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Has Northwest Pipe Company (NWPX) Outpaced Other Industrial Products Stocks This Year?
NWPXNorthwest Pipe(NWPX) ZACKS·2024-11-26 15:41

Group 1 - Northwest Pipe Co. (NWPX) is a notable stock in the Industrial Products sector, which consists of 212 individual stocks and holds a Zacks Sector Rank of 14 [2] - NWPX currently has a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperforming the market [3] - The Zacks Consensus Estimate for NWPX's full-year earnings has increased by 12.1% over the past three months, reflecting improved analyst sentiment [4] Group 2 - NWPX has achieved a year-to-date return of approximately 84.7%, significantly outperforming the average gain of 23.7% for Industrial Products stocks [4] - NWPX is part of the Metal Products - Procurement and Fabrication industry, which includes 11 companies and is currently ranked 153 in the Zacks Industry Rank [6] - Stocks in the Metal Products - Procurement and Fabrication industry have gained about 45.7% year-to-date, indicating that NWPX is performing better than its industry peers [6] Group 3 - Powell Industries (POWL), another stock in the Industrial Products sector, has a year-to-date return of 217.4% and a Zacks Rank of 2 (Buy) [5] - POWL's consensus EPS estimate has increased by 13% over the past three months, showcasing positive analyst sentiment [5] - POWL belongs to the Manufacturing - Electronics industry, which is currently ranked 163 and has moved up by 25.1% year-to-date [7]