Northwest Pipe (NWPX) Expected to Announce Quarterly Earnings on Wednesday

Northwest Pipe (NASDAQ:NWPX) is anticipated to release 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. Parties interested in registering for the company’s conference call can do so using this link.

Northwest Pipe Stock Down 3.7 %

Northwest Pipe stock opened at $47.81 on Monday. The firm has a 50 day moving average price of $49.42 and a 200-day moving average price of $47.86. 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 twelve month low of $28.57 and a twelve month high of $57.76. The company has a market capitalization of $474.23 million, a P/E ratio of 16.26, a P/E/G ratio of 2.85 and a beta of 1.05.

Wall Street Analyst Weigh In

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

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.