Northwest Pipe Co (NASDAQ: NWPX) has benefited from meaningful positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for December, 2025 increased significantly.
Recent notable positive changes in investment behavior have benefitted Northwest Pipe Co (NASDAQ: NWPX): the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, NWPX is expected to continue to be Value Creation neutral.
Northwest Pipe has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Northwest Pipe has a slightly positive Appreciation Score of 64 and a good Power Rating of 85, with the Highest Value Trend Rating the result.
Recent Price Action
Northwest Pipe Co (NASDAQ: NWPX) stock closed at $33.26 on 6/21/24 after a modest gain of 0.3%. Moreover, exceptionally high trading volume at 285% of normal accompanied the advance. The stock has declined -1.9% during the last week but has been strong relative to the market over the last nine months.
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