Northwest Pipe (NASDAQ:NWPX) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 12-month consensus price target of $26.00 for the company and are forecasting that the company will post ($0.15) EPS for the current quarter, according to Zacks. Zacks has also given Northwest Pipe an industry rank of 36 out of 265 based on the ratings given to its competitors.
A number of analysts have recently weighed in on the company. ValuEngine raised Northwest Pipe from a “sell” rating to a “hold” rating in a research note on Saturday. Zacks Investment Research lowered Northwest Pipe from a “hold” rating to a “sell” rating in a research note on Thursday, January 25th. Finally, DA Davidson reissued a “buy” rating on shares of Northwest Pipe in a research note on Friday, March 2nd.
Northwest Pipe (NASDAQ NWPX) opened at $20.05 on Wednesday. Northwest Pipe has a 52-week low of $12.41 and a 52-week high of $21.36. The company has a market cap of $199.01, a P/E ratio of -18.92, a price-to-earnings-growth ratio of 7.40 and a beta of 1.22.
Northwest Pipe (NASDAQ:NWPX) last released its quarterly earnings data on Wednesday, February 28th. The industrial products company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.09. The firm had revenue of $35.63 million during the quarter, compared to analyst estimates of $39.00 million. Northwest Pipe had a negative return on equity of 3.51% and a negative net margin of 7.65%. equities analysts expect that Northwest Pipe will post 0.28 EPS for the current fiscal year.
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Northwest Pipe Company Profile
Northwest Pipe Company is a manufacturer of engineered steel pipe water systems. The Company produces steel pipeline systems for use in drinking water infrastructure, and has approximately eight manufacturing facilities, located in Portland, Oregon; Denver, Colorado; Adelanto, California; Parkersburg, West Virginia; Saginaw, Texas; St.
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