Shares of Northwest Pipe (NASDAQ:NWPX) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokers have set a 1 year consensus price objective of $30.00 for the company and are anticipating that the company will post $0.55 EPS for the current quarter, according to Zacks. Zacks has also given Northwest Pipe an industry rank of 64 out of 256 based on the ratings given to its competitors.
NWPX has been the topic of a number of research analyst reports. Zacks Investment Research lowered shares of Northwest Pipe from a “buy” rating to a “hold” rating in a report on Tuesday. ValuEngine lowered shares of Northwest Pipe from a “hold” rating to a “sell” rating in a report on Thursday, August 1st.
NWPX stock traded up $0.17 during trading on Thursday, hitting $22.72. The stock had a trading volume of 1,080 shares, compared to its average volume of 22,084. Northwest Pipe has a twelve month low of $16.52 and a twelve month high of $26.48. The stock has a market cap of $218.65 million, a PE ratio of -126.28, a P/E/G ratio of 1.34 and a beta of 0.76. The business’s 50-day moving average price is $24.62.
Northwest Pipe (NASDAQ:NWPX) last announced its earnings results on Wednesday, May 8th. The industrial products company reported $0.22 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.04. The firm had revenue of $62.64 million for the quarter, compared to analyst estimates of $55.00 million. Northwest Pipe had a net margin of 12.13% and a return on equity of 0.83%. As a group, sell-side analysts anticipate that Northwest Pipe will post 1.68 EPS for the current year.
Northwest Pipe Company Profile
Northwest Pipe Company manufactures engineered welded steel pipe water systems in North America. It produces large-diameter, high-pressure, and engineered welded steel pipeline systems for use in drinking water infrastructure; and pipes for piling and hydroelectric projects, water and wastewater treatment plants, and other applications, as well as for industrial plant piping systems and structural applications.
Read More: What is the Current Ratio?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Northwest Pipe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northwest Pipe and related companies with MarketBeat.com's FREE daily email newsletter.