Key Points
- Mary Celeste Fruge sold 1,000 shares of NPK International at an average price of $13.56 on March 16, reducing her stake by 0.38% to 265,213 shares (worth about $3.6M).
- NPK posted an earnings beat, reporting $0.13 EPS versus $0.11 expected and $75.2M in revenue versus $69.02M, with a 14.06% net margin and 10.83% return on equity.
- The stock traded at $14.02 (up ~1%), has a market cap of about $1.18B and a P/E of 31.14, and analysts hold a consensus "Moderate Buy" with an average target of $14.17 (52‑week range $4.76–$15.96).
NPK International Inc. (NYSE:NPKI - Get Free Report) VP Mary Celeste Fruge sold 1,000 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $13.56, for a total transaction of $13,560.00. Following the transaction, the vice president directly owned 265,213 shares in the company, valued at approximately $3,596,288.28. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
NPK International Stock Up 1.0%
NPKI traded up $0.14 during midday trading on Thursday, hitting $14.02. The company had a trading volume of 46,879 shares, compared to its average volume of 725,798. NPK International Inc. has a 52 week low of $4.76 and a 52 week high of $15.96. The company has a quick ratio of 1.22, a current ratio of 1.43 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 31.14 and a beta of 1.23. The stock's 50 day moving average price is $13.92 and its 200 day moving average price is $12.59.
NPK International (NYSE:NPKI - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.02. The company had revenue of $75.20 million for the quarter, compared to analysts' expectations of $69.02 million. NPK International had a net margin of 14.06% and a return on equity of 10.83%. On average, research analysts anticipate that NPK International Inc. will post 0.39 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have commented on the company. Wall Street Zen cut NPK International from a "buy" rating to a "hold" rating in a research note on Saturday, January 17th. Weiss Ratings reiterated a "hold (c)" rating on shares of NPK International in a report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $14.17.
View Our Latest Research Report on NPKI
Institutional Investors Weigh In On NPK International
Several hedge funds and other institutional investors have recently made changes to their positions in NPKI. Caitong International Asset Management Co. Ltd raised its holdings in shares of NPK International by 26,725.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,146 shares of the company's stock worth $26,000 after acquiring an additional 2,138 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new position in NPK International during the 2nd quarter valued at about $26,000. Wilmington Savings Fund Society FSB bought a new stake in NPK International during the 3rd quarter worth approximately $28,000. Wealth Enhancement Advisory Services LLC bought a new stake in NPK International during the 3rd quarter worth approximately $33,000. Finally, Federated Hermes Inc. purchased a new stake in shares of NPK International in the second quarter worth approximately $39,000. 80.81% of the stock is owned by institutional investors.
About NPK International
(
Get Free Report)
NPK International, Inc (NYSE: NPKI) is a specialty chemical distributor supplying a broad range of industrial and performance materials across diverse end-markets. Its product portfolio includes acetic acid and derivatives, alcohols, ketones, esters, glycol ethers, glycols, specialty solvents, select inorganic chemicals and crop-protection intermediates. These materials serve industries such as coatings, adhesives and sealants, oil and gas, personal care, pharmaceuticals, agrochemicals and water treatment.
The company places a strong emphasis on supply-chain security and technical service, maintaining warehousing, logistics support and laboratory capabilities at its regional distribution centers.
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