Northern Technologies International (NTIC) Stock Price, News & Analysis

Company Overview

Northern Technologies International Corporation develops and markets rust and corrosion inhibiting solutions in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company provides a portfolio of bio-based and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site and technical consulting for rust and corrosion prevention issues. It sells its products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets through direct sales force, network of independent distributors, agents, manufacturer's sales representatives, and strategic partners. The company was founded in 1970 and is headquartered in Circle Pines, Minnesota.

Key Stats

• Today's Range: $13.95 to $14.25
• 50-Day Range: $11.89 to $14.24
• 52-Week Range: $10.08 to $19.63
• Volume: 11,773 shs
• Average Volume: 16,853 shs
• Market Capitalization: $132.49 million
• P/E Ratio: 25.44
• Dividend Yield: 2.00%
• Price Target: $20.00
• Consensus Rating: Buy

Northern Technologies International Stock Analysis - MarketRank™

Northern Technologies International scored higher than 83% of companies evaluated by MarketBeat, and ranked 91st out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Northern Technologies International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Northern Technologies International has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 29.85%

Earnings Growth

Earnings for Northern Technologies International are expected to grow by 29.85% in the coming year, from $0.67 to $0.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Northern Technologies International is 25.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Northern Technologies International is 25.44, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 106.60.

Price to Book Value per Share Ratio

Northern Technologies International has a P/B Ratio of 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.86% of the float of Northern Technologies International has been sold short.

Short Interest Ratio / Days to Cover

Northern Technologies International has a short interest ratio ("days to cover") of 8.9.

Change versus previous month

Short interest in Northern Technologies International has recently increased by 10.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Northern Technologies International pays a meaningful dividend of 1.97%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Northern Technologies International does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Northern Technologies International is 50.91%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Northern Technologies International will have a dividend payout ratio of 32.18% next year. This indicates that Northern Technologies International will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.86% of the float of Northern Technologies International has been sold short.

Short Interest Ratio / Days to Cover

Northern Technologies International has a short interest ratio ("days to cover") of 8.9.

Change versus previous month

Short interest in Northern Technologies International has recently increased by 10.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.27

News Sentiment

Northern Technologies International has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Northern Technologies International this week, compared to 1 article on an average week.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Northern Technologies International insiders have not sold or bought any company stock.

Percentage Held by Insiders

22.10% of the stock of Northern Technologies International is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 32.88% of the stock of Northern Technologies International is held by institutions.

NTIC Stock Analysis - Frequently Asked Questions

How have NTIC shares performed this year?

Northern Technologies International's stock was trading at $11.79 at the start of the year. Since then, NTIC shares have increased by 18.7% and is now trading at $13.99.
View the best growth stocks for 2024 here.

How were Northern Technologies International's earnings last quarter?

Northern Technologies International Co. (NASDAQ:NTIC) announced its quarterly earnings results on Thursday, July, 11th. The specialty chemicals company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by $0.13. The specialty chemicals company had revenue of $20.69 million for the quarter, compared to analysts' expectations of $23 million. Northern Technologies International had a net margin of 6.36% and a trailing twelve-month return on equity of 8.03%.

When did Northern Technologies International's stock split?

Northern Technologies International's stock split before market open on Monday, July 1st 2019. The 2-1 split was announced on Monday, June 3rd 2019. The newly created shares were distributed to shareholders after the market closes on Friday, June 28th 2019. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are Northern Technologies International's major shareholders?

Top institutional investors of Northern Technologies International include Needham Investment Management LLC (5.53%), Geode Capital Management LLC (1.85%), State Street Corp (0.90%) and Diamond Hill Capital Management Inc. (0.80%). Insiders that own company stock include Richard Nigon and Sarah E Kemp.
View institutional ownership trends.

How do I buy shares of Northern Technologies International?

Shares of NTIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Northern Technologies International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Northern Technologies International investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 7/11/2024
• Ex-Dividend for 11/13 Dividend: 10/30/2024
• Dividend Payable: 11/13/2024
• Today: 11/23/2024
• Fiscal Year End: 8/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Coating, engraving, & allied services
• Sub-Industry: Fabricated Products
• Current Symbol: NASDAQ:NTIC
• CUSIP: N/A
• CIK: 875582
• Web: www.ntic.com
• Phone: (763) 225-6600
• Fax: 763-225-6645
• Employees: 200
• Year Founded: 1970

Price Target and Rating

• Average Stock Price Target: $20.00
• High Stock Price Target: $20.00
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +43.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.55
• Trailing P/E Ratio: 25.44
• Forward P/E Ratio: 20.88
• P/E Growth: N/A
• Net Income: $2.91 million
• Net Margins: 6.36%
• Pretax Margin: 8.99%
• Return on Equity: 8.03%
• Return on Assets: 6.48%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.32
• Quick Ratio: 1.67

Sales & Book Value

• Annual Sales: $85.06 million
• Price / Sales: 1.56
• Cash Flow: $0.79 per share
• Price / Cash Flow: 17.73
• Book Value: $7.55 per share
• Price / Book: 1.85

Miscellaneous

• Outstanding Shares: 9,470,000
• Free Float: 7,377,000
• Market Cap: $132.49 million
• Optionable: Not Optionable
• Beta: 0.60