Media headlines about Northwest Pipe (NASDAQ:NWPX) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Northwest Pipe earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 47.2466939248246 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

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

Shares of Northwest Pipe (NASDAQ NWPX) opened at 18.34 on Friday. The company has a 50-day moving average of $15.88 and a 200-day moving average of $15.63. Northwest Pipe has a 1-year low of $11.25 and a 1-year high of $19.55. The stock has a market capitalization of $176.41 million, a price-to-earnings ratio of 321.75 and a beta of 1.33.

Northwest Pipe (NASDAQ:NWPX) last announced its earnings results on Wednesday, August 2nd. The industrial products company reported ($0.22) EPS for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.04. Northwest Pipe had a negative return on equity of 1.90% and a net margin of 0.45%. The company had revenue of $28.69 million during the quarter, compared to analysts’ expectations of $33 million. During the same period last year, the business posted ($0.65) EPS. Northwest Pipe’s revenue for the quarter was down 31.8% on a year-over-year basis. On average, equities research analysts expect that Northwest Pipe will post ($0.40) EPS 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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