Northwest Pipe - NWPX Stock Forecast, Price & News

Northwest Pipe Company, together with its subsidiaries, manufactures and supplies 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, high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems. Its products are also used for hydroelectric power systems, wastewater systems, and other applications. In addition, this segment makes products for industrial plant piping systems and certain structural applications. The Precast segment provides precast and reinforced concrete products, including manholes, box culverts, vaults, catch basins, oil water separators, pump lift stations, biofiltration, and other environmental and engineered solutions. The company sells its water infrastructure products primarily to installation contractors. Northwest Pipe Company was incorporated in 1966 and is headquartered in Vancouver, Washington.

Analysts Set New Price Targets

Separately, TheStreet upgraded Northwest Pipe from a "c+" rating to a "b" rating in a research note on Tuesday, May 10th.

Northwest Pipe Stock Up 1.0 %

NASDAQ:NWPX traded up $0.32 during trading hours on Monday, hitting $32.69. 33,554 shares of the company traded hands, compared to its average volume of 46,923. The company has a quick ratio of 2.13, a current ratio of 2.94 and a debt-to-equity ratio of 0.29. The firm's 50-day simple moving average is $30.57 and its 200-day simple moving average is $29.29. Northwest Pipe has a one year low of $23.11 and a one year high of $34.94. The company has a market cap of $324.15 million, a PE ratio of 15.87 and a beta of 0.76.

Insider Buying and Selling at Northwest Pipe

In other Northwest Pipe news, CEO Scott J. Montross sold 1,500 shares of the firm's stock in a transaction on Wednesday, May 18th. The stock was sold at an average price of $32.00, for a total transaction of $48,000.00. Following the transaction, the chief executive officer now directly owns 95,291 shares in the company, valued at approximately $3,049,312. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CEO Scott J. Montross sold 1,500 shares of the firm's stock in a transaction on Wednesday, May 18th. The stock was sold at an average price of $32.00, for a total transaction of $48,000.00. Following the completion of the sale, the chief executive officer now directly owns 95,291 shares of the company's stock, valued at approximately $3,049,312. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Scott J. Montross sold 2,500 shares of the firm's stock in a transaction on Monday, May 23rd. The shares were sold at an average price of $31.39, for a total value of $78,475.00. Following the sale, the chief executive officer now directly owns 92,791 shares of the company's stock, valued at $2,912,709.49. The disclosure for this sale can be found here. In the last three months, insiders have sold 20,552 shares of company stock worth $662,661. Corporate insiders own 2.60% of the company's stock.