FY2025 EPS Forecast for NPK International Raised by Analyst

NPK International Inc. (NYSE:NPKI - Free Report) - Investment analysts at HC Wainwright lifted their FY2025 earnings per share estimates for NPK International in a research report issued to clients and investors on Monday, May 5th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings of $0.38 per share for the year, up from their previous forecast of $0.33. HC Wainwright currently has a "Buy" rating and a $12.00 price objective on the stock. The consensus estimate for NPK International's current full-year earnings is $0.39 per share.

NPK International (NYSE:NPKI - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.04. NPK International had a positive return on equity of 5.93% and a negative net margin of 28.47%. The firm had revenue of $64.78 million for the quarter, compared to the consensus estimate of $56.01 million.

Separately, B. Riley began coverage on NPK International in a report on Thursday, March 27th. They set a "buy" rating and a $11.00 target price for the company.

NPK International Stock Up 1.3%

Shares of NYSE:NPKI traded up $0.11 during midday trading on Wednesday, reaching $8.50. 401,912 shares of the company traded hands, compared to its average volume of 741,639. The business's fifty day moving average price is $5.97. The company has a market capitalization of $718.45 million, a price-to-earnings ratio of -4.64 and a beta of 2.08. The company has a quick ratio of 2.00, a current ratio of 2.29 and a debt-to-equity ratio of 0.02. NPK International has a 12 month low of $4.76 and a 12 month high of $8.66.

Insider Buying and Selling

In other news, Director John C. Minge acquired 10,000 shares of NPK International stock in a transaction dated Wednesday, March 5th. The shares were purchased at an average cost of $5.38 per share, for a total transaction of $53,800.00. Following the transaction, the director now owns 230,287 shares of the company's stock, valued at $1,238,944.06. This trade represents a 4.54% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Joseph A. Cutillo bought 12,500 shares of the company's stock in a transaction that occurred on Thursday, May 8th. The stock was purchased at an average price of $8.00 per share, with a total value of $100,000.00. Following the transaction, the director now directly owns 12,500 shares in the company, valued at $100,000. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.90% of the stock is currently owned by insiders.

About NPK International

NPK International Inc provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America.