Northwest Pipe Co (NASDAQ: NWPX) has reported E.P.S. of $0.58 for its third fiscal quarter (ending September 30) versus $1.00 for the same period a year ago — a decline of -42%. Relative to the consensus estimate of $0.82, this was a shortfall of $-0.24. For the latest four quarters through September 30, E.P.S. were $2.37 compared to $2.57 a year ago — a decline of -8%.
Recent Price Action
On 11/2/23, Northwest Pipe Co (NASDAQ: NWPX) stock rose modestly by 0.4%, closing at $28.25. The stock has performed in line with the market over the last nine months and has risen 1.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, NWPX is expected to continue to be Value Creation neutral.
Northwest Pipe has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Northwest Pipe has a neutral Appreciation Score of 54 and a neutral Power Rating of 42, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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