Northwest Pipe (NASDAQ:NWPX) has received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1 year consensus target price of $26.00 for the company and are anticipating that the company will post ($0.15) earnings per share 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 related companies.
Several research firms have commented on NWPX. ValuEngine raised Northwest Pipe from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Investment Research lowered Northwest Pipe from a “hold” rating to a “sell” rating in a research report on Thursday, January 25th. Finally, DA Davidson reissued a “buy” rating on shares of Northwest Pipe in a research report on Friday, March 2nd.
Northwest Pipe (NASDAQ:NWPX) opened at $20.05 on Wednesday. The firm has a market capitalization of $199.01, a price-to-earnings ratio of -18.92, a P/E/G ratio of 7.40 and a beta of 1.22. Northwest Pipe has a 52-week low of $12.41 and a 52-week high of $21.36.
Northwest Pipe (NASDAQ:NWPX) last issued its earnings results on Wednesday, February 28th. The industrial products company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.09. The business had revenue of $35.63 million for 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%. analysts predict that Northwest Pipe will post 0.28 EPS for the current year.
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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