Northland Capmk Issues Optimistic Estimate for NWPX Earnings

Key Points

• Northland Capital Markets has increased its FY2025 earnings per share estimate for NWPX Infrastructure to $2.86, surpassing their previous estimate of $2.76, while the consensus estimate stands at $3.32 per share.
• DA Davidson has set a price target of $60.00 for NWPX Infrastructure, reflecting confidence in the company's stock performance.
• NWPX Infrastructure reported earnings of $0.91 per share for the last quarter, exceeding analysts' expectations of $0.72, with revenue of $133.18 million, higher than the predicted $120.93 million.

NWPX Infrastructure, Inc. (NASDAQ:NWPX - Free Report) - Research analysts at Northland Capmk upped their FY2025 EPS estimates for shares of NWPX Infrastructure in a note issued to investors on Monday, August 11th. Northland Capmk analyst E. Jackson now anticipates that the industrial products company will post earnings of $2.86 per share for the year, up from their prior forecast of $2.76. The consensus estimate for NWPX Infrastructure's current full-year earnings is $3.32 per share. Northland Capmk also issued estimates for NWPX Infrastructure's FY2026 earnings at $3.14 EPS, FY2027 earnings at $3.10 EPS and FY2028 earnings at $3.12 EPS.

Separately, DA Davidson set a $60.00 target price on shares of NWPX Infrastructure in a research report on Monday, August 11th.

NWPX Infrastructure Stock Performance

NASDAQ NWPX traded down $0.80 during trading on Wednesday, reaching $51.54. The company's stock had a trading volume of 127,483 shares, compared to its average volume of 66,244. The company has a current ratio of 3.95, a quick ratio of 2.76 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $497.36 million, a price-to-earnings ratio of 15.52, a price-to-earnings-growth ratio of 1.52 and a beta of 0.93. NWPX Infrastructure has a 12 month low of $36.97 and a 12 month high of $57.76. The firm has a 50 day moving average price of $42.31 and a 200 day moving average price of $42.69.

NWPX Infrastructure (NASDAQ:NWPX - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The industrial products company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.19. The firm had revenue of $133.18 million during the quarter, compared to the consensus estimate of $120.93 million. NWPX Infrastructure had a net margin of 6.69% and a return on equity of 8.93%.

Hedge Funds Weigh In On NWPX Infrastructure

A number of institutional investors have recently added to or reduced their stakes in NWPX. CSM Advisors LLC acquired a new position in NWPX Infrastructure during the 2nd quarter worth approximately $6,075,000. Russell Investments Group Ltd. increased its position in NWPX Infrastructure by 258.7% during the 1st quarter. Russell Investments Group Ltd. now owns 96,863 shares of the industrial products company's stock worth $4,000,000 after purchasing an additional 69,856 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in NWPX Infrastructure during the 2nd quarter worth approximately $2,092,000. Millennium Management LLC increased its position in NWPX Infrastructure by 73.4% during the 4th quarter. Millennium Management LLC now owns 116,792 shares of the industrial products company's stock worth $5,636,000 after purchasing an additional 49,446 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in NWPX Infrastructure by 5.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 808,713 shares of the industrial products company's stock worth $39,029,000 after purchasing an additional 43,659 shares in the last quarter. 80.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NWPX Infrastructure

In other news, VP Megan A. Kendrick sold 3,500 shares of the business's stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $50.00, for a total value of $175,000.00. Following the completion of the transaction, the vice president directly owned 10,560 shares in the company, valued at approximately $528,000. The trade was a 24.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.20% of the company's stock.

About NWPX Infrastructure

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.