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

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have earned a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several brokerages recently weighed in on NPIFF. Desjardins reaffirmed a “hold” rating on shares of Northland Power in a report on Friday, May 1st. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Northland Power in a report on Friday, March 27th.

Northland Power Stock Up 0.7%

Shares of OTCMKTS:NPIFF opened at $17.00 on Tuesday. The firm’s 50 day moving average price is $16.58 and its 200 day moving average price is $14.99. The stock has a market cap of $4.45 billion and a price-to-earnings ratio of -34.70. Northland Power has a fifty-two week low of $11.43 and a fifty-two week high of $18.44. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.42.

Northland Power (OTCMKTS:NPIFF) last issued its earnings results on Wednesday, February 25th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.20. The firm 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 7.04% and a positive return on equity of 9.75%.

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.