FY2025 EPS Estimates for Northwest Pipe Lowered by Analyst

Northwest Pipe (NASDAQ:NWPX - Free Report) - Equities researchers at DA Davidson dropped their FY2025 earnings estimates for 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 per share of $3.19 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 released its quarterly 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 firm 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 research firms also recently issued reports on NWPX. StockNews.com downgraded shares of Northwest Pipe from a "buy" rating to a "hold" rating in a report on Tuesday, January 14th. Sidoti upgraded shares of Northwest Pipe to a "hold" rating in a research note on Tuesday, February 25th.

Northwest Pipe Stock Down 0.4 %

Northwest Pipe stock traded down $0.15 during midday trading on Monday, reaching $38.41. The stock had a trading volume of 16,643 shares, compared to its average volume of 77,641. The stock has a market capitalization of $381.60 million, a P/E ratio of 13.06, a price-to-earnings-growth ratio of 2.85 and a beta of 0.96. The firm's fifty day simple moving average is $41.24 and its 200-day simple moving average is $47.18. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.27 and a current ratio of 3.20. Northwest Pipe has a 1-year low of $32.04 and a 1-year high of $57.76.

Institutional Trading of Northwest Pipe

Hedge funds have recently made changes to their positions in the business. Aquatic Capital Management LLC bought a new stake in Northwest Pipe in the 4th quarter valued at $30,000. AlphaQuest LLC acquired a new position in shares of Northwest Pipe in the 4th quarter valued at approximately $31,000. New York State Teachers Retirement System bought a new stake in Northwest Pipe during the first quarter worth $37,000. Point72 Asset Management L.P. acquired a new stake in Northwest Pipe in the fourth quarter valued at about $53,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Northwest Pipe by 33.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,277 shares of the industrial products company's stock valued at $62,000 after purchasing an additional 319 shares during the last quarter. 80.63% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Aaron Wilkins sold 1,000 shares of the company's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $44.00, for a total value of $44,000.00. Following the sale, the chief financial officer now directly owns 23,467 shares of the company's stock, valued at approximately $1,032,548. This represents a 4.09 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.30% of the stock is owned by corporate 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.