Northwest Pipe (NWPX) to Release Earnings on Wednesday

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

Northwest Pipe Trading Down 2.1 %

NASDAQ:NWPX opened at $49.65 on Friday. Northwest Pipe has a 12 month low of $28.52 and a 12 month high of $57.76. The firm has a market cap of $492.53 million, a price-to-earnings ratio of 16.89, a P/E/G ratio of 3.05 and a beta of 1.05. The company has a quick ratio of 2.27, a current ratio of 3.20 and a debt-to-equity ratio of 0.17. The company’s 50 day moving average is $49.52 and its 200-day moving average is $47.68.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on NWPX. StockNews.com lowered shares of Northwest Pipe from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Northland Capmk downgraded shares of Northwest Pipe from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Northland Securities boosted their target price on shares of Northwest Pipe from $50.00 to $55.00 and gave the company a “market perform” rating in a research note on Friday, January 3rd.

Northwest Pipe Company Profile

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.