NWPX Infrastructure, Inc. (NASDAQ:NWPX) just released its quarterly report and things are looking bullish. NWPX Infrastructure beat earnings, with revenues hitting US$179m, ahead of expectations, and statutory earnings per share outperforming analyst reckonings by a solid 13%. This is an important time for investors, as they can track a company’s performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
After the latest results, the three analysts covering NWPX Infrastructure are now predicting revenues of US$616.4m in 2027. If met, this would reflect a reasonable 2.3% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to reduce 6.4% to US$5.20 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$579.6m and earnings per share (EPS) of US$4.97 in 2027. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.
See our latest analysis for NWPX Infrastructure
Despite these upgrades,the analysts have not made any major changes to their price target of US$108, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. The consensus price target is just an average of individual analyst targets, so – it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values NWPX Infrastructure at US$120 per share, while the most bearish prices it at US$95.00. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that NWPX Infrastructure’s revenue growth is expected to slow, with the forecast 1.8% annualised growth rate until the end of 2027 being well below the historical 9.4% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 14% per year. So it’s pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than NWPX Infrastructure.
The Bottom Line
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards NWPX Infrastructure following these results. Fortunately, they also upgraded their revenue estimates, although our data indicates it is expected to perform worse than the wider industry. The consensus price target held steady at US$108, with the latest estimates not enough to have an impact on their price targets.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year’s earnings. At Simply Wall St, we have a full range of analyst estimates for NWPX Infrastructure going out to 2028, and you can see them free on our platform here..
You should always think about risks though. Case in point, we’ve spotted 2 warning signs for NWPX Infrastructure you should be aware of, and 1 of them shouldn’t be ignored.
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