Perma-Pipe Stock Up 13 percent Since Q3 Earnings Rise YY Amid Backlog Growth
PPIH Stock | USD 14.35 0.14 0.97% |
Under 67% of Perma Pipe's investor base is looking to short. The analysis of overall sentiment of trading Perma Pipe International Holdings stock suggests that many investors are alarmed at this time. Perma Pipe's investing sentiment shows overall attitude of investors towards Perma Pipe International Holdings.
Perma |
PPIH reports strong Q3 earnings with growing backlog and improved profitability, overcoming a 9 percent decline in net sales.
Read at zacks.com
Perma Pipe Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Perma Pipe can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Perma Pipe Fundamental Analysis
We analyze Perma Pipe's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Perma Pipe using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Perma Pipe based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Insiders
Shares Owned By Insiders Comparative Analysis
Perma Pipe is currently under evaluation in shares owned by insiders category among its peers. Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Perma Pipe Internati Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Perma Pipe stock to make a market-neutral strategy. Peer analysis of Perma Pipe could also be used in its relative valuation, which is a method of valuing Perma Pipe by comparing valuation metrics with similar companies.
Peers
Perma Pipe Related Equities
JBI | Janus International | 2.44 | ||||
BECN | Beacon Roofing | 2.11 | ||||
AZEK | Azek | 1.57 | ||||
AWI | Armstrong World | 1.39 | ||||
ROCK | Gibraltar Industries | 1.25 | ||||
TILE | Interface | 1.17 | ||||
APOG | Apogee Enterprises | 0.90 | ||||
NX | Quanex Building | 0.04 | ||||
JELD | Jeld Wen | 1.36 |
Complementary Tools for Perma Stock analysis
When running Perma Pipe's price analysis, check to measure Perma Pipe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Perma Pipe is operating at the current time. Most of Perma Pipe's value examination focuses on studying past and present price action to predict the probability of Perma Pipe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perma Pipe's price. Additionally, you may evaluate how the addition of Perma Pipe to your portfolios can decrease your overall portfolio volatility.
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |