Brokers Issue Forecasts for Northwest Pipe Q4 Earnings
NWPX Stock | USD 49.09 3.06 5.87% |
Slightly above 55% of Northwest Pipe's investor base is interested to short. The current sentiment regarding investing in Northwest Pipe stock implies that many traders are impartial. Northwest Pipe's investing sentiment can be driven by a variety of factors including economic data, Northwest Pipe's earnings reports, geopolitical events, and overall market trends.
Northwest |
Northwest Pipe Stock analysts at DA Davidson issued their Q4 2024 earnings estimates for shares of Northwest Pipe in a research report issued to clients and investors on Tuesday, November 5th. DA Davidson analyst B. Thielman forecasts that the industrial products company will post earnings of 0.96 per share for
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Northwest Pipe Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Northwest Pipe can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Northwest Pipe Fundamental Analysis
We analyze Northwest Pipe's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northwest Pipe using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northwest Pipe based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Asset
Net Asset Comparative Analysis
Northwest Pipe is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Northwest Pipe Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Northwest Pipe stock to make a market-neutral strategy. Peer analysis of Northwest Pipe could also be used in its relative valuation, which is a method of valuing Northwest Pipe by comparing valuation metrics with similar companies.
Peers
Northwest Pipe Related Equities
CRS | Carpenter Technology | 2.61 | ||||
TG | Tredegar | 1.45 | ||||
GIFI | Gulf Island | 0.14 | ||||
CMPO | CompoSecure | 0.70 | ||||
IIIN | Insteel Industries | 3.46 | ||||
MLI | Mueller Industries | 3.64 | ||||
MEC | Mayville Engineering | 4.38 | ||||
RYI | Ryerson Holding | 4.95 | ||||
ESAB | ESAB Corp | 5.71 |
Additional Tools for Northwest Stock Analysis
When running Northwest Pipe's price analysis, check to measure Northwest Pipe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northwest Pipe is operating at the current time. Most of Northwest Pipe's value examination focuses on studying past and present price action to predict the probability of Northwest Pipe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northwest Pipe's price. Additionally, you may evaluate how the addition of Northwest Pipe to your portfolios can decrease your overall portfolio volatility.