Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Northwest Pipe Co before investing.

In this article, we go over a few key elements for understanding Northwest Pipe Co’s stock price such as:

• Northwest Pipe Co’s current stock price and volume
• Why Northwest Pipe Co’s stock price changed recently
• Upgrades and downgrades for NWPX from analysts
• NWPX’s stock price momentum as measured by its relative strength

About Northwest Pipe Co (NWPX)

Before we jump into Northwest Pipe Co’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Northwest Pipe Company is a manufacturer of water-related infrastructure products. The Company operates through two segments: Engineered Steel Pressure Pipe (SPP), and Precast Infrastructure and Engineered Systems (Precast). The SPP segment manufactures large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are primarily related to drinking water systems. These products are also used for hydroelectric power systems, wastewater systems, seismic resiliency, and other applications. The Precast segment manufactures stormwater and wastewater technology products, precast and reinforced concrete products, including manholes, box culverts, vaults, catch basins, pump lift stations, oil water separators, biofiltration, and other environmental and engineered solutions. The Company provides solution-based products for a range of markets under the ParkUSA, Geneva Pipe and Precast, Permalok, and Northwest Pipe Company lines.

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Northwest Pipe Co’s Stock Price as of Market Close

As of September 26, 2023, 4:00 PM, CST, Northwest Pipe Co’s stock price was $29.65.

Northwest Pipe Co is down 4.42% from its previous closing price of $31.02.

During the last market session, Northwest Pipe Co’s stock traded between $30.67 and $31.27. Currently, there are 10.00 million shares of Northwest Pipe Co stock available for purchase.

Northwest Pipe Co’s price-earnings (P/E) ratio is currently at 11.2, which is high compared to the Metals & Mining - Iron & Steel industry median of 10.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Northwest Pipe Co Stock Price History

Northwest Pipe Co’s (NWPX) price is currently down 10.4% so far this month.

During the month of September, Northwest Pipe Co’s stock price has reached a high of $33.61 and a low of $29.65.

Over the last year, Northwest Pipe Co has hit prices as high as $40.60 and as low as $25.58. Year to date, Northwest Pipe Co’s stock is down 6.76%.

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What Caused Northwest Pipe Co Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 25, 2023, there were 3 analysts who downgraded Northwest Pipe Co’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Northwest Pipe Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Northwest Pipe Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Northwest Pipe Co’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Northwest Pipe Co (NWPX) by visiting AAII Stock Evaluator.

Relative Price Strength of Northwest Pipe Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 25, 2023, Northwest Pipe Co has a weighted four-quarter relative price strength of 1.78%, which translates to a Momentum Score of 72 and is considered to be Strong.

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Northwest Pipe Co Stock Price: Bottom Line

As of September 26, 2023, Northwest Pipe Co’s stock price is $29.65, which is down 4.42% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Northwest Pipe Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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