Home News Valuation Today: National Instruments Corporation (NASDAQ: NATI)

Valuation Today: National Instruments Corporation (NASDAQ: NATI)

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National Instruments Corporation trades as part of the application software industry and trades as part of the technology sector. The company CEO is Alexander M. Davern. National Instruments Corp designs, manufactures and sells computer-based virtual instrumentation software and hardware products to scientists and engineers. Its products include embedded control and monitoring hardware, NI LabVIEW, and NI LabWindows/CVI.

Previous Intraday Trading Performance:

The NATI stock showed a previous change of 3.62% with an open at 38.58 and a close of 39.50. It reached an intraday high of 39.50 and a low of 38.43.

Business Wire:  NI Announces Expansion of Vector Signal Transceiver Product Family to Cover X-Band Through Ka-Band Applications

Liquidity:

The stock has a market cap of $5.2b with 131.9m shares outstanding, of which the float is 124.4m shares. Trading volume reached 776,682 shares compared to its average volume of 592,167 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, National Instruments Corporation shares returned 1.07% and in the past 30 trading days it returned -16.03%. Over three months, it changed -14.71%. In one year it has changed -6.51% and within that year its 52-week high was 51.00 and its 52-week low was 38.01. NATI stock is 3.92% above its 52 Week Low.

Our calculations show a 200 day moving average of 45.24 and a 50 day moving average of 43.48. Currently NATI stock is trading -12.68% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  NI, Tessolve and Johnstech Demonstrate mmWave 5G Package Test Solution

Earnings:

The last annual fiscal EPS for the company was reported at 1.15 that ended on 31st of December 2018, which according to the previous close, that is a PE of 34.35. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.24. The TTM EPS is 1.35, which comes to a TTM PE of 29.26. Historically, the PE high was 137.40 and the PE low was 27.10. If the stock reached its PE low, that would represent a price of 36.58, which is a decrease of -7.38%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/30/2019): 0.17
4thQtr of 2018 (Reported on 01/29/2019): 0.42
3rdQtr of 2018 (Reported on 10/25/2018): 0.32
2ndQtr of 2018 (Reported on 07/26/2018): 0.23
1stQtr of 2018 (Reported on 04/26/2018): 0.18

The dividend per share is currently 1.00, which is a dividend yield of 2.53%.

Base on our calculations, the intrinsic value per share is 7.92, which means it may be overvalued by -399.02%.

Indicators to Watch:

The current calculated beta is 0.91.

Business Wire:  NI, Tessolve and Johnstech Demonstrate mmWave 5G Package Test Solution

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.70%, return on assets is 9.87%, profit margin is 11.40%, price-to-sales is 3.70 and price-to-book is 4.18.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 4  :Past Performance Score
 5  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

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Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.