Northwest Pipe (NWPX) Expected to Announce Earnings on Wednesday

Northwest Pipe (NASDAQ:NWPX) is projected to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.91 per share and revenue of $120.34 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Northwest Pipe Trading Down 2.4 %

Shares of NWPX opened at $46.65 on Tuesday. The company has a market capitalization of $462.72 million, a P/E ratio of 15.87, a P/E/G ratio of 2.85 and a beta of 1.05. Northwest Pipe has a one year low of $28.57 and a one year high of $57.76. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.27 and a current ratio of 3.20. The stock has a 50-day moving average price of $49.30 and a 200 day moving average price of $47.91.

Analysts Set New Price Targets

A number of research analysts recently commented on NWPX shares. Northland Capmk downgraded Northwest Pipe from a “strong-buy” rating to a “hold” rating in a report on Friday, November 1st. StockNews.com cut Northwest Pipe from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, Northland Securities increased their price target on Northwest Pipe from $50.00 to $55.00 and gave the company a “market perform” rating in a research note on Friday, January 3rd.

About Northwest Pipe

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.