Northwest Pipe Stock Buy Hold or Sell Recommendation
NWPX Stock | USD 31.90 0.05 0.16% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Northwest Pipe is 'Strong Hold'. Macroaxis provides Northwest Pipe buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NWPX positions. The advice algorithm takes into account all of Northwest Pipe's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Northwest Pipe's buy or sell advice are summarized below:
Real Value 35.79 | Target Price 39.67 | Hype Value 31.96 | Market Value 31.9 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Northwest Pipe given historical horizon and risk tolerance towards Northwest Pipe. When Macroaxis issues a 'buy' or 'sell' recommendation for Northwest Pipe, the advice is generated through an automated system that utilizes algorithms and statistical models.
Northwest |
Execute Northwest Pipe Buy or Sell Advice
The Northwest recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Northwest Pipe. Macroaxis does not own or have any residual interests in Northwest Pipe or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Northwest Pipe's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Northwest Pipe Trading Alerts and Improvement Suggestions
Northwest Pipe has a strong financial position based on the latest SEC filings | |
Over 84.0% of the company shares are owned by institutional investors | |
Latest headline from MacroaxisInsider: Acquisition by Miles Brittain of 2355 shares of Northwest Pipe subject to Rule 16b-3 |
Northwest Pipe Returns Distribution Density
The distribution of Northwest Pipe's historical returns is an attempt to chart the uncertainty of Northwest Pipe's future price movements. The chart of the probability distribution of Northwest Pipe daily returns describes the distribution of returns around its average expected value. We use Northwest Pipe price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Northwest Pipe returns is essential to provide solid investment advice for Northwest Pipe.
Mean Return | 0.22 | Value At Risk | -2.53 | Potential Upside | 2.81 | Standard Deviation | 2.12 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Northwest Pipe historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Northwest Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Northwest Pipe is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northwest Pipe backward and forwards among themselves. Northwest Pipe's institutional investor refers to the entity that pools money to purchase Northwest Pipe's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Foundry Partners, Llc | 2023-12-31 | 175.3 K | Kennedy Capital Management Inc | 2023-12-31 | 145.3 K | Kbc Group Nv | 2023-12-31 | 139.7 K | Northern Trust Corp | 2023-12-31 | 105.8 K | American Century Companies Inc | 2023-12-31 | 90.2 K | Bridgeway Capital Management, Llc | 2023-12-31 | 85.8 K | Westerly Capital Management Llc | 2023-12-31 | 80 K | Crown Advisors Management, Inc. | 2023-12-31 | 75 K | Legal & General Group Plc | 2023-12-31 | 74.3 K | Blackrock Inc | 2023-12-31 | 1.2 M | Royce & Associates, Lp | 2023-12-31 | 920.5 K |
Northwest Pipe Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 8.6M | 7.2M | (17.7M) | (11.4M) | (20.2M) | (19.2M) | |
Change In Cash | 24.3M | 6.9M | (34.9M) | 684K | 387.0K | 406.3K | |
Free Cash Flow | 34.3M | 41.7M | (19.1M) | (5.6M) | 35.2M | 36.9M | |
Depreciation | 12.7M | 14.6M | 13.6M | 17.1M | 15.8M | 9.0M | |
Other Non Cash Items | (785K) | 742K | 193K | (286K) | 1.1M | 555.5K | |
Capital Expenditures | 8.6M | 14.3M | 13.3M | 23.2M | 18.3M | 14.3M | |
Net Income | 27.9M | 19.1M | 11.5M | 31.1M | 21.1M | 22.1M | |
End Period Cash Flow | 31.0M | 37.9M | 3.0M | 3.7M | 4.1M | 6.5M | |
Change Receivables | (6.1M) | 1.6M | 392K | (19.3M) | (17.4M) | (16.5M) | |
Net Borrowings | (11.7M) | 13.3M | 72.6M | 7.7M | 8.8M | 9.3M | |
Change To Netincome | (1.6M) | 7.9M | 3.6M | 3.9M | 3.5M | 6.7M | |
Investments | (6.4M) | (61.4M) | (100.2M) | (23.1M) | (20.4M) | (21.4M) |
Northwest Pipe Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Northwest Pipe or Construction & Engineering sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Northwest Pipe's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Northwest stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.05 | |
β | Beta against NYSE Composite | 1.94 | |
σ | Overall volatility | 2.18 | |
Ir | Information ratio | 0.06 |
Northwest Pipe Volatility Alert
Northwest Pipe currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.05. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Northwest Pipe's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Northwest Pipe's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Northwest Pipe Fundamentals Vs Peers
Comparing Northwest Pipe's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Northwest Pipe's direct or indirect competition across all of the common fundamentals between Northwest Pipe and the related equities. This way, we can detect undervalued stocks with similar characteristics as Northwest Pipe or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Northwest Pipe's fundamental indicators could also be used in its relative valuation, which is a method of valuing Northwest Pipe by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Northwest Pipe to competition |
Fundamentals | Northwest Pipe | Peer Average |
Return On Equity | 0.064 | -0.31 |
Return On Asset | 0.0353 | -0.14 |
Profit Margin | 0.05 % | (1.27) % |
Operating Margin | 0.08 % | (5.51) % |
Current Valuation | 474.11 M | 16.62 B |
Shares Outstanding | 9.89 M | 571.82 M |
Shares Owned By Insiders | 3.15 % | 10.09 % |
Shares Owned By Institutions | 83.79 % | 39.21 % |
Number Of Shares Shorted | 70 K | 4.71 M |
Price To Earning | 17.51 X | 28.72 X |
Price To Book | 0.95 X | 9.51 X |
Price To Sales | 0.73 X | 11.42 X |
Revenue | 444.96 M | 9.43 B |
Gross Profit | 85.86 M | 27.38 B |
EBITDA | 50.27 M | 3.9 B |
Net Income | 21.07 M | 570.98 M |
Cash And Equivalents | 3.85 M | 2.7 B |
Cash Per Share | 0.39 X | 5.01 X |
Total Debt | 162.94 M | 5.32 B |
Debt To Equity | 0.62 % | 48.70 % |
Current Ratio | 2.94 X | 2.16 X |
Book Value Per Share | 34.09 X | 1.93 K |
Cash Flow From Operations | 53.45 M | 971.22 M |
Short Ratio | 1.46 X | 4.00 X |
Earnings Per Share | 2.09 X | 3.12 X |
Price To Earnings To Growth | 3.00 X | 4.89 X |
Target Price | 41.33 | |
Number Of Employees | 1.32 K | 18.84 K |
Beta | 0.96 | -0.15 |
Market Capitalization | 315.56 M | 19.03 B |
Total Asset | 597.88 M | 29.47 B |
Retained Earnings | 212.12 M | 9.33 B |
Working Capital | 176.29 M | 1.48 B |
Note: Acquisition by Miles Brittain of 2355 shares of Northwest Pipe subject to Rule 16b-3 [view details]
Northwest Pipe Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Northwest . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Northwest Pipe Buy or Sell Advice
When is the right time to buy or sell Northwest Pipe? Buying financial instruments such as Northwest Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 185.2M | 188.6M | 162.9M | 81.6M | Total Assets | 547.7M | 601.3M | 597.9M | 361.2M |
Use Investing Ideas to Build Portfolios
In addition to having Northwest Pipe in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Apparel Theme or any other thematic opportunities.
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Check out Northwest Pipe Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Northwest Stock please use our How to Invest in Northwest Pipe guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary 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.
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Is Northwest Pipe's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northwest Pipe. If investors know Northwest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northwest Pipe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.32) | Earnings Share 2.09 | Revenue Per Share 44.476 | Quarterly Revenue Growth 0.031 | Return On Assets 0.0353 |
The market value of Northwest Pipe is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Pipe's value that differs from its market value or its book value, called intrinsic value, which is Northwest Pipe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northwest Pipe's market value can be influenced by many factors that don't directly affect Northwest Pipe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northwest Pipe's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northwest Pipe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Pipe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.