Media headlines about Northwest Pipe (NASDAQ:NWPX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Northwest Pipe earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 45.5814135716818 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities research analysts recently commented on the stock. ValuEngine lowered shares of Northwest Pipe from a “buy” rating to a “hold” rating in a report on Thursday, August 9th. Zacks Investment Research lowered shares of Northwest Pipe from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 9th.
NWPX stock traded up $0.18 during midday trading on Thursday, hitting $18.10. The company’s stock had a trading volume of 408 shares, compared to its average volume of 28,693. Northwest Pipe has a twelve month low of $16.60 and a twelve month high of $22.00. The firm has a market capitalization of $175.82 million, a P/E ratio of -27.85 and a beta of 1.07.
Northwest Pipe (NASDAQ:NWPX) last issued its quarterly earnings results on Thursday, August 2nd. The industrial products company reported ($0.53) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.33). Northwest Pipe had a negative net margin of 8.68% and a negative return on equity of 4.67%. The business had revenue of $28.79 million during the quarter, compared to analyst estimates of $33.50 million. equities analysts expect that Northwest Pipe will post -0.32 earnings per share for the current fiscal year.
About Northwest Pipe
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.
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