B. Riley Forecasts Increased Earnings for NPK International

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 increased their FY2025 earnings per share (EPS) estimates for NPK International in a research report issued on Wednesday, August 6th. B. Riley analyst L. Burke now expects that the company will post earnings per share of $0.40 for the year, up from their prior forecast of $0.39. B. Riley has a "Buy" rating and a $12.50 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 quarterly earnings results on Tuesday, August 5th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.02. NPK International had a positive return on equity of 8.29% and a negative net margin of 62.59%. The firm had revenue of $68.23 million during the quarter, compared to the consensus estimate of $59.75 million.

Separately, HC Wainwright reaffirmed a "buy" rating and issued a $12.00 price objective on shares of NPK International in a research report on Monday, May 5th.

NPK International Trading Up 3.1%

Shares of NPKI traded up $0.28 during mid-day trading on Friday, reaching $9.27. The company's stock had a trading volume of 1,574,204 shares, compared to its average volume of 946,405. NPK International has a 1-year low of $4.76 and a 1-year high of $9.40. The stock has a market cap of $782.67 million, a PE ratio of 29.97 and a beta of 2.19. The business's 50-day moving average price is $8.64. The company has a current ratio of 2.34, a quick ratio of 2.08 and a debt-to-equity ratio of 0.02.

Institutional Investors Weigh In On NPK International

A number of large investors have recently modified their holdings of NPKI. Amalgamated Bank acquired a new position in shares of NPK International during the 2nd quarter worth $25,000. CWM LLC acquired a new position in shares of NPK International during the 2nd quarter worth $27,000. Nisa Investment Advisors LLC acquired a new position in shares of NPK International during the 2nd quarter worth $45,000. GAMMA Investing LLC acquired a new position in shares of NPK International during the 2nd quarter worth $66,000. Finally, Ritholtz Wealth Management acquired a new position in shares of NPK International during the 2nd quarter worth $90,000. Institutional investors and hedge funds own 80.81% of the company's stock.

Insiders Place Their Bets

In related news, VP Lori Briggs sold 8,005 shares of NPK International stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $8.57, for a total transaction of $68,602.85. Following the completion of the sale, the vice president directly owned 260,626 shares of the company's stock, valued at approximately $2,233,564.82. This trade represents a 2.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders sold 19,722 shares of company stock worth $167,234. Company insiders own 4.90% 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.