National Instruments (NATI) Stock Price, News & Analysis

Company Overview

National Instruments Corporation provides a software-centric platform to engineers and scientists worldwide. Its programming environments software includes NI LabVIEW, a graphical software platform to visualize hardware configuration, measurement data, and debugging; NI LabWindows/CVI, an ANSI C integrated development environment and engineering toolbox; and NI Measurement Studio, a suite of .NET tools for building engineering applications in Microsoft Visual Studio. The company's application software comprises NI TestStand that is used for automated test and measurement applications in manufacturing environment; NI VeriStand, a software environment for configuring real-time testing applications; Flexlogger for sensor configuration and data logging of mixed signals. Its operations management and analytic enterprise software include NI DIAdem, which is configuration-based technical data management, analysis, and report generation tools to mine and analyze engineering and measurement data; NI SystemLink, a systems management and data collection software that enables the mass coordination of connected devices, software deployments, and data communications throughout a distributed system; and NI Optimal Plus. The company also offers PXI and NI C-series hardware; NI PXI modular instrument platform; and NI semiconductor test systems, as well as software and hardware maintenance, and training and certification services. It serves semiconductor and electronics, transportation, aerospace, and defense industries; and government agencies. The company sells its products through direct sales, independent distributors, original equipment manufacturers, resellers, and system integrators and consultants. National Instruments Corporation was incorporated in 1976 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $59.98 to $59.99
• 50-Day Range: $59.53 to $59.98
• 52-Week Range: $34.97 to $59.99
• Volume: 5.08 million shs
• Average Volume: 1.82 million shs
• Market Capitalization: $7.97 billion
• P/E Ratio: 44.43
• Dividend Yield: 1.87%
• Price Target: N/A
• Consensus Rating: N/A

National Instruments Stock Analysis - MarketRank™

National Instruments scored higher than 36% of companies evaluated by MarketBeat, and ranked 484th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for National Instruments.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.05%

Earnings Growth

Earnings for National Instruments are expected to grow by 8.05% in the coming year, from $1.74 to $1.88 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of National Instruments is 44.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of National Instruments is 44.43, 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 238.08.

Price to Book Value per Share Ratio

National Instruments has a P/B Ratio of 6.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NATI.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

National Instruments pays a meaningful dividend of 1.87%, 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 82.96%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, National Instruments will have a dividend payout ratio of 59.57% next year. This indicates that National Instruments will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -1.06

Short Interest

There is no current short interest data available for NATI.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: -0.05

News Coverage This Week

MarketBeat has tracked 2 news articles for National Instruments this week, compared to 23 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, National Instruments insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.66% of the stock of National Instruments is held by insiders.

Percentage Held by Institutions

80.40% of the stock of National Instruments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NATI Stock Analysis - Frequently Asked Questions

How were National Instruments' earnings last quarter?

National Instruments Co. (NASDAQ:NATI) announced its earnings results on Thursday, October, 28th. The technology company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.18 by $0.24. National Instruments's revenue was up 19.2% compared to the same quarter last year.

Does National Instruments have any subsidiaries?

The following companies are subsidiaries of National Instruments: NH Research LLC, monoDrive, OptimalPlus Ltd., Micropross SAS, BEEcube, Digilent, Signalion, and more.

What other stocks do shareholders of National Instruments own?

Based on aggregate information from My MarketBeat watchlists, some other companies that National Instruments investors own include Tesla (TSLA), QUALCOMM (QCOM), Microchip Technology (MCHP), NVIDIA (NVDA), ServiceNow (NOW), Honeywell International (HON) and PayPal (PYPL).

Company Calendar

• Last Earnings: 10/28/2021
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Electronic Equipment & Instruments
• Current Symbol: NASDAQ:NATI
• CUSIP: 63651810
• CIK: 935494
• Web: www.ni.com
• Phone: (512) 683-0100
• Fax: 512-683-5794
• Employees: 7,000
• Year Founded: 1976

Profitability

• EPS (Most Recent Fiscal Year): $1.35
• Trailing P/E Ratio: 44.43
• Forward P/E Ratio: 34.47
• P/E Growth: N/A
• Net Income: $139.64 million
• Net Margins: 10.37%
• Pretax Margin: 12.16%
• Return on Equity: 22.27%
• Return on Assets: 11.17%

Debt

• Debt-to-Equity Ratio: 0.46
• Current Ratio: 2.49
• Quick Ratio: 1.54

Sales & Book Value

• Annual Sales: $1.66 billion
• Price / Sales: 4.81
• Cash Flow: $2.13 per share
• Price / Cash Flow: 28.13
• Book Value: $8.85 per share
• Price / Book: 6.78

Miscellaneous

• Outstanding Shares: 132,800,000
• Free Float: 131,922,000
• Market Cap: $7.97 billion
• Optionable: Optionable
• Beta: 1.14