Northwest Pipe (NWPX) Getting Somewhat Positive News Coverage, Report Shows
News stories about Northwest Pipe (NASDAQ:NWPX) have been trending somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million news and blog sources. 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 impact score of 0.03 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 46.7012903518204 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, Zacks Investment Research lowered shares of Northwest Pipe from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th.
Northwest Pipe (NASDAQ NWPX) traded up $0.20 during midday trading on Wednesday, reaching $18.01. 28,200 shares of the company’s stock traded hands, compared to its average volume of 57,045. Northwest Pipe has a fifty-two week low of $12.41 and a fifty-two week high of $21.11.
Northwest Pipe (NASDAQ:NWPX) last released its quarterly earnings results on Tuesday, October 31st. The industrial products company reported ($0.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.09). Northwest Pipe had a negative return on equity of 3.03% and a negative net margin of 1.59%. The firm had revenue of $38.80 million during the quarter, compared to analysts’ expectations of $40.00 million. During the same period in the prior year, the firm posted $0.08 earnings per share. Northwest Pipe’s revenue for the quarter was down 5.5% compared to the same quarter last year. sell-side analysts anticipate that Northwest Pipe will post -0.9 EPS for the current fiscal year.
TRADEMARK VIOLATION NOTICE: “Northwest Pipe (NWPX) Getting Somewhat Positive News Coverage, Report Shows” was posted by Watch List News and is owned by of Watch List News. If you are viewing this story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at https://www.watchlistnews.com/northwest-pipe-nwpx-getting-somewhat-positive-news-coverage-report-shows/1733372.html.
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.
Receive News & Ratings for Northwest Pipe Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northwest Pipe Company and related companies with Analyst Ratings Network's FREE daily email newsletter.