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

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

Several brokerages recently issued reports on NPIFF. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Northland Power in a research report on Friday, March 27th. Desjardins restated a “hold” rating on shares of Northland Power in a research report on Friday.

Northland Power Stock Performance

Shares of OTCMKTS NPIFF opened at $16.87 on Tuesday. The firm has a 50 day moving average of $16.35 and a 200 day moving average of $15.01. 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 firm has a market capitalization of $4.41 billion and a price-to-earnings ratio of -34.43. Northland Power has a 12-month low of $11.43 and a 12-month high of $18.44.

Northland Power (OTCMKTS:NPIFF) last announced its earnings results on Wednesday, February 25th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.20. The company had revenue of $525.98 million during the quarter, compared to analyst estimates of $484.58 million. Northland Power had a negative net margin of 7.04% and a positive return on equity of 9.75%.

About Northland Power

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.