Northwest Pipe (NWPX) Receiving Somewhat Favorable Press Coverage, Study Shows

Media stories about Northwest Pipe (NASDAQ:NWPX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Northwest Pipe earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.2387925170622 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Northwest Pipe traded down $0.29, reaching $20.86, during mid-day trading on Friday, according to Marketbeat. 53,324 shares of the company were exchanged, compared to its average volume of 24,762. The company has a debt-to-equity ratio of 0.01, a current ratio of 11.87 and a quick ratio of 10.33. The stock has a market capitalization of $202.84 million, a P/E ratio of -32.09, a price-to-earnings-growth ratio of 20.86 and a beta of 1.12. Northwest Pipe has a 1 year low of $14.50 and a 1 year high of $22.00.

Northwest Pipe (NASDAQ:NWPX) last issued its quarterly earnings data on Thursday, May 3rd. The industrial products company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.05). The company had revenue of $33.37 million for the quarter, compared to analysts’ expectations of $31.00 million. Northwest Pipe had a negative return on equity of 2.79% and a negative net margin of 6.04%. equities research analysts anticipate that Northwest Pipe will post 0.1 earnings per share for the current fiscal year.

A number of research firms have recently issued reports on NWPX. ValuEngine raised Northwest Pipe from a “hold” rating to a “buy” rating in a research report on Thursday, May 17th. DA Davidson restated a “buy” rating on shares of Northwest Pipe in a research note on Friday, March 2nd. Finally, Zacks Investment Research upgraded Northwest Pipe from a “sell” rating to a “hold” rating in a research note on Thursday, May 3rd.

Northwest Pipe Company Profile

Northwest Pipe Company manufactures engineered steel pipe water systems in North America. It produces large-diameter, high-pressure, and engineered welded steel pipeline systems for use in drinking water infrastructure; and pipes for piling and hydroelectric projects, wastewater treatment plants, and other applications, as well as for industrial plant piping systems and structural applications.

Insider Buying and Selling by Quarter for Northwest Pipe (NASDAQ:NWPX)

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