Northwest Pipe Stock Price Surges Above 200-Day Moving Average
January 19, 2023
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Northwest Pipe Stock Fair Value – On Monday, Northwest Pipe ($NASDAQ:NWPX) Co. (NASDAQ: NWPX) saw its stock price soar above its 200-day moving average of $32.46. Northwest Pipe is a leading manufacturer of engineered welded steel pipe products used in infrastructure projects around the world. The company’s products are used in a variety of applications including water transmission and oil and gas exploration. The surge on Monday pushed the stock to its highest level since mid-February. Analysts attribute the stock’s recent rally to strong earnings growth and increasing demand for the company’s products.
Investors are also encouraged by the company’s strategic partnerships with other leading companies in the steel pipe industry. The partnership is expected to further strengthen Northwest Pipe’s position as a leading supplier of steel pipe products. Overall, Northwest Pipe’s stock is on a bullish trend and investors are optimistic about the company’s future growth prospects. With a strong balance sheet, increasing demand for its products, and strategic partnerships, Northwest Pipe appears well positioned to continue to benefit from rising infrastructure spending around the world.
Stock Price
Despite the small dip from its opening price of $35.5, the stock price was still up 0.2% from its previous closing price. At the time of writing this news, the outlook for the company is mostly positive. As the stock price moves higher, it could potentially attract more attention from investors, potentially leading to further gains in the future. Northwest Pipe has been making steady progress in recent months and has been growing at a steady pace. The company has been increasing production, diversifying its products and services, and expanding into new markets. All of these efforts have been paying off, as the company continues to post strong results quarter after quarter.
The Northwest Pipe stock surge is a testament to the company’s success and could be a sign of more positive news to come. With the stock price now back above its 200-day moving average, investors may be more likely to look at Northwest Pipe as a viable investment opportunity. If the company continues to post strong numbers, this could lead to further growth in its stock price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Northwest Pipe. More…
| Total Revenues | Net Income | Net Margin |
| 453.38 | 25.46 | 5.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Northwest Pipe. More…
| Operations | Investing | Financing |
| -0.71 | -100.15 | 71.03 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Northwest Pipe. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 586.48 | 277.8 | 29.91 |
Key Ratios Snapshot
Some of the financial key ratios for Northwest Pipe are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.7% | 24.7% | 8.2% |
| FCF Margin | ROE | ROA |
| -3.9% | 7.8% | 3.9% |
VI Analysis – Northwest Pipe Stock Fair Value
NORTHWEST PIPE‘s financial fundamentals can be quickly assessed using VI App. After analyzing, VI Line estimates the intrinsic value of NORTHWEST PIPE share to be around $39.5. Currently, the stock is trading at $35.5, which is lower than the value estimated by the app, making it a good buy for investors as it is undervalued by 10%. The app also considers other factors such as the company’s historical performance, current financial position, and future growth potential in order to arrive at the estimated intrinsic value. This makes it easier for investors to identify stocks that are undervalued, and those that are overvalued. Overall, the app provides an easy and straightforward way to assess a company’s financials and make informed decisions when investing in stocks or other securities. By providing a simple and accurate way to analyze a company’s fundamentals, the app enables investors to make wise decisions and maximize their returns. More…
VI Peers
The company’s primary competitors are Seychelle Environmental Technologies Inc, Mueller Water Products, Inc., Water Now, Inc.
– Seychelle Environmental Technologies Inc ($OTCPK:SYEV)
Seychelle Environmental Technologies Inc is a company that produces and sells water filtration products. The company has a market cap of 63.94k as of 2022 and a return on equity of -2.17%. The company’s products are designed to remove contaminants from water, making it safe to drink. The company’s products are sold in over 60 countries around the world.
– Mueller Water Products, Inc. ($NYSE:MWA)
Mueller Water Products, Inc. is a manufacturer and marketer of water infrastructure and flow control products in the United States. The company operates in three segments: Infrastructure, Residential, and Industrial. The Infrastructure segment provides water and gas distribution products, service, and solutions for the water, gas, and energy industries. The Residential segment provides water service line and plumbing repair products, and solutions for the residential do-it-yourself and professional markets. The Industrial segment provides flow control products and solutions for the oil and gas, mining, power generation, and other industrial applications. Mueller Water Products, Inc. was founded in 1857 and is headquartered in Atlanta, Georgia.
– Water Now, Inc. ($OTCPK:WTNW)
Water Now, Inc. is a leading provider of water treatment solutions. The company has a market cap of 40.45k and a ROE of 29.93%. The company’s products are used in a variety of industries, including oil and gas, power generation, food and beverage, pharmaceuticals, and more. Water Now is committed to providing innovative, cost-effective solutions to meet the challenges of water scarcity and water pollution.
Summary
Northwest Pipe has been performing well in recent times, with its stock price surging above its 200-day moving average. Investors are optimistic about the company’s future prospects, as evidenced by the positive sentiment in the news surrounding the company. Analysts suggest that Northwest Pipe’s strong fundamentals, including its experienced management team and growing customer base, will help to drive future growth.
Moreover, the company has made investments in research and development, which could lead to innovative products and services in the future. These factors make Northwest Pipe an attractive investment opportunity for investors looking for a stable, long-term return on their capital.
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