Northland Power, Inc. (OTCMKTS:NPIFF) Given Consensus Recommendation of “Moderate Buy” by Analysts

Northland Power, Inc. (OTCMKTS:NPIFF) has been assigned an average rating of “Moderate Buy” from the seven brokerages that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

A number of research analysts have recently commented on NPIFF shares. TD Securities cut shares of Northland Power from a “buy” rating to a “hold” rating in a research report on Friday, November 21st. National Bank Financial reiterated an “outperform” rating on shares of Northland Power in a report on Wednesday, December 3rd. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Northland Power in a research report on Friday, November 21st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Northland Power in a research report on Friday, November 14th. Finally, Scotiabank reissued a “sector perform” rating on shares of Northland Power in a report on Friday, November 21st.

Northland Power Price Performance

Shares of OTCMKTS NPIFF opened at $15.98 on Friday. Northland Power has a 1-year low of $11.43 and a 1-year high of $18.44. The business has a 50-day moving average of $13.82 and a 200-day moving average of $15.01. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market capitalization of $4.18 billion and a price-to-earnings ratio of -32.61.

Northland Power (OTCMKTS:NPIFF) last announced its earnings results on Wednesday, February 25th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.34 by $0.20. The business had revenue of $525.98 million for the quarter, compared to the consensus estimate of $484.58 million. Northland Power had a positive return on equity of 9.66% and a negative net margin of 7.04%.

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.