Northwest Pipe (NASDAQ:NWPX – Get Rating) CEO Scott J. Montross sold 1,000 shares of the stock in a transaction that occurred on Monday, May 16th. The stock was sold at an average price of $30.00, for a total transaction of $30,000.00. Following the completion of the transaction, the chief executive officer now owns 96,791 shares in the company, valued at $2,903,730. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Northwest Pipe stock traded up $0.31 during mid-day trading on Tuesday, hitting $30.60. The stock had a trading volume of 1,069 shares, compared to its average volume of 76,851. Northwest Pipe has a one year low of $23.11 and a one year high of $34.52. The company has a current ratio of 3.46, a quick ratio of 2.56 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $303.55 million, a P/E ratio of 23.66 and a beta of 0.75. The firm’s 50 day moving average is $27.04 and its 200 day moving average is $28.56.
Northwest Pipe (NASDAQ:NWPX – Get Rating) last released its quarterly earnings data on Wednesday, May 4th. The industrial products company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.10. The firm had revenue of $109.33 million during the quarter, compared to analyst estimates of $100.00 million. Northwest Pipe had a return on equity of 6.53% and a net margin of 3.49%. As a group, equities research analysts forecast that Northwest Pipe will post 2.77 earnings per share for the current year.
A number of equities analysts recently commented on the company. DA Davidson reaffirmed a “buy” rating on shares of Northwest Pipe in a report on Thursday, March 17th. TheStreet raised Northwest Pipe from a “c+” rating to a “b” rating in a research note on Tuesday, May 10th. Zacks Investment Research upgraded Northwest Pipe from a “sell” rating to a “hold” rating in a research note on Tuesday, March 22nd. Finally, StockNews.com upgraded shares of Northwest Pipe from a “sell” rating to a “hold” rating in a research note on Saturday, March 26th.
Northwest Pipe Company Profile (Get Rating)
Northwest Pipe Company, together with its subsidiaries, manufactures and supplies water related infrastructure products in North America. It operates in two segments, Engineered Steel Pressure Pipe (SPP) and Precast Infrastructure and Engineered Systems (Precast). The SPP segment offers large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems.
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