News headlines about Northwest Pipe (NASDAQ:NWPX) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Northwest Pipe earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 47.26436171995 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern’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)
A number of analysts have recently weighed in on NWPX shares. Zacks Investment Research downgraded Northwest Pipe from a “hold” rating to a “sell” rating in a research report on Thursday, May 4th. Jefferies Group LLC reiterated a “hold” rating and set a $9.00 target price on shares of Northwest Pipe in a research report on Wednesday, April 12th.
Shares of Northwest Pipe (NWPX) traded up 2.4857% during mid-day trading on Tuesday, hitting $16.5002. The company had a trading volume of 19,215 shares. The company has a market capitalization of $158.55 million, a PE ratio of 270.4951 and a beta of 1.33. Northwest Pipe has a one year low of $11.21 and a one year high of $19.55. The company’s 50-day moving average is $15.91 and its 200 day moving average is $15.97.
Northwest Pipe (NASDAQ:NWPX) last announced its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported ($0.22) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.26) by $0.04. The company had revenue of $28.69 million during the quarter, compared to analysts’ expectations of $33 million. Northwest Pipe had a negative return on equity of 1.90% and a net margin of 0.45%. The firm’s quarterly revenue was down 31.8% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.65) earnings per share. On average, equities research analysts forecast that Northwest Pipe will post ($0.70) EPS for the current fiscal year.
About Northwest Pipe
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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