NWPX Stock Recent News

Northwest Pipe Company (NASDAQ:NWPX ) Q2 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Scott Montross - President and Chief Executive Officer Aaron Wilkins - Chief Financial Officer Conference Call Participants Julio Romero - Sidoti & Company, LLC Jean Ramirez - D.A. Davidson & Co. Operator Good day, and welcome to the Northwest Pipe Company Second Quarter 2023 Earnings Conference Call.

The Biden administration's investment into water infrastructure could be a significant benefit for Northwest Pipe Company, a company that offers steel pressure pipes and precast infrastructure. The latter segment has strong growth potential, especially with the need for water infrastructure upgrades across the US. Safer times to buy shares would be when orders for the Precast segment are increasing and overall top and bottom line growth is seen.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

VANCOUVER, Wash. , March 16, 2023 /PRNewswire/ -- Northwest Pipe Company (NASDAQ: NWPX), an industry leader of engineered pipeline systems for water infrastructure, announced today that Scott Montross, President and Chief Executive Officer, and Aaron Wilkins, Chief Financial Officer, will participate in the Sidoti Small-Cap Virtual Conference on Thursday, March 23, 2023.

Northwest Pipe Co. (NWPX) delivered earnings and revenue surprises of 13.33% and 0.80%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Northwest Pipe Co. (NWPX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Northwest Pipe beat the market revenue and EPS estimate by 7.8% and 34.6% respectively. NWPX saw solid growth in revenue of both SPP and Precast segment.

Here is how Northwest Pipe Co. (NWPX) and Terex (TEX) have performed compared to their sector so far this year.

NWPX, IBA and FLEX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 15, 2022.

Northwest Pipe Co. (NWPX) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.