Wall Street Zen upgraded shares of NWPX Infrastructure (NASDAQ:NWPX – Free Report) from a hold rating to a buy rating in a research note published on Saturday.
Other analysts also recently issued reports about the stock. DA Davidson lifted their price objective on shares of NWPX Infrastructure from $70.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Weiss Ratings raised shares of NWPX Infrastructure from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Finally, Zacks Research downgraded shares of NWPX Infrastructure from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $90.00.
Check Out Our Latest Stock Analysis on NWPX
NWPX Infrastructure Stock Performance
NWPX Infrastructure (NASDAQ:NWPX – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.40. NWPX Infrastructure had a net margin of 7.66% and a return on equity of 10.91%. The company had revenue of $138.25 million during the quarter, compared to the consensus estimate of $125.10 million. As a group, equities research analysts predict that NWPX Infrastructure will post 4.45 EPS for the current fiscal year.
Insider Activity
In other NWPX Infrastructure news, Director Amanda Julian sold 3,473 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $71.98, for a total value of $249,986.54. Following the transaction, the director owned 10,417 shares in the company, valued at approximately $749,815.66. The trade was a 25.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Megan A. Kendrick sold 4,500 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $80.59, for a total transaction of $362,655.00. Following the completion of the transaction, the vice president owned 6,996 shares in the company, valued at $563,807.64. The trade was a 39.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 20,273 shares of company stock worth $1,490,019 over the last ninety days. 3.20% of the stock is owned by insiders.
Hedge Funds Weigh In On NWPX Infrastructure
Hedge funds have recently modified their holdings of the company. Simplex Trading LLC increased its position in shares of NWPX Infrastructure by 193.9% in the fourth quarter. Simplex Trading LLC now owns 485 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 320 shares during the period. State of Alaska Department of Revenue purchased a new position in shares of NWPX Infrastructure in the third quarter valued at about $28,000. Wexford Capital LP purchased a new position in shares of NWPX Infrastructure during the third quarter valued at about $29,000. CWM LLC increased its position in shares of NWPX Infrastructure by 75.8% during the third quarter. CWM LLC now owns 582 shares of the industrial products company’s stock valued at $31,000 after buying an additional 251 shares during the period. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of NWPX Infrastructure during the fourth quarter valued at about $71,000. Hedge funds and other institutional investors own 80.63% of the company’s stock.
NWPX Infrastructure News Summary
Here are the key news stories impacting NWPX Infrastructure this week:
- Positive Sentiment: Q1 results materially beat expectations — EPS $1.08 vs. consensus ~$0.68 and revenue $138.3M (≈+19% YoY); gross profit and operating profit were record/strong, and net income rose sharply. These beats are the primary driver of the stock move. PR Newswire
- Positive Sentiment: Management highlighted record WTS backlog ($373M) and confirmed orders ($430M), strong cash from operations (~$29.3M) and a $2.2M share repurchase — signals of durable demand and shareholder returns that support a higher valuation. Quiver Quant
- Positive Sentiment: Company and analyst commentary from the earnings call reinforced an upbeat outlook and management raised cash expectations — adding confidence to near‑term guidance and liquidity expectations. TipRanks
- Neutral Sentiment: Analyst model updates — Northland Securities published quarterly/annual EPS estimates (Q1 $0.80, Q2 $1.47, FY ~$4.24). These raise expectations for upcoming quarters but are forward estimates to monitor. MarketBeat / Northland note
- Neutral Sentiment: Earnings-call transcripts and summaries are available (management tone and Q&A provide additional context on backlog, pricing and margins) — useful for investors deciding whether the beat is sustainable. Yahoo Finance transcript
- Negative Sentiment: Zacks downgraded NWPX from “strong‑buy” to “hold”, which could pressure momentum traders or sentiment in the short term. Zacks
- Negative Sentiment: Significant insider selling activity reported over recent months (multiple senior executives sold shares), which may concern some investors even though insiders can sell for many reasons. Quiver Quant (insider activity)
About NWPX Infrastructure
Northwest Pipe Company, together with its subsidiaries, engages in the manufacture and supply of 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 and high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems. Its products are also used for hydroelectric power systems, wastewater systems, seismic resiliency, and other applications.
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