PPIH has a history of lumpy quarters. So I'm guessing these stellar fiscal Q1 earnings are on the high side. But with that large backlog, who knows?
I wouldn't be surprised to see the stock hit $20+ in the coming days, but the buying opportunity on this one was a couple months ago. When the the stock was already undervalued in the $11's...then cratered down to around $9 on no news...what a steal!