Equities Analysts Issue Forecasts for NWPX FY2028 Earnings

Key Points

• Northland Securities raised its FY2028 EPS forecast for NWPX Infrastructure to $4.81 from $4.78 and set a FY2029 estimate of $4.89, compared with the current full-year consensus of $5.52.
• NWPX exceeded quarterly expectations, reporting $1.86 EPS versus $1.65 expected and revenue of $179.39 million versus the $167.74 million consensus.
• Analyst sentiment remains cautious: JPMorgan cut its price target to $120 and maintained a neutral rating, while Weiss Ratings and Wall Street Zen downgraded the stock to hold; the overall consensus rating is “Hold” with a $105 average target.

NWPX Infrastructure, Inc. (NASDAQ:NWPX - Free Report) - Research analysts at Northland Securities raised their FY2028 earnings per share estimates for shares of NWPX Infrastructure in a research note issued to investors on Friday, October 30th. Northland Securities analyst T. Jackson now anticipates that the industrial products company will post earnings per share of $4.81 for the year, up from their previous estimate of $4.78. The consensus estimate for NWPX Infrastructure's current full-year earnings is $5.52 per share. Northland Securities also issued estimates for NWPX Infrastructure's FY2029 earnings at $4.89 EPS.

NWPX Infrastructure (NASDAQ:NWPX - Get Free Report) last announced its earnings results on Wednesday, October 28th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.65 by $0.21. NWPX Infrastructure had a net margin of 8.87% and a return on equity of 13.24%. The company had revenue of $179.39 million during the quarter, compared to analysts' expectations of $167.74 million.

A number of other brokerages also recently issued reports on NWPX. Weiss Ratings downgraded NWPX Infrastructure from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, October 16th. Wall Street Zen downgraded NWPX Infrastructure from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, JPMorgan Chase & Co. reduced their target price on NWPX Infrastructure from $130.00 to $120.00 and set a "neutral" rating on the stock in a report on Friday. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, NWPX Infrastructure currently has a consensus rating of "Hold" and an average price target of $105.00.

NWPX Infrastructure Stock Performance

Shares of NASDAQ:NWPX opened at $99.15 on Tuesday. The company's 50 day moving average price is $103.11 and its two-hundred day moving average price is $101.50. NWPX Infrastructure has a 12-month low of $53.15 and a 12-month high of $152.03. The firm has a market cap of $955.81 million, a PE ratio of 18.13, a PEG ratio of 1.67 and a beta of 1.08. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 0.02.

Insider Transactions at NWPX Infrastructure

In other NWPX Infrastructure news, SVP Eric Stokes sold 12,631 shares of the stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $105.86, for a total transaction of $1,337,117.66. Following the transaction, the senior vice president directly owned 12,643 shares in the company, valued at approximately $1,338,387.98. This represents a 49.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael C. Franson sold 3,500 shares of the business's stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $105.30, for a total transaction of $368,550.00. Following the sale, the director owned 15,924 shares of the company's stock, valued at $1,676,797.20. This trade represents a 18.02% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 55,835 shares of company stock valued at $5,938,081. Company insiders own 3.30% of the company's stock.

Institutional Trading of NWPX Infrastructure

Several hedge funds have recently made changes to their positions in NWPX. Meeder Asset Management Inc. bought a new stake in shares of NWPX Infrastructure in the second quarter valued at approximately $41,000. Covestor Ltd grew its position in NWPX Infrastructure by 107.5% during the third quarter. Covestor Ltd now owns 583 shares of the industrial products company's stock worth $60,000 after buying an additional 302 shares in the last quarter. State of Wyoming bought a new position in NWPX Infrastructure in the 2nd quarter worth about $98,000. Central Pacific Bank Trust Division bought a new stake in shares of NWPX Infrastructure during the 2nd quarter valued at about $156,000. Finally, Quantbot Technologies LP bought a new stake in shares of NWPX Infrastructure during the 2nd quarter valued at about $197,000. 80.63% of the stock is currently owned by institutional investors.

Key Stories Impacting NWPX Infrastructure

Here are the key news stories impacting NWPX Infrastructure this week:

• Positive Sentiment: Northland Securities modestly raised its FY2028 EPS forecast to $4.81 from $4.78, indicating slightly improved expectations for the company’s intermediate-term earnings. The firm also issued a $4.89 FY2029 estimate. NWPX Infrastructure stock information
• Positive Sentiment: NWPX’s most recently reported quarter provided fundamental support: earnings of $1.86 per share exceeded the $1.65 consensus estimate, while revenue of $179.39 million surpassed expectations of $167.74 million.
• Neutral Sentiment: JPMorgan lowered its price target to $120 from $130 while maintaining a “neutral” rating. The revised target still implies meaningful potential appreciation from the stock’s referenced $99.15 level, but the cut signals reduced near-term conviction. JPMorgan analyst recommendations
• Negative Sentiment: Sidoti reduced its Q4 2026 EPS estimate to $0.90 from $1.13. The cut suggests analysts expect weaker near-term profitability, even though the full-year consensus remains $5.52 per share. Sidoti expects reduced earnings for NWPX Infrastructure
• Negative Sentiment: Northland lowered its FY2029 EPS forecast to $4.89 from $4.97. Although the adjustment is small and Northland separately increased its FY2028 estimate, the longer-term revision adds to concerns about earnings growth. Research analysts set expectations for NWPX earnings
• Negative Sentiment: Wall Street Zen also reported a downgrade, adding to the cautious analyst tone surrounding NWPX. NWPX Infrastructure stock downgrade

About NWPX Infrastructure

NWPX Infrastructure NASDAQ: NWPX, formerly known as Northwest Pipe Company, is an infrastructure manufacturer focused on products used to transport, store and manage water. The company supplies engineered steel pressure pipe and related systems for municipal water transmission, water treatment, wastewater and other utility applications.

Its product offerings also include precast concrete structures and components used in stormwater management, sanitary sewer systems and other civil infrastructure projects.

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