DA Davidson Has Optimistic Outlook of 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 earnings per share (EPS) estimates for shares of NWPX Infrastructure in a research note issued on Monday, August 11th. DA Davidson analyst B. Thielman now forecasts that the industrial products company will earn $3.21 per share for the year, up from their prior forecast 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 issued its quarterly earnings results on Thursday, August 7th. The industrial products company reported $0.91 EPS for the quarter, beating 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 firm had revenue of $133.18 million for the quarter, compared to analysts' expectations of $120.93 million.

NWPX Infrastructure Stock Performance

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

Insider Activity at NWPX Infrastructure

In related news, VP Megan A. Kendrick sold 3,500 shares of the stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $50.00, for a total transaction of $175,000.00. Following the sale, the vice president owned 10,560 shares of the company's stock, valued at approximately $528,000. This represents a 24.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in NWPX. Aquatic Capital Management LLC bought a new stake in shares of NWPX Infrastructure during the fourth quarter valued at about $30,000. New York State Teachers Retirement System bought a new stake in shares of NWPX Infrastructure during the first quarter valued at about $37,000. Point72 Asset Management L.P. bought a new stake in shares of NWPX Infrastructure during the fourth quarter valued at about $53,000. Tower Research Capital LLC TRC increased its position in shares of NWPX Infrastructure by 33.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,277 shares of the industrial products company's stock valued at $62,000 after buying an additional 319 shares during the period. Finally, Byrne Asset Management LLC increased its position in shares of NWPX Infrastructure by 62.2% during the first quarter. Byrne Asset Management LLC now owns 2,401 shares of the industrial products company's stock valued at $99,000 after buying an additional 921 shares during the period. Hedge funds and other institutional investors own 80.63% of the company's stock.

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.