Northwest Pipe (NWPX) to Release Quarterly Earnings on Wednesday

Northwest Pipe (NASDAQ:NWPX) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.91 per share and revenue of $120.34 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Northwest Pipe Stock Performance

Shares of Northwest Pipe stock opened at $46.65 on Tuesday. The stock has a market cap of $462.72 million, a PE ratio of 15.87, a price-to-earnings-growth ratio of 2.85 and a beta of 1.05. The business has a fifty day simple moving average of $49.30 and a 200-day simple moving average of $47.91. The company has a quick ratio of 2.27, a current ratio of 3.20 and a debt-to-equity ratio of 0.17. Northwest Pipe has a 12 month low of $28.57 and a 12 month high of $57.76.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on NWPX shares. StockNews.com lowered Northwest Pipe from a “buy” rating to a “hold” rating in a report on Tuesday, January 14th. Northland Capmk lowered Northwest Pipe from a “strong-buy” rating to a “hold” rating in a report on Friday, November 1st. Finally, Northland Securities raised their price target on Northwest Pipe from $50.00 to $55.00 and gave the company a “market perform” rating in a research report on Friday, January 3rd.

About Northwest Pipe

Northwest Pipe Company, together with its subsidiaries, engages in the manufacture and supply of water-related infrastructure products in North America. It operates in two segments, Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems (Precast). The SPP segment offers large-diameter and high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems.