Press coverage about Northwest Pipe (NASDAQ:NWPX) has been trending somewhat positive on Wednesday, according to Accern. The research group scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Northwest Pipe earned a news impact score of 0.06 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 45.7906141409876 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Separately, Zacks Investment Research raised Northwest Pipe from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research report on Wednesday, August 9th.

Northwest Pipe (NASDAQ:NWPX) opened at 18.25 on Wednesday. The company has a 50-day moving average price of $16.30 and a 200-day moving average price of $15.57. Northwest Pipe has a one year low of $11.25 and a one year high of $19.55. The firm has a market cap of $175.55 million, a PE ratio of 320.18 and a beta of 1.28.

Northwest Pipe (NASDAQ:NWPX) last posted its quarterly earnings results on Wednesday, August 2nd. The industrial products company reported ($0.22) EPS for the quarter, beating the 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 business had revenue of $28.69 million for the quarter, compared to analysts’ expectations of $33.00 million. During the same period in the previous year, the company posted ($0.65) EPS. Northwest Pipe’s revenue was down 31.8% on a year-over-year basis. Equities analysts predict that Northwest Pipe will post ($0.40) earnings per share for the current fiscal year.

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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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