Northland Power, Inc. (OTCMKTS:NPIFF) Receives Consensus Rating of “Hold” from Brokerages

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have received an average rating of “Hold” from the seven analysts that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Several research analysts recently weighed in on NPIFF shares. Desjardins restated a “hold” rating on shares of Northland Power in a research report on Friday, May 1st. BMO Capital Markets restated a “market perform” rating on shares of Northland Power in a research report on Thursday, May 14th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Northland Power in a research report on Friday, March 27th. TD Securities restated a “hold” rating on shares of Northland Power in a research report on Friday, May 15th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of Northland Power in a research note on Friday, May 15th.

Northland Power Stock Down 0.2%

NPIFF stock opened at $16.96 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.42. The company’s 50 day moving average is $16.85 and its 200 day moving average is $14.88. The stock has a market cap of $4.44 billion and a price-to-earnings ratio of -40.38. Northland Power has a 1-year low of $11.43 and a 1-year high of $18.44.

Northland Power (OTCMKTS:NPIFF) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.20. The company had revenue of $525.98 million for the quarter, compared to analysts’ expectations of $484.58 million. Northland Power had a negative net margin of 5.63% and a positive return on equity of 10.84%.

Northland Power Company Profile

Northland Power Inc is a Canadian developer, owner and operator of power generation facilities, with a focus on clean and green energy. The company’s portfolio encompasses natural gas–fired, wind, solar and thermal projects, and its operations span from onshore and nearshore facilities in Canada to offshore wind farms in Europe. Northland Power is structured to manage all stages of a project’s lifecycle, from early-stage development and financing through construction and long-term operation.

In Canada, Northland Power operates a mix of combined-cycle gas turbines and peaking plants, as well as solar installations, serving industrial and municipal customers under long-term contracts.