NASDAQ:NATINational Instruments Stock Price, Forecast & News

$35.61

-0.35 (-0.97 %)

(As of 08/14/2020 04:00 PM ET)

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Today's Range

$35.46

Now: $35.61▼

$36.03

50-Day Range

$35.50

MA: $37.31▼

$38.71

52-Week Range

$20.42

Now: $35.61▼

$47.89

Volume403,419 shs

Average Volume643,631 shs

Market Capitalization$4.68 billion

P/E Ratio18.45

Dividend Yield2.89%

Beta0.98

National Instruments Corporation provides a software-centric platform and systems to engineers and scientists worldwide. Its programming environments software includes LabVIEW, a graphical application software package to visualize hardware configuration, measurement data, and debugging of application; LabWindows/CVI, an ANSI C integrated development environment and engineering toolbox with built-in libraries for measurement, analysis, and engineering UI design; and NI Measurement Studio, a suite of .NET tools designed for building engineering applications in Microsoft Visual Studio to acquire, analyze, and display measurement data. The company's application software comprises TestStand, which is used for automated test and measurement applications in a manufacturing environment; VeriStand, a ready-to-use software environment for configuring real-time testing applications; Flexlogger for quick sensor configuration and data logging of mixed signals to verify electromechanical systems; and InsightCM Enterprise, a software solution with integrated hardware options for monitoring ancillary rotating equipment. Its systems and data management software include DIAdem, which is configuration-based technical data management, analysis, and report generation tools to mine and analyze engineering and measurement data; and SystemLink, a systems management software that enables the mass coordination of connected devices, software deployments, and data communications throughout a distributed system. The company also offers PXI hardware form factor that combines PC software and PCI hardware with advanced instrumentation capabilities; NI C-series data acquisition and control products; and NI semiconductor test systems, as well as software and hardware maintenance, and training and certification services. It serves semiconductor, transportation, and aerospace and defense industries, as well as government agencies. The company was founded in 1976 and is headquartered in Austin, Texas.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
National Instruments has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $40.17, National Instruments has a potential upside of 12.8% from its current price of $35.61.
Amount of Analyst Coverage
National Instruments has only been the subject of 2 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
National Instruments has received 252 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
National Instruments has received 288 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
National Instruments has received 53.33% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about National Instruments and other stocks. Vote “Outperform” if you believe NATI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NATI will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
National Instruments pays a meaningful dividend of 2.89%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
National Instruments has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of National Instruments is 79.39%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, National Instruments will have a dividend payout ratio of 100.97% in the coming year. This indicates that National Instruments may not be able to sustain their current dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, National Instruments insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $199,600.00 in company stock.
Percentage Held by Insiders
Only 1.87% of the stock of National Instruments is held by insiders.
Percentage Held by Institutions
85.03% of the stock of National Instruments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for National Instruments are expected to grow by 45.07% in the coming year, from $0.71 to $1.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of National Instruments is 18.45, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of National Instruments is 18.45, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 39.33.
Price to Book Value per Share Ratio
National Instruments has a P/B Ratio of 3.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.74 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryElectronic Equipment & Instruments

SectorComputer and Technology

Current SymbolNASDAQ:NATI

Previous Symbol

CUSIP63651810

CIK935494

Webwww.ni.com

Phone512-683-0100

Debt

Debt-to-Equity Ratio0.07

Current Ratio3.27

Quick Ratio2.65

Price-To-Earnings

Trailing P/E Ratio18.45

Forward P/E Ratio50.15

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.35 billion

Price / Sales3.46

Cash Flow$1.86 per share

Price / Cash Flow19.16

Book Value$8.98 per share

Price / Book3.97

Profitability

EPS (Most Recent Fiscal Year)$1.31

Net Income$162.15 million

Net Margins19.25%

Return on Equity12.46%

Return on Assets8.84%

Miscellaneous

Employees7,300

Outstanding Shares131,436,000

Market Cap$4.68 billion

Next Earnings Date11/3/2020 (Estimated)

OptionableOptionable

$35.61

-0.35 (-0.97 %)

(As of 08/14/2020 04:00 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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National Instruments (NASDAQ:NATI) Frequently Asked Questions

How has National Instruments' stock been impacted by COVID-19?

National Instruments' stock was trading at $33.86 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NATI shares have increased by 5.2% and is now trading at $35.61.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of National Instruments?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Instruments in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for National Instruments.

When is National Instruments' next earnings date?

National Instruments is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for National Instruments.

How were National Instruments' earnings last quarter?

National Instruments Corp (NASDAQ:NATI) released its earnings results on Thursday, July, 30th. The technology company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.08. The technology company earned $301.33 million during the quarter, compared to analyst estimates of $301.51 million. National Instruments had a net margin of 19.25% and a return on equity of 12.46%.
View National Instruments' earnings history.

How often does National Instruments pay dividends? What is the dividend yield for National Instruments?

National Instruments declared a quarterly dividend on Monday, August 3rd. Shareholders of record on Monday, August 17th will be given a dividend of $0.26 per share on Tuesday, September 8th. This represents a $1.04 annualized dividend and a yield of 2.92%. The ex-dividend date is Friday, August 14th.
View National Instruments' dividend history.

What guidance has National Instruments issued on next quarter's earnings?

National Instruments issued an update on its third quarter earnings guidance on Thursday, July, 30th. The company provided earnings per share guidance of $0.14-0.28 for the period, compared to the Thomson Reuters consensus estimate of $0.30. The company issued revenue guidance of $285-325 million, compared to the consensus revenue estimate of $317.96 million.

What price target have analysts set for NATI?

6 analysts have issued 12-month price objectives for National Instruments' shares. Their forecasts range from $35.00 to $46.00. On average, they anticipate National Instruments' share price to reach $40.17 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price.
View analysts' price targets for National Instruments.

Has National Instruments been receiving favorable news coverage?

News headlines about NATI stock have trended very negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. National Instruments earned a daily sentiment score of -3.7 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.
View the latest news about National Instruments.

Are investors shorting National Instruments?

National Instruments saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,260,000 shares, an increase of 61.4% from the April 30th total of 780,500 shares. Based on an average trading volume of 686,300 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.1% of the shares of the stock are short sold.
View National Instruments' Short Interest.

Who are some of National Instruments' key competitors?

Some companies that are related to National Instruments include Cognex (CGNX), FLIR Systems (FLIR), Coherent (COHR), Itron (ITRI), Badger Meter (BMI), OSI Systems (OSIS), Mesa Laboratories (MLAB), FARO Technologies (FARO), MTS Systems (MTSC), Vishay Precision Group (VPG) and Daktronics (DAKT).
View all competitors.

What other stocks do shareholders of National Instruments own?

Based on aggregate information from My MarketBeat watchlists, some companies that other National Instruments investors own include Editas Medicine (EDIT), QUALCOMM (QCOM), Abbott Laboratories (ABT), IBM (IBM), NVIDIA (NVDA), Analog Devices (ADI), BlackRock (BLK), Enbridge (ENB), FactSet Research Systems (FDS) and Gilead Sciences (GILD).

Who are National Instruments' key executives?

National Instruments' management team includes the following people:

Mr. Alexander M. Davern CPA, CPA, CEO & Director (Age 52)
Mr. Eric Howard Starkloff, Pres & COO (Age 44)
Mr. Jeffrey L. Kodosky, Co-Founder & Director (Age 69)
Ms. Karen M. Rapp, Exec. VP, CFO & Treasurer (Age 51)
Mr. John Charles Roiko, VP of Fin. & Chief Accounting Officer (Age 61)

What is National Instruments' stock symbol?

National Instruments trades on the NASDAQ under the ticker symbol "NATI."

Who are National Instruments' major shareholders?

National Instruments' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.80%), William Blair Investment Management LLC (2.80%), Goldman Sachs Group Inc. (2.35%), Riverbridge Partners LLC (2.02%), Bank of New York Mellon Corp (1.25%) and King Luther Capital Management Corp (1.19%). Company insiders that own National Instruments stock include Carla Pineyro Sublett, Duy Loan T Le, Eric Howard Starkloff, James J Truchard, Jeffrey L Kodosky, John Charles Roiko and Scott Arthur Rust.
View institutional ownership trends for National Instruments.

Which major investors are selling National Instruments stock?

NATI stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Bank of Montreal Can, Canada Pension Plan Investment Board, Federated Hermes Inc., NN Investment Partners Holdings N.V., Man Group plc, Balyasny Asset Management LLC, and State of Tennessee Treasury Department. Company insiders that have sold National Instruments company stock in the last year include Carla Pineyro Sublett, Jeffrey L Kodosky, and John Charles Roiko.
View insider buying and selling activity for National Instruments.

Which major investors are buying National Instruments stock?

NATI stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Marshall Wace LLP, Bank of America Corp DE, Great Lakes Advisors LLC, Bessemer Group Inc., Assenagon Asset Management S.A., Ensign Peak Advisors Inc, and Bank of New York Mellon Corp.
View insider buying and selling activity for National Instruments.

How do I buy shares of National Instruments?

Shares of NATI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is National Instruments' stock price today?

One share of NATI stock can currently be purchased for approximately $35.61.

How big of a company is National Instruments?

National Instruments has a market capitalization of $4.68 billion and generates $1.35 billion in revenue each year. The technology company earns $162.15 million in net income (profit) each year or $1.31 on an earnings per share basis. National Instruments employs 7,300 workers across the globe.

What is National Instruments' official website?

The official website for National Instruments is www.ni.com.

How can I contact National Instruments?

National Instruments' mailing address is 11500 North MoPac Expressway, Austin TX, 78759. The technology company can be reached via phone at 512-683-0100 or via email at [email protected]

This page was last updated on 8/15/2020 by MarketBeat.com Staff

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