TickerTalks
Browse all tickers →
TickerTalks›$PPIH
PPPPIH

Perma-Pipe International Holdings, Inc.

$PPIH·$251M·Industrial - Machinery·Industrials
$30.55+0.9%YTD-0.9%1Y+33.2%
Price updated 7m ago·X counts updated 3d ago
PPPPIH
$PPIHPerma-Pipe International Holdings, Inc.
$30.55+0.89%62 posts1.1×
AI analysisFundamentalsVoices on X
Loading…

On X

The complete picture of $PPIH on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

62X posts · last 7 days
Sep 3Sep 14
Chatter Meter
1.1×
QuietNormal · 1×Loud

How loud $PPIH's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level, louder than 86% of tracked names.

Bullish sentimentAI analysisGenerated by AI from underlying data8 posts analyzed · as of 2026-09-16

Perma-Pipe's Q2 landed with revenue +24% to $59.6M, backlog $142.3M (up sequentially for a second quarter), and adjusted income before taxes +71% to $8.3M. Bulls stack the operational-leverage story (new Ohio facility ramping for AI data-center cooling, Qatar expansion, Jordan JV MOU) alongside a fresh $139M global credit facility and BlackRock's new ~5.2% position. The honest concern is a $3.9M bad-debt charge and a 90bp gross-margin compression from logistics and start-up costs — real, but not thesis-breaking.

Read what X is saying about $PPIH

  • Bullish vs bearish call — with the AI summary of the day's posts
  • Divergence flag when the top-engagement posts argue the other side
  • How loud the conversation is versus this ticker's own normal
Free, forever. No credit card.

AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $PPIH — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Proven numbersAcceleratingAI verdict · as of 2026-09-16

The move is getting stronger, with heavier trading behind it.

Perma-Pipe micro-cap +24% Q2 revenue with $142M backlog — data-center cooling and leak-detection recurring revenue.

Perma-Pipe International Holdings is a $250M-cap specialty piping and leak-detection systems maker — a genuinely under-followed micro-cap with a fresh Q3 revenue guide of ~$70M and legitimate data-center exposure.

  • The Q2 print is the setup: net sales +24% YoY to $59.6M with a $142.3M backlog and Q3 revenue guide of ~$70M — the backlog-to-revenue-conversion metric matters more than the trailing EPS misses on a small-cap where forward guidance is what re-rates the multiple.
  • Balance sheet was refreshed: Aug 25 new Credit Agreement with JPMorgan Chase replacing the April 2026 facility — cheaper terms and stronger relationships as the company scales, not a distress signal.
  • The pitch is credible: small-cap layup at $26 with data-center-cooling exposure and expanding leak-detection recurring revenue — a real product-mix shift toward higher-multiple recurring revenue if it plays out.

At 53% of the 52w range and 13% above the 50d, accelerating — the Dec 10 Q3 print with $70M revenue attribution and continued backlog growth restarts the move; a data-center-project delay or a fresh EPS miss (Q2 missed by 44%) turns accelerating into cooling. The 15x TTM P/E leaves room if the growth extends.

Agrees with X sentimentX longs are reading it right — Q2 +24% revenue growth, $142M backlog, Q3 guide of $70M, and data-center-cooling framing is a legitimate small-cap turnaround setup. The Sept 15 headline confirms the North America/MENA sales tailwind, though the sequential -44% Q2 EPS miss is the hedge.

What to watch: Dec 10 Q3 print for $70M revenue attribution and continued backlog growth. A data-center-project delay or a fresh EPS miss turns accelerating into cooling.

On the calendar: 2026-12-10 — Q3 earnings

data center cooling exposureleak detection recurring revenue142m backlog

Read the AI verdict on $PPIH

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
Free, forever. No credit card.

What it does

Plain-English summary of the business — what they sell and how they make money.

Engineers and manufactures pre-insulated piping systems and leak detection solutions for district energy and industrial fluid transport.

Industry overviewAI analysisGenerated by AI from underlying data

Where Industrial - Machinery sits in its cycle right now — and what that implies for $PPIH.

Industrial - Machinery · Industrials

AI data-center power and cooling capex is sustaining industrial-machinery order books; GE Vernova's gas turbines are a gating factor for hyperscaler power procurement, while grid-electrification demand remains multi-year. Reshoring and nuclear restart optionality layer secular demand above the cyclical recovery.

Industry benchmark

30-name peer basket
+13.9%YTD
+4.4%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
15.3How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
122%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
12.1%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
5.7%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
1.1Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
16.4%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
31.1%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.2Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Sep 9, 2026$0.31$0.55-43.6%
Q1 2026Jun 9, 2026$0.22$0.48-54.2%
Q1 2026Apr 16, 2026$0.60$0.44+36.4%
Q3 2025Dec 12, 2025$0.77——
Next earningsThu, Dec 10·consensus EPS $0.51

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q2 FY26$59.6M+24.4%29.2%7.1%$0.31$5.3M
Q1 FY26$50.3M+7.5%29.1%9.2%$0.22$4.9M
Q4 FY25$55.1M+22.5%31.4%12.6%$0.61$-8.8M
Q3 FY25$61.1M+47.1%34.4%18.6%$0.78$12.4M

Forward consensus

5-year forecast · up to 1 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$211.0M$211.0M – $211.0M$1.73$1.73 – $1.731
FY27$235.0M$235.0M – $235.0M$1.52$1.52 – $1.521
FY28$257.0M$257.0M – $257.0M$2.49$2.49 – $2.491
FY29$277.0M$277.0M – $277.0M$2.50$2.50 – $2.501
FY30$262.0M$262.0M – $262.0M$2.19$2.19 – $2.191

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.7×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.56%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+14.2%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+2.4%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatTiny float · 7.7M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.8% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β0.605-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

No open-market buys or sells in the last 180 days.

+ 10 other (7 awards · 3 inkinds) in window

See when $PPIH insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KAgreement terminatedAug 278-K — Item 1.01: Material agreement · Item 1.02: Agreement terminated · Item 2.03: Material debt obligation
AI summary

Perma-Pipe International Holdings entered a new Credit Agreement on August 25, 2026 with JPMorgan Chase Bank as administrative agent, replacing and terminating its prior April 2026 credit facility (all borrowings repaid at closing). The new facility provides a $75 million revolving credit facility (including $30M letters of credit and $5M swingline capacity), a $14 million term loan, and up to $50 million of incremental capacity. At closing, $14M was drawn under the term loan and $23M was outstanding under the revolver; proceeds were used for general corporate purposes. This is a material credit facility upsizing and refinancing — expands available liquidity and extends the Company's debt runway.

8-KShareholder voteJun 298-K — Item 5.07: Shareholder vote
S-3Shelf registrationJun 9S-3
8-KMaterial agreementApr 148-K — Item 1.01: Material agreement · Item 2.03: Material debt obligation
3New insider — initial holdingsApr 133
8-KOfficer or director changeApr 78-K — Item 5.02: Officer or director change · Item 7.01: Press release / Reg FD
+ 10 other (3 earnings 8-Ks · 2 10-Qs · 2 13Gs · 1 EFFECT) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

PPIH's Q2 Earnings Rise Y/Y on Strong North America, MENA Saleszacks.com·2d agoPerma-Pipe International Holdings, Inc. (PPIH) Q2 2027 Earnings Call Transcriptseekingalpha.com·8d agoPerma-Pipe International Q2 Earnings Call Highlightsmarketbeat.com·8d agoPerma-Pipe International Holdings, Inc. Announces Second Quarter Fiscal 2026 Financial Resultsgurufocus.com·8d agoPerma-Pipe International Holdings, Inc. Announces Second Quarter Fiscal 2026 Financial Resultsbusinesswire.com·8d ago

More in Industrial - Machinery

Peers in the same group — one click to compare setups, fundamentals, and chatter.

$BNC$GEV$VELO$SERV$XE$TWIN$ATS$RR
Voices on X · last 7 days

No standout posts about $PPIH on X in the last 7 days.

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

PrivacyTermsSupport