NPK International Inc. (NYSE:NPKI – Free Report) – Investment analysts at B. Riley increased their FY2025 earnings estimates for NPK International in a report issued on Wednesday, August 6th. B. Riley analyst L. Burke now expects that the company will earn $0.40 per share for the year, up from their prior estimate of $0.39. B. Riley currently has a “Buy” rating and a $12.50 price target on the stock. The consensus estimate for NPK International’s current full-year earnings is $0.39 per share.
Separately, HC Wainwright reiterated a “buy” rating and issued a $12.00 price target on shares of NPK International in a research note on Monday, May 5th.
NPK International Stock Up 3.1%
Shares of NPK International stock opened at $9.27 on Friday. The stock has a market capitalization of $782.67 million, a price-to-earnings ratio of -5.52 and a beta of 2.19. NPK International has a 52 week low of $4.76 and a 52 week high of $9.40. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.34 and a quick ratio of 2.37. The company has a 50 day moving average of $8.64.
NPK International (NYSE:NPKI – Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. The firm had revenue of $68.23 million for the quarter, compared to analyst estimates of $59.75 million. NPK International had a negative net margin of 62.59% and a positive return on equity of 8.29%.
Institutional Investors Weigh In On NPK International
Large investors have recently modified their holdings of the company. Riverwater Partners LLC acquired a new stake in shares of NPK International in the second quarter valued at approximately $330,000. Ritholtz Wealth Management acquired a new stake in shares of NPK International in the second quarter valued at approximately $90,000. KLP Kapitalforvaltning AS acquired a new stake in shares of NPK International in the second quarter valued at approximately $129,000. Janney Montgomery Scott LLC acquired a new stake in shares of NPK International in the second quarter valued at approximately $1,077,000. Finally, Penbrook Management LLC acquired a new stake in shares of NPK International during the second quarter worth $584,000. 80.81% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at NPK International
In other news, VP Lori Briggs sold 8,005 shares of the stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $8.57, for a total value 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 represents a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 19,722 shares of company stock valued at $167,234 over the last three months. 4.90% of the stock is currently owned by corporate insiders.
About NPK International
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.
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