Northwest Pipe FY2025 EPS Forecast Decreased by DA Davidson

Northwest Pipe (NASDAQ:NWPX - Free Report) - Analysts at DA Davidson cut their FY2025 earnings per share (EPS) estimates for shares of Northwest Pipe in a research note issued on Friday, May 2nd. DA Davidson analyst B. Thielman now expects that the industrial products company will post earnings of $3.19 per share for the year, down from their prior forecast of $3.56. The consensus estimate for Northwest Pipe's current full-year earnings is $3.32 per share. DA Davidson also issued estimates for Northwest Pipe's FY2026 earnings at $4.00 EPS.

Northwest Pipe (NASDAQ:NWPX - Get Free Report) last issued its earnings results on Wednesday, April 30th. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.14). The company had revenue of $116.12 million during the quarter, compared to analyst estimates of $111.92 million. Northwest Pipe had a net margin of 6.12% and a return on equity of 8.47%.

A number of other equities research analysts have also recently weighed in on the company. Sidoti upgraded Northwest Pipe to a "hold" rating in a research note on Tuesday, February 25th. StockNews.com downgraded shares of Northwest Pipe from a "buy" rating to a "hold" rating in a research report on Tuesday, January 14th.

Northwest Pipe Stock Performance

Shares of Northwest Pipe stock traded up $1.18 on Monday, hitting $38.41. The stock had a trading volume of 31,285 shares, compared to its average volume of 54,493. The company's 50 day moving average price is $41.32 and its 200 day moving average price is $47.22. The stock has a market cap of $381.55 million, a price-to-earnings ratio of 13.12, a P/E/G ratio of 2.85 and a beta of 0.96. The company has a current ratio of 3.20, a quick ratio of 2.27 and a debt-to-equity ratio of 0.17. Northwest Pipe has a 52-week low of $32.04 and a 52-week high of $57.76.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Allworth Financial LP lifted its stake in shares of Northwest Pipe by 45.3% in the 1st quarter. Allworth Financial LP now owns 21,734 shares of the industrial products company's stock valued at $918,000 after purchasing an additional 6,778 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Northwest Pipe by 2.6% during the 1st quarter. Bank of New York Mellon Corp now owns 42,670 shares of the industrial products company's stock worth $1,762,000 after buying an additional 1,076 shares during the last quarter. New York State Teachers Retirement System acquired a new stake in shares of Northwest Pipe during the first quarter worth $37,000. Illumine Investment Management LLC raised its position in shares of Northwest Pipe by 2.7% during the 1st quarter. Illumine Investment Management LLC now owns 17,734 shares of the industrial products company's stock worth $732,000 after purchasing an additional 471 shares during the period. Finally, Byrne Asset Management LLC boosted its stake in Northwest Pipe by 62.2% during the 1st quarter. Byrne Asset Management LLC now owns 2,401 shares of the industrial products company's stock valued at $99,000 after purchasing an additional 921 shares during the period. Institutional investors and hedge funds own 80.63% of the company's stock.

Insiders Place Their Bets

In other news, CFO Aaron Wilkins sold 1,000 shares of the firm's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $44.00, for a total transaction of $44,000.00. Following the sale, the chief financial officer now owns 23,467 shares in the company, valued at $1,032,548. This trade represents a 4.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.30% of the stock is currently owned by company insiders.

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.