DA Davidson Has Positive Estimate for NWPX FY2025 Earnings

Key Points

• DA Davidson has raised its FY2025 earnings per share estimate for NWPX Infrastructure to $3.21, an increase from the previous estimate of $3.19, while the consensus estimate stands at $3.32.
• NWPX Infrastructure reported $0.91 earnings per share for the recent quarter, surpassing the consensus estimate of $0.72 by $0.19 and generating revenues of $133.18 million.
• Shares of NWPX Infrastructure saw a 5.7% increase, and institutional investors hold 80.63% of the company's stock, indicating strong institutional support.

NWPX Infrastructure, Inc. (NASDAQ:NWPX - Free Report) - Research analysts at DA Davidson upped their FY2025 EPS estimates for shares of NWPX Infrastructure in a research note issued to investors on Monday, August 11th. DA Davidson analyst B. Thielman now anticipates that the industrial products company will earn $3.21 per share for the year, up from their previous estimate of $3.19. The consensus estimate for NWPX Infrastructure's current full-year earnings is $3.32 per share.

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

NWPX Infrastructure Trading Down 1.5%

Shares of NASDAQ:NWPX traded down $0.80 during trading on Wednesday, reaching $51.54. The stock had a trading volume of 127,483 shares, compared to its average volume of 66,244. The firm's fifty day moving average is $42.31 and its 200 day moving average is $42.69. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.76 and a current ratio of 3.95. NWPX Infrastructure has a 52 week low of $36.97 and a 52 week high of $57.76. The stock has a market cap of $497.36 million, a price-to-earnings ratio of 15.52, a P/E/G ratio of 1.52 and a beta of 0.93.

Insider Activity at NWPX Infrastructure

In other news, VP Megan A. Kendrick sold 3,500 shares of the company's stock in a transaction 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 sale, the vice president directly owned 10,560 shares of the company's stock, valued at approximately $528,000. This represents a 24.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 3.20% of the company's stock.

Institutional Investors Weigh In On NWPX Infrastructure

A number of institutional investors have recently modified their holdings of the company. Man Group plc bought a new stake in shares of NWPX Infrastructure in the 2nd quarter valued at $212,000. BNP Paribas Financial Markets boosted its stake in shares of NWPX Infrastructure by 41.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 15,324 shares of the industrial products company's stock valued at $628,000 after purchasing an additional 4,472 shares during the last quarter. Bridgeway Capital Management LLC boosted its stake in shares of NWPX Infrastructure by 4.7% in the 2nd quarter. Bridgeway Capital Management LLC now owns 102,946 shares of the industrial products company's stock valued at $4,222,000 after purchasing an additional 4,577 shares during the last quarter. Bank of America Corp DE boosted its stake in NWPX Infrastructure by 184.0% during the second quarter. Bank of America Corp DE now owns 32,317 shares of the industrial products company's stock worth $1,325,000 after acquiring an additional 20,936 shares in the last quarter. Finally, Westerly Capital Management LLC boosted its stake in NWPX Infrastructure by 37.5% during the second quarter. Westerly Capital Management LLC now owns 55,000 shares of the industrial products company's stock worth $2,256,000 after acquiring an additional 15,000 shares in the last quarter. 80.63% of the stock is owned by institutional investors.

NWPX Infrastructure 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.