Press coverage about Northwest Pipe (NASDAQ:NWPX) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Northwest Pipe earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the industrial products company an impact score of 46.2427858449441 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Northwest Pipe Company (NWPX) Receives Average Rating of “Buy” from Brokerages (americanbankingnews.com)
- Northwest Pipe Sales Down 31.8% in 2Q (mdm.com)
- Edited Transcript of NWPX earnings conference call or presentation 3-Aug-17 2:00pm GMT (finance.yahoo.com)
- Northwest Pipe Company Reports Improved Second Quarter Results, Significantly Higher Backlog and Announces Conference Call (finance.yahoo.com)
- Northwest Pipe Company (NWPX) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS (americanbankingnews.com)
Several equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Northwest Pipe from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Jefferies Group LLC reissued a “hold” rating and issued a $9.00 price objective on shares of Northwest Pipe in a research report on Wednesday, April 12th.
Shares of Northwest Pipe (NASDAQ:NWPX) opened at 16.02 on Monday. The company’s 50-day moving average is $15.91 and its 200-day moving average is $15.97. Northwest Pipe has a 12-month low of $11.21 and a 12-month high of $19.55. The firm has a market capitalization of $153.94 million, a price-to-earnings ratio of 262.62 and a beta of 1.33.
Northwest Pipe (NASDAQ:NWPX) last released its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported ($0.22) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.26) by $0.04. Northwest Pipe had a net margin of 0.45% and a negative return on equity of 1.90%. The company had revenue of $28.69 million for the quarter, compared to analyst estimates of $33 million. During the same quarter last year, the firm posted ($0.65) earnings per share. The company’s quarterly revenue was down 31.8% compared to the same quarter last year. On average, equities analysts forecast that Northwest Pipe will post ($0.70) earnings per share for the current fiscal year.
Northwest Pipe Company Profile
Northwest Pipe Company is a manufacturer of engineered steel pipe water systems. The Company operates through two segments. The Water Transmission segment produces steel pipeline systems for use in drinking water infrastructure, and has approximately eight manufacturing facilities, located in Portland, Oregon; Denver, Colorado; Adelanto, California; Parkersburg, West Virginia; Saginaw, Texas; St.
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