PPIH — Perma-Pipe International Holdings Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Perma-Pipe International Holdings Inc

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 pip… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$31.88
Market Cap$258M
Float7.7M
Shares Outstanding8.1M
P/E (Forward)27.62
P/E (TTM)15.18
Price/Sales (TTM)1.22
vs. Analyst Target+22.3% to analyst PT
Profit Margin8.08%
Operating Margin (TTM)9.02%
Revenue (TTM)$211M
Earnings Growth (YoY)171.80%
Dividend RateNone
Analyst Target Price$39.00

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2021 $84.7M -$7.6M $11.2M -$2.2M
2022 $139M $6.1M $32.5M $13.6M
2023 $143M $5.9M $38.3M $15.4M
2024 $151M $10.5M $41.5M $16.1M
2025 $158M $9.0M $53.2M $20.3M
2026 $211M $17.0M $69.5M $34.5M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Apr 2025 $46.7M $5.0M
Jul 2025 $47.9M $851,000
Oct 2025 $61.1M $6.3M
Jan 2026 $55.1M $4.9M

Ownership & Float

Insider Ownership10.5%
Institutional Ownership52.9%
Short Float1.6%
% of All Funds Holding0.91%
Number of Funds Holding75

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$31.81Near-term / short-term trend
Weekly40-Week SMA$29.54Medium-term trend
Weekly80-Week SMA$23.13Cyclical trend (business cycle)
Weekly200-Week SMA$14.89Secular trend (multi-year)
Monthly10-Month SMA$29.27Near-term monthly trend
Monthly20-Month SMA$22.37Medium-term monthly trend
Monthly40-Month SMA$15.69Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$25.30 support 1.19x 4 months ago
$23.20 support 1.70x 6 months ago
$22.10 support 2.48x 8 months ago
$13.20 support 1.79x 10 months ago
$10.40 support 2.76x 19 months ago

Historical Earnings Reactions (128 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.54% 0.00% 49.22% 25.66% -18.92%
1 Day 1.04% 0.00% 44.53% 27.71% -22.91%
1 Week 0.68% 0.00% 48.44% 41.59% -26.38%
2 Weeks 0.81% -0.28% 48.44% 56.12% -30.99%
1 Month 2.40% 1.69% 58.59% 40.83% -31.36%

Next earnings: June 12, 2026 (13 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.2%56.8%37
Feb4.7%62.2%37
Mar-1.6%37.8%37
Apr0.8%51.4%37
May3.1%61.1%36
Jun5.0%52.8%36
Jul-1.3%36.1%36
Aug1.3%52.8%36
Sep-0.4%44.4%36
Oct-0.7%41.7%36
Nov1.2%52.8%36
Dec0.2%41.7%36

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.04% 38.3% 1728
Tuesday 0.13% 40.3% 1884
Wednesday 0.18% 39.5% 1880
Thursday -0.02% 37.2% 1846
Friday 0.19% 39.8% 1837

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 52.9%

Insider Transactions — Smart Summary

Total insider ownership: 10.5%

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Perma-Pipe International Holdings Inc (PPIH) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for PPIH on Trend Edge →