HC Wainwright Cuts Earnings Estimates for NPK International

NPK International Inc. (NYSE:NPKI - Free Report) - Stock analysts at HC Wainwright cut their FY2025 earnings estimates for NPK International in a research note issued to investors on Friday, February 28th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings of $0.33 per share for the year, down from their prior forecast of $0.34. HC Wainwright currently has a "Buy" rating and a $12.00 target price 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 data on Wednesday, February 26th. The company reported $0.08 EPS for the quarter, hitting analysts' consensus estimates of $0.08. The company had revenue of $57.52 million during the quarter, compared to the consensus estimate of $59.67 million. NPK International had a negative net margin of 28.47% and a positive return on equity of 5.93%.

NPK International Stock Performance

NYSE NPKI traded up $0.10 during trading hours on Monday, hitting $5.63. 1,146,355 shares of the company traded hands, compared to its average volume of 627,345. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.00 and a current ratio of 2.29. The stock has a market capitalization of $486.98 million, a PE ratio of -3.08 and a beta of 2.89. NPK International has a twelve month low of $5.33 and a twelve month high of $8.65.

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Insider Activity

In other news, Director John C. Minge bought 10,000 shares of the company's stock in a transaction dated Wednesday, March 5th. The shares were bought at an average cost of $5.38 per share, with a total value of $53,800.00. Following the acquisition, the director now owns 230,287 shares in the company, valued at $1,238,944.06. This trade represents a 4.54 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 4.80% of the stock is currently owned by insiders.

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.