NASDAQ:NATINational Instruments Stock Price, Forecast & News

$42.44

+1.03 (+2.49 %)

(As of 06/5/2020 11:27 AM ET)

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Today's Range

$41.84

Now: $42.44▼

$42.56

50-Day Range

$35.65

MA: $37.60▼

$41.36

52-Week Range

$20.42

Now: $42.44▼

$47.89

Volume6,568 shs

Average Volume489,897 shs

Market Capitalization$5.54 billion

P/E Ratio20.50

Dividend Yield2.51%

Beta1.03

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 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $40.20, National Instruments has a potential downside of 5.3% from its current price of $42.46.
Amount of Analyst Coverage
National Instruments has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
National Instruments has received 251 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
National Instruments has received 279 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
National Instruments has received 52.64% “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.

2.5 Dividend Strength

Dividend Leadership
National Instruments is a leading dividend payer. It pays a dividend yield of 2.51%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
National Instruments has been increasing its dividend for 6 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 83.87 % 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 $21,790.00 in company stock.
Percentage Held by Insiders
Only 1.87% of the stock of National Instruments is held by insiders.
Percentage Held by Institutions
85.09% of the stock of National Instruments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for National Instruments are expected to grow by 53.09% in the coming year, from $0.81 to $1.24 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of National Instruments is 20.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of National Instruments is 20.51, 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 39.71.
Price to Book Value per Share Ratio
National Instruments has a P/B Ratio of 4.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.10 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 RatioN/A

Current Ratio3.41

Quick Ratio2.75

Price-To-Earnings

Trailing P/E Ratio20.50

Forward P/E Ratio52.40

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.35 billion

Price / Sales4.10

Cash Flow$1.94 per share

Price / Cash Flow21.85

Book Value$8.98 per share

Price / Book4.73

Profitability

EPS (Most Recent Fiscal Year)$1.31

Net Income$162.15 million

Net Margins20.09%

Return on Equity13.96%

Return on Assets10.02%

Miscellaneous

Employees7,300

Outstanding Shares130,600,000

Market Cap$5.54 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NATI shares have increased by 25.4% and is now trading at $42.46. View which stocks have been most impacted by Coronavirus.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Instruments in the last year. There are currently 4 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, August 4th 2020. View our earnings forecast for National Instruments.

How were National Instruments' earnings last quarter?

National Instruments Corp (NASDAQ:NATI) issued its quarterly earnings results on Thursday, April, 30th. The technology company reported $1.01 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.84. The technology company had revenue of $309.38 million for the quarter, compared to analyst estimates of $312.11 million. National Instruments had a return on equity of 13.96% and a net margin of 20.09%. The business's revenue was down .6% compared to the same quarter last year. During the same period last year, the business earned $0.30 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, April 30th. Stockholders of record on Monday, May 18th will be paid a dividend of $0.26 per share on Monday, June 8th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date is Friday, May 15th. View National Instruments' dividend history.

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

National Instruments issued an update on its first quarter earnings guidance on Thursday, April, 2nd. The company provided earnings per share (EPS) guidance of 0.25-0.26 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.27. The company issued revenue guidance of $309.00 million, compared to the consensus revenue estimate of $315.16 million.

What price target have analysts set for NATI?

5 analysts have issued 1 year price objectives for National Instruments' stock. Their forecasts range from $33.00 to $46.00. On average, they expect National Instruments' stock price to reach $40.20 in the next twelve months. This suggests that the stock has a possible downside of 5.3%. View analysts' price targets for National Instruments.

Has National Instruments been receiving favorable news coverage?

Press coverage about NATI stock has been trending somewhat negative this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing 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 -1.7 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutNational Instruments.

Are investors shorting National Instruments?

National Instruments saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 780,500 shares, a decrease of 18.6% from the April 30th total of 959,300 shares. Based on an average trading volume of 687,700 shares, the short-interest ratio is currently 1.1 days. Approximately 0.7% of the shares of the stock are sold short. View National Instruments' Current Options Chain.

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 BlackRock (BLK), Gilead Sciences (GILD), Pfizer (PFE), Enbridge (ENB), FactSet Research Systems (FDS), IBM (IBM), QUALCOMM (QCOM), Abbott Laboratories (ABT), Marathon Petroleum (MPC) and PepsiCo (PEP).

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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.31%), Janus Henderson Group PLC (6.82%), Wellington Management Group LLP (4.04%), William Blair Investment Management LLC (2.79%), State Street Corp (2.35%) and Riverbridge Partners LLC (1.99%). Company insiders that own National Instruments stock include 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 institutional investors are selling National Instruments stock?

NATI stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Wells Fargo & Company MN, BlackRock Inc., Principal Financial Group Inc., Wellington Management Group LLP, UBS Group AG, King Luther Capital Management Corp, and Advantage Alpha Capital Partners LP. Company insiders that have sold National Instruments company stock in the last year include Jeffrey L Kodosky, and John Charles Roiko. View insider buying and selling activity for National Instruments.

Which institutional investors are buying National Instruments stock?

NATI stock was acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Kornitzer Capital Management Inc. KS, Ceredex Value Advisors LLC, Bessemer Group Inc., Geode Capital Management LLC, Tygh Capital Management Inc., Atlanta Capital Management Co. L L C, and Loomis Sayles & Co. L P. 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 $42.46.

How big of a company is National Instruments?

National Instruments has a market capitalization of $5.55 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 6/5/2020 by MarketBeat.com Staff