Northwest Pipe (NASDAQ:NWPX) Posts Earnings Results, Beats Expectations By $0.09 EPS

Posted by Amy Steele on Feb 26th, 2025

Northwest Pipe (NASDAQ:NWPX – Get Free Report) announced its quarterly earnings results on Wednesday. The industrial products company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.09, Zacks reports. Northwest Pipe had a net margin of 6.12% and a return on equity of 8.47%.

Northwest Pipe Stock Down 0.3 %

Shares of Northwest Pipe stock traded down $0.16 during trading on Wednesday, hitting $48.02. 43,606 shares of the stock were exchanged, compared to its average volume of 77,278. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.20 and a quick ratio of 2.27. The stock has a market cap of $476.31 million, a price-to-earnings ratio of 16.33, a price-to-earnings-growth ratio of 2.85 and a beta of 1.05. Northwest Pipe has a 12-month low of $28.57 and a 12-month high of $57.76. The firm’s 50-day moving average price is $49.22 and its 200 day moving average price is $47.98.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Northland Securities lifted their target price on shares of Northwest Pipe from $50.00 to $55.00 and gave the company a “market perform” rating in a research note on Friday, January 3rd. StockNews.com lowered shares of Northwest Pipe from a “buy” rating to a “hold” rating in a report on Tuesday, January 14th. Finally, Northland Capmk cut Northwest Pipe from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 1st.

Check Out Our Latest Research Report on Northwest Pipe

Northwest Pipe Company Profile

(Get Free Report)

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.