank David for his service to Perma-Pi.

Perma-Pipe International Holdings, Inc. Announces the Departure of David Mansfield and the Appointment of Saleh Sagr as President and Chief Executive Officer

Perma-Pipe: Riding The Infrastructure Wave, Anchored To Oil

Perma-Pipe reported strong FY2024 results, with Q4 revenue up 12% YoY and gross margins steady at 33.5%, supported by a record-high backlog of $167.5 million. The company's growth is largely driven by Middle Eastern energy infrastructure expansion, making its outlook highly sensitive to oil prices and government-backed project cycles. Valuation appears reasonable at ~$13/share, with moderate multiples (11.6x P/E, 4.9x EV/EBITDA) and normalized net income nearly doubling YoY after adjusting for one-time tax gains.

Perma-Pipe: Riding The Infrastructure Wave, Anchored To Oil

Perma-Pipe International Holdings, Inc. Announces New Contract Award in Qatar

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced that it has received its first project award to be executed in Qatar since the announcement of the intent to mobilize there. The project will be for USD $2.4 million and will utilize Perma-Pipe's fabrication capabilities and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Adham Sharkawy, Senior Vice President of Perma-Pipe'.

Perma-Pipe International Holdings, Inc. Announces New Contract Award in Qatar

Zacks Investment Research

Perma-Pipe Stock Up 14% Despite Y/Y Decline in 2024 Earnings

PPIH's fiscal 2024 earnings decline year over year due to a prior one-time tax benefit, despite higher sales and margin gains.

Perma-Pipe Stock Up 14% Despite Y/Y Decline in 2024 Earnings

Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2024 Financial Results

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2024 fiscal year ended January 31, 2025. “Sales for the fourth quarter and full year 2024 show moderate growth and were $45.0 million and $158.4 million, resulting in increases of $4.8 million and $7.7 million, compared to the prior year. Income before taxes was $5.3 million and $18.5 million in the fourth quarter and for the full year 2024, which i.

Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2024 Financial Results

Perma-Pipe International Holdings, Inc., announces new project awards in the Americas and MENA region

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has been awarded several projects in the Americas and MENA region with an aggregate value in excess of USD $27 million. These projects will utilize Perma-Pipe's anti-corrosion coating capabilities, and the XTRU-THERM® insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing. Multiple awards for the provision of anticorrosion coating services for.

Perma-Pipe International Holdings, Inc., announces new project awards in the Americas and MENA region

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