Northland Power (NPIFF) Projected to Release Quarterly Earnings on Wednesday

by · The Markets Daily

Northland Power (OTCMKTS:NPIFF – Get Free Report) is expected to release its results after the market closes on Wednesday, August 12th. Analysts expect Northland Power to post earnings of $0.1244 per share and revenue of $375.6460 million for the quarter.

Northland Power Stock Down 1.0%

NPIFF stock opened at $15.42 on Wednesday. The company’s 50 day moving average price is $15.86 and its 200 day moving average price is $15.81. The firm has a market capitalization of $4.03 billion, a price-to-earnings ratio of -36.71 and a beta of 0.17. Northland Power has a fifty-two week low of $11.43 and a fifty-two week high of $18.44. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.16 and a current ratio of 1.16.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. BMO Capital Markets reiterated a “market perform” rating on shares of Northland Power in a report on Thursday, May 14th. Scotiabank restated a “sector perform” rating on shares of Northland Power in a report on Friday, May 15th. Desjardins reaffirmed a “hold” rating on shares of Northland Power in a research report on Friday, May 1st. Finally, TD Securities reiterated a “hold” rating on shares of Northland Power in a research note on Friday, May 15th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

View Our Latest Stock Report on Northland Power

About Northland Power

(Get Free Report)

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.

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