Northwest Pipe (NWPX) Stock Price, News & Analysis

Company Overview

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. Its products are also used for hydroelectric power systems, wastewater systems, seismic resiliency, and other applications. In addition, this segment makes products for industrial plant piping systems and certain structural applications. The Precast segment provides stormwater and wastewater technology products, precast, and reinforced concrete products, including reinforced concrete pipe, manholes, box culverts, vaults and catch basins, pump lift stations, oil water separators, biofiltration units, steel casing pipes, and bar-wrapped concrete cylinder pipes, as well as pipeline system joints, fittings, specialized components, and other environmental and engineered solutions. The company sells its water infrastructure products under ParkUSA, Geneva Pipe and Precast, Permalok, and Northwest Pipe Company brands primarily to installation contractors. Northwest Pipe Company was incorporated in 1966 and is headquartered in Vancouver, Washington.

Key Stats

• Today's Range: $55.01 to $56.37
• 50-Day Range: $42.21 to $54.93
• 52-Week Range: $25.81 to $56.37
• Volume: 44,338 shs
• Average Volume: 42,468 shs
• Market Capitalization: $558.40 million
• P/E Ratio: 19.15
• Dividend Yield: N/A
• Price Target: $45.00
• Consensus Rating: Hold

Northwest Pipe Stock Analysis - MarketRank™

Northwest Pipe scored higher than 34% of companies evaluated by MarketBeat, and ranked 140th out of 179 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Northwest Pipe has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Northwest Pipe has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.44%

Earnings Growth

Earnings for Northwest Pipe are expected to grow by 5.44% in the coming year, from $3.31 to $3.49 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Northwest Pipe is 19.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Northwest Pipe is 19.15, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.87.

Price to Earnings Growth Ratio

Northwest Pipe has a PEG Ratio of 3.28. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Northwest Pipe has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.01% of the float of Northwest Pipe has been sold short.

Short Interest Ratio / Days to Cover

Northwest Pipe has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Northwest Pipe has recently increased by 9.67%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Northwest Pipe does not currently pay a dividend.

Dividend Growth

Northwest Pipe does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.01% of the float of Northwest Pipe has been sold short.

Short Interest Ratio / Days to Cover

Northwest Pipe has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Northwest Pipe has recently increased by 9.67%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.74

News Sentiment

Northwest Pipe has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Northwest Pipe this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for NWPX on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added Northwest Pipe to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Northwest Pipe insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $291,070.00 in company stock.

Percentage Held by Insiders

Only 3.30% of the stock of Northwest Pipe is held by insiders.

Percentage Held by Institutions

80.63% of the stock of Northwest Pipe is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NWPX Stock Analysis - Frequently Asked Questions

How have NWPX shares performed this year?

Northwest Pipe's stock was trading at $30.26 at the beginning of the year. Since then, NWPX stock has increased by 86.0% and is now trading at $56.29.
View the best growth stocks for 2024 here.

How were Northwest Pipe's earnings last quarter?

Northwest Pipe (NASDAQ:NWPX) posted its earnings results on Wednesday, May, 1st. The industrial products company reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.18. The industrial products company had revenue of $113.22 million for the quarter, compared to analysts' expectations of $103.20 million. Northwest Pipe had a trailing twelve-month return on equity of 8.47% and a net margin of 6.12%.

Who are Northwest Pipe's major shareholders?

Northwest Pipe's top institutional investors include Royce & Associates LP (5.81%), Geode Capital Management LLC (2.25%), State Street Corp (2.21%) and Assenagon Asset Management S.A. (0.54%). Insiders that own company stock include Scott J Montross, Richard A Roman, Miles Brittain, Aaron Wilkins, Michael C Franson, Megan A Kendrick and Keith R Larson.
View institutional ownership trends.

How do I buy shares of Northwest Pipe?

Shares of NWPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Northwest Pipe own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Northwest Pipe investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 5/01/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/03/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Steel pipe & tubes
• Sub-Industry: Construction & Engineering
• Current Symbol: NASDAQ:NWPX
• CUSIP: 66774610
• CIK: 1001385
• Web: www.nwpipe.com
• Phone: (360) 397-6250
• Fax: 360-397-6257
• Employees: 1,325
• Year Founded: 1966

Price Target and Rating

• Average Stock Price Target: $45.00
• High Stock Price Target: $50.00
• Low Stock Price Target: $40.00
• Potential Upside/Downside: -20.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.94
• Trailing P/E Ratio: 19.15
• Forward P/E Ratio: 17.01
• P/E Growth: 3.28
• Net Income: $21.07 million
• Net Margins: 6.12%
• Pretax Margin: 8.43%
• Return on Equity: 8.47%
• Return on Assets: 4.79%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 3.20
• Quick Ratio: 2.27

Sales & Book Value

• Annual Sales: $444.36 million
• Price / Sales: 1.26
• Cash Flow: $3.82 per share
• Price / Cash Flow: 14.75
• Book Value: $36.53 per share
• Price / Book: 1.54

Miscellaneous

• Outstanding Shares: 9,920,000
• Free Float: 9,592,000
• Market Cap: $558.40 million
• Optionable: Optionable
• Beta: 0.98