Northwest Pipe (NWPX) Projected to Post Quarterly Earnings on Wednesday

Northwest Pipe (NASDAQ:NWPX - Get Free Report) is projected to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect Northwest Pipe to post earnings of $0.53 per share and revenue of $111.92 million for the quarter.

Northwest Pipe Stock Up 0.2 %

Shares of NASDAQ:NWPX traded up $0.10 during mid-day trading on Friday, hitting $42.34. 28,580 shares of the company traded hands, compared to its average volume of 54,333. The stock has a 50-day moving average price of $42.50 and a two-hundred day moving average price of $47.48. Northwest Pipe has a 12-month low of $31.50 and a 12-month high of $57.76. The stock has a market cap of $420.65 million, a P/E ratio of 14.40, a P/E/G ratio of 2.85 and a beta of 0.94. The company has a current ratio of 3.20, a quick ratio of 2.27 and a debt-to-equity ratio of 0.17.

Insiders Place Their Bets

In other news, CFO Aaron Wilkins sold 1,000 shares of the business's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $44.00, for a total transaction of $44,000.00. Following the sale, the chief financial officer now owns 23,467 shares in the company, valued at approximately $1,032,548. The trade was a 4.09 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 3.30% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Sidoti upgraded shares of Northwest Pipe to a "hold" rating in a research note on Tuesday, February 25th. StockNews.com cut Northwest Pipe from a "buy" rating to a "hold" rating in a research note on Tuesday, January 14th. Finally, Northland Securities upped their price objective 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.

Northwest Pipe 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.