B. Riley Research Analysts Boost Earnings Estimates for NPKI

Key Points

• B. Riley raised its FY2025 EPS estimate for NPK International to $0.40, up from $0.39, maintaining a "Buy" rating with a target price of $12.50.
• NPK International reported a quarterly EPS of $0.11, exceeding expectations of $0.09, with revenue of $68.23 million against forecasts of $59.75 million.
• Insider transactions revealed VP Lori Briggs sold 8,005 shares at an average price of $8.57, reducing her ownership to 260,626 shares.

NPK International Inc. (NYSE:NPKI - Free Report) - Equities researchers at B. Riley boosted their FY2025 earnings per share estimates for NPK International in a research note issued on Wednesday, August 6th. B. Riley analyst L. Burke now forecasts that the company will post earnings of $0.40 per share for the year, up from their prior forecast of $0.39. B. Riley currently has a "Buy" rating and a $12.50 target price on the stock. The consensus estimate for NPK International's current full-year earnings is $0.39 per share.

Other research analysts have also issued reports about the company. HC Wainwright reissued a "buy" rating and set a $12.00 price target on shares of NPK International in a research report on Monday, May 5th. Roth Capital reissued a "buy" rating and set a $12.00 price target (up from $10.00) on shares of NPK International in a research report on Tuesday.

NPK International Trading Up 3.0%

Shares of NPK International stock traded up $0.28 on Friday, reaching $9.77. 596,375 shares of the company were exchanged, compared to its average volume of 808,083. The business has a fifty day simple moving average of $8.66. The stock has a market cap of $824.88 million, a price-to-earnings ratio of -5.82 and a beta of 2.19. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.34 and a quick ratio of 2.08. NPK International has a fifty-two week low of $4.76 and a fifty-two week high of $9.82.

NPK International (NYSE:NPKI - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. The company had revenue of $68.23 million for the quarter, compared to analyst estimates of $59.75 million. NPK International had a positive return on equity of 8.29% and a negative net margin of 62.59%.

Insiders Place Their Bets

In other news, VP Lori Briggs sold 9,704 shares of the company's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $8.38, for a total transaction of $81,319.52. Following the completion of the sale, the vice president owned 268,631 shares in the company, valued at approximately $2,251,127.78. This represents a 3.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders sold 19,722 shares of company stock valued at $167,234. Corporate insiders own 4.90% of the company's stock.

Institutional Trading of NPK International

Large investors have recently made changes to their positions in the stock. Amalgamated Bank bought a new stake in shares of NPK International during the 2nd quarter worth about $25,000. CWM LLC bought a new stake in shares of NPK International during the 2nd quarter worth about $27,000. Nisa Investment Advisors LLC bought a new stake in shares of NPK International during the 2nd quarter worth about $45,000. GAMMA Investing LLC bought a new stake in NPK International during the 2nd quarter valued at approximately $66,000. Finally, Ritholtz Wealth Management bought a new stake in NPK International during the 2nd quarter valued at approximately $90,000. Institutional investors own 80.81% of the company's stock.

NPK International Company Profile

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.