Northland Capmk Has Bullish Outlook for NWPX FY2025 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 raised their FY2025 earnings per share estimates for NWPX Infrastructure in a research report issued to clients and investors on Monday, August 11th. Northland Capmk analyst E. Jackson now expects that the industrial products company will earn $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.

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

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

NWPX Infrastructure Stock Down 0.7%

NWPX Infrastructure stock traded down $0.37 during trading on Wednesday, hitting $51.17. 39,839 shares of the company were exchanged, compared to its average volume of 70,344. The business's 50 day moving average is $42.31 and its 200 day moving average is $42.65. NWPX Infrastructure has a 52 week low of $36.97 and a 52 week high of $57.76. The company has a market capitalization of $493.79 million, a P/E ratio of 15.41, a PEG ratio of 1.52 and a beta of 0.93. The company has a current ratio of 3.95, a quick ratio of 2.81 and a debt-to-equity ratio of 0.11.

Insider Transactions at NWPX Infrastructure

In related news, VP Megan A. Kendrick sold 3,500 shares of the company's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $50.00, for a total transaction of $175,000.00. Following the completion of the sale, the vice president owned 10,560 shares in the company, valued at approximately $528,000. This represents a 24.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 3.20% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. New York State Teachers Retirement System bought a new position in NWPX Infrastructure in the 1st quarter valued at $37,000. SG Americas Securities LLC grew its stake in NWPX Infrastructure by 54.3% in the 1st quarter. SG Americas Securities LLC now owns 7,571 shares of the industrial products company's stock valued at $313,000 after purchasing an additional 2,663 shares during the period. Assenagon Asset Management S.A. grew its stake in NWPX Infrastructure by 9.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 53,875 shares of the industrial products company's stock valued at $2,225,000 after purchasing an additional 4,509 shares during the period. Renaissance Technologies LLC grew its stake in NWPX Infrastructure by 198.1% in the 4th quarter. Renaissance Technologies LLC now owns 32,200 shares of the industrial products company's stock valued at $1,554,000 after purchasing an additional 21,400 shares during the period. Finally, Two Sigma Investments LP grew its stake in NWPX Infrastructure by 27.4% in the 4th quarter. Two Sigma Investments LP now owns 35,297 shares of the industrial products company's stock valued at $1,703,000 after purchasing an additional 7,593 shares during the period. Institutional investors own 80.63% 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.