NPK International (NYSE:NPKI) Upgraded to "Strong-Buy" at B. Riley

NPK International (NYSE:NPKI - Get Free Report) was upgraded by research analysts at B. Riley to a "strong-buy" rating in a report released on Wednesday,Zacks.com reports. B. Riley also issued estimates for NPK International's Q1 2025 earnings at $0.09 EPS, Q2 2025 earnings at $0.09 EPS, Q3 2025 earnings at $0.07 EPS and Q4 2025 earnings at $0.10 EPS.

Separately, HC Wainwright restated a "buy" rating and set a $12.00 price objective on shares of NPK International in a research report on Friday, February 28th.

NPK International Trading Up 3.8 %

Shares of NPKI stock traded up $0.22 during mid-day trading on Wednesday, hitting $6.03. 218,746 shares of the stock were exchanged, compared to its average volume of 668,051. NPK International has a 52-week low of $5.33 and a 52-week high of $8.65. The company has a quick ratio of 2.00, a current ratio of 2.29 and a debt-to-equity ratio of 0.02. The firm has a market cap of $521.92 million, a P/E ratio of -3.30 and a beta of 2.86.

NPK International (NYSE:NPKI - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.08 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.08. The company had revenue of $57.52 million for the quarter, compared to the consensus estimate of $59.67 million. NPK International had a positive return on equity of 5.93% and a negative net margin of 28.47%. As a group, equities analysts forecast that NPK International will post 0.39 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director John C. Minge acquired 10,000 shares of the firm's stock in a transaction on Wednesday, March 5th. The shares were bought at an average price of $5.38 per share, for a total transaction of $53,800.00. Following the acquisition, the director now owns 230,287 shares of the company's stock, valued at approximately $1,238,944.06. This trade represents a 4.54 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 4.80% of the stock is owned by company 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.