Northwest Pipe (NASDAQ:NWPX - Get Free Report) issued its quarterly earnings data on Wednesday. The industrial products company reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.18, Zacks reports. Northwest Pipe had a return on equity of 6.36% and a net margin of 4.74%. The business had revenue of $113.22 million for the quarter, compared to analyst estimates of $103.20 million. During the same quarter in the previous year, the company posted $0.23 EPS.
Northwest Pipe Trading Up 2.1 %
Shares of NASDAQ NWPX traded up $0.66 during trading on Thursday, reaching $32.29. The company had a trading volume of 86,531 shares, compared to its average volume of 44,831. The stock has a market cap of $320.32 million, a P/E ratio of 15.13, a PEG ratio of 2.74 and a beta of 0.97. The company has a quick ratio of 1.88, a current ratio of 2.83 and a debt-to-equity ratio of 0.16. The company's fifty day moving average price is $32.66 and its 200-day moving average price is $29.93. Northwest Pipe has a 12 month low of $25.58 and a 12 month high of $35.32.
Analyst Upgrades and Downgrades
NWPX has been the topic of a number of analyst reports. TheStreet upgraded Northwest Pipe from a "c+" rating to a "b-" rating in a research report on Thursday, February 1st. StockNews.com upgraded Northwest Pipe from a "hold" rating to a "buy" rating in a research report on Tuesday, March 5th. Finally, DA Davidson upped their price target on Northwest Pipe from $37.00 to $40.00 and gave the company a "buy" rating in a research report on Wednesday, March 6th.
View Our Latest Stock Report on NWPX
About Northwest Pipe
(
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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.
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