NASDAQ:NATI

National Instruments Stock Forecast, Price & News

$42.95

-0.61 (-1.40 %)

(As of 01/27/2021 12:00 AM ET)

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Today's Range

$42.40

Now: $42.95▼

$43.64

50-Day Range

$39.07

MA: $43.70▼

$46.99

52-Week Range

$20.42

Now: $42.95▼

$47.89

Volume918,810 shs

Average Volume989,424 shs

Market Capitalization$5.64 billion

P/E Ratio28.63

Dividend Yield2.39%

Beta1.1

National Instruments Corporation provides a software-centric platform and systems to engineers and scientists worldwide. Its programming environments software includes NI LabVIEW, a graphical software platform to visualize hardware configuration, measurement data, and debugging of application; NI 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 NI TestStand that is used for automated test and measurement applications in a manufacturing environment; NI 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 NI InsightCM Enterprise, a software solution with integrated hardware options for monitoring ancillary rotating equipment. Its systems and data management software include NI DIAdem, which is configuration-based technical data management, analysis, and report generation tools to mine and analyze engineering and measurement data; and NI 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, aerospace, and defense industries; and government agencies. The company was founded in 1976 and is headquartered in Austin, Texas.

MarketRank^™

Overall MarketRank^™

1.54 out of 5 stars

Computer And Technology Sector

284th out of 1,511 stocks

Prepackaged Software Industry

53rd out of 285 stocks

1.0 Analyst's Opinion

Consensus Rating
National Instruments has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $40.83, National Instruments has a forecasted downside of 4.9% from its current price of $42.95.
Amount of Analyst Coverage
National Instruments has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
National Instruments has received 255 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
National Instruments has received 291 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
National Instruments has received 53.30% “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 2.39%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
National Instruments does not have a long track record of dividend growth.
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 109.47% in the coming year. This indicates that National Instruments may not be able to sustain their current dividend.

1.7 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 $47,257.00 in company stock.
Percentage Held by Insiders
Only 1.87% of the stock of National Instruments is held by insiders.
Percentage Held by Institutions
86.09% of the stock of National Instruments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for National Instruments are expected to grow by 13.10% in the coming year, from $0.84 to $0.95 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of National Instruments is 28.63, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of National Instruments is 28.63, 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 84.14.
Price to Book Value per Share Ratio
National Instruments has a P/B Ratio of 4.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees7,300

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.07

Current Ratio2.38

Quick Ratio1.75

Price-To-Earnings

Trailing P/E Ratio28.63

Forward P/E Ratio51.13

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.35 billion

Price / Sales4.17

Cash Flow$1.75 per share

Price / Cash Flow24.49

Book Value$8.98 per share

Price / Book4.78

Profitability

EPS (Most Recent Fiscal Year)$1.31

Net Income$162.15 million

Net Margins15.35%

Return on Equity10.01%

Return on Assets6.99%

Miscellaneous

Outstanding Shares131,246,000

Market Cap$5.64 billion

Next Earnings Date1/28/2021 (Confirmed)

OptionableOptionable

$42.95

-0.61 (-1.40 %)

(As of 01/27/2021 12:00 AM 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 (Coronavirus)?

National Instruments' stock was trading at $33.86 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NATI shares have increased by 26.8% and is now trading at $42.95.
View which stocks have been most impacted by COVID-19.

Is National Instruments a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Instruments in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" National Instruments stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NATI, but not buy additional shares or sell existing shares.
View analyst ratings for National Instruments or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than National Instruments?

Wall Street analysts have given National Instruments a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but National Instruments wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Alex Davern's approval rating as National Instruments' CEO?

265 employees have rated National Instruments CEO Alex Davern on Glassdoor.com. Alex Davern has an approval rating of 71% among National Instruments' employees.

When is National Instruments' next earnings date?

National Instruments is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for National Instruments.

How were National Instruments' earnings last quarter?

National Instruments Co. (NASDAQ:NATI) issued its quarterly earnings results on Thursday, October, 29th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.13. The technology company earned $308.12 million during the quarter, compared to analyst estimates of $305.05 million. National Instruments had a net margin of 15.35% and a trailing twelve-month return on equity of 10.01%. The company's revenue was down 9.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.44 earnings per share.
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 Thursday, October 29th. Shareholders of record on Monday, November 16th will be paid a dividend of $0.26 per share on Monday, December 7th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Friday, November 13th.
View National Instruments' dividend history.

Is National Instruments a good dividend stock?

National Instruments pays an annual dividend of $1.04 per share and currently has a dividend yield of 2.39%. The dividend payout ratio of National Instruments is 79.39%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, National Instruments will have a dividend payout ratio of 109.47% in the coming year. This indicates that National Instruments may not be able to sustain their current dividend.
View National Instruments' dividend history.

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

National Instruments issued an update on its fourth quarter 2020 Pre-Market earnings guidance on Thursday, January, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $369.16-369.16 million, compared to the consensus revenue estimate of $349.7 million.

What price target have analysts set for NATI?

6 Wall Street analysts have issued twelve-month target prices for National Instruments' shares. Their forecasts range from $35.00 to $50.00. On average, they expect National Instruments' share price to reach $40.83 in the next twelve months. This suggests that the stock has a possible downside of 4.9%.
View analysts' price targets for National Instruments or view Wall Street analyst' top-rated stocks.

Are investors shorting National Instruments?

National Instruments saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 4,500,000 shares, an increase of 53.6% from the December 15th total of 2,930,000 shares. Based on an average daily trading volume, of 773,900 shares, the short-interest ratio is presently 5.8 days. Currently, 3.7% of the shares of the company are sold short.
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 of NATI's 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 Abbott Laboratories (ABT), Enbridge (ENB), International Business Machines (IBM), QUALCOMM (QCOM), Walgreens Boots Alliance (WBA), Citigroup (C), Editas Medicine (EDIT), AT&T (T), Accenture (ACN) and Bank of America (BAC).

Who are National Instruments' key executives?

National Instruments' management team includes the following people:

Mr. Eric Howard Starkloff, Pres, CEO & Director (Age 45, Pay $708.01k)
Ms. Karen M. Rapp, Exec. VP, CFO & Treasurer (Age 53, Pay $501.41k)
Mr. John Charles Roiko, VP of Fin. & Chief Accounting Officer (Age 62, Pay $332.17k)
Mr. Scott A. Rust, Sr. VP of Global Product R&D (Age 53, Pay $438.51k)
Ms. Marissa Vidaurri, Director of Investor Relations
Mr. R. Eddie Dixon Jr., VP, Gen. Counsel & Sec.
Ms. Shelley Gretlein, VP of Brand, Communications & Global Marketing
Dr. Kevin Ilcisin, VP of Strategy & Corp. Devel.
Ms. Carla PiÃ±eyro Sublett, Sr. VP, GM of Portfolio Bus. & Chief Marketing Officer (Age 47)
Ms. Cate Prescott, VP of Global HR

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 investors include Riverbridge Partners LLC (2.17%), Retirement Systems of Alabama (0.27%), Kopion Asset Management LLC (0.16%), Crossmark Global Holdings Inc. (0.12%), New York State Teachers Retirement System (0.11%) and State of Alaska Department of Revenue (0.02%). Company insiders that own National Instruments stock include Carla Pineyro Sublett, Duy Loan T Le, Jason Elliot Green, Jeffrey L Kodosky, John Charles Roiko and Scott Arthur Rust.
View institutional ownership trends for National Instruments.

Which institutional investors are selling National Instruments stock?

NATI stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Crossmark Global Holdings Inc., New York State Teachers Retirement System, State of Alaska Department of Revenue, and First Citizens Bank & Trust Co.. Company insiders that have sold National Instruments company stock in the last year include Carla Pineyro Sublett, Jason Elliot Green, Jeffrey L Kodosky, and John Charles Roiko.
View insider buying and selling activity for National Instruments or view top insider-selling stocks.

Which institutional investors are buying National Instruments stock?

NATI stock was purchased by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Kopion Asset Management LLC, Retirement Systems of Alabama, Park Avenue Securities LLC, Mission Wealth Management LP, We Are One Seven LLC, IBM Retirement Fund, and Janney Montgomery Scott LLC.
View insider buying and selling activity for National Instruments or or view top insider-buying stocks.

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 WeBull, 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 $42.95.

How big of a company is National Instruments?

National Instruments has a market capitalization of $5.64 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 1/28/2021 by MarketBeat.com Staff

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