NATI stock: buy or sell?
May 21st, 2019
National Instruments Corporation designs, manufactures, and sells systems to engineers and scientists worldwide. It offers LabVIEW, a system design software for measurement, automation, and control; LabVIEW Real-Time and LabVIEW FPGA, which are software add-ons to LabVIEW; LabVIEW Communications System Design Suite for wireless prototyping; LabWindows\u002FCVI for creating test and control applications; and Measurement Studio consisting of measurement and automation add-on libraries, and additional tools for programmers.
Should I buy NATI stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, National Instruments stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is National Instruments stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we found 1 rating published for NATI stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
NATI stock analysis
National Instruments shares raised 1.24% to $39.92 today.
National Instruments raised a beatiful 1.24% and closed at $39.92. Since price and SMA200d lines crossed down on May 1st, NATI fell $-6.90 per share (-14.74%).
After sliding a spooky -5.32% in a week last week, National Instruments closed this week at $39.92 and slightly fell a disappointing -0.70%. Counting this, it's been 4 sliding weeks in a row, loosing $-7.51 (-16.10%).
National Instruments stock slid through the support line what triggered further losses. Since late April, when NATI stock price broke down the 40-weeks moving avarage line, it slid $-7.51 per share (-15.83%). Stocks under the 200 days moving average line are usually not recommended for average traders.
NATI stock price history
NATI stock went public on March 14th, 1995 with a price of $2.711. Since then, NATI stock surged a 1,373.10%, with an average of 57.20% per year. If you had invested $1,000 in NATI stock in 1995, it would worth $13,731.00 today.
1: Adjusted price after possible price splits or reverse-splits.
NATI stock historical price chart
NATI stock reached 52-week highs on November at $50.29, and all-time highs 2018-03-08 with a price of 52.16.
NATI stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price target for National Instruments stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on April 24th, National Instruments plunged a hair-raising -15.76%. As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a fine gain of 5.41% to $1,359.13 M USD. In the same way, its income margin (compared to revenues) jumped to 11.41%, that is $155.06 million. To have an updated view of the financial situation of National Instruments, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual National Instruments TTM sales up to March 2019 were $1,358.31 and earnings were $154.01 million USD. If we compare this TTM figures with the last reported annuality, we can esteem National Instruments business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, stayed constant a neutral -0.06%. In the same way, profit margin (net income/revenues) stayed constant at 11.41%.
|2013||$1,170 M||-||$81 M6.9%||-|
|2014||$1,244 M||6.31%||$126 M10.2%||56.92%|
|2015||$1,225 M||-1.48%||$95 M7.8%||-24.59%|
|2016||$1,228 M||0.22%||$83 M6.7%||-13.15%|
|2017||$1,289 M||4.98%||$52 M4.1%||-36.65%|
|2018||$1,359 M||5.41%||$155 M11.4%||195.85%|
|TTM||$1,358 M||-0.06%||$154 M11.3%||-0.68%|
Quarterly financial resultsNational Instruments reported $311.07 million in sales for 2019-Q1, a -13.61% less compared to previous quarter. Reported quarter income marked $23.22 M with a profit margin of 7.46%. Profit margin slipped a -8.24% compared to previous quarter when profit margin was 15.70%. When comparing turnover to same quarter last year, National Instruments sales marked a tight movement and stayed steady a -0.26%.
|2017-Q2||$318 M||-||$25 M7.9%||-|
|2017-Q3||$322 M||1.38%||$33 M10.4%||32.71%|
|2017-Q4||$350 M||8.51%||$-24 M-6.9%||-172.72%|
|2018-Q1||$312 M||-10.82%||$24 M7.8%||-199.94%|
|2018-Q2||$341 M||9.33%||$31 M9.1%||27.96%|
|2018-Q3||$346 M||1.50%||$43 M12.5%||39.09%|
|2018-Q4||$360 M||4.04%||$57 M15.7%||30.90%|
|2019-Q1||$311 M||-13.61%||$23 M7.5%||-58.93%|
National Instruments ownershipWhen you are planning to buy a company, it's always worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For National Instruments, 13.27% of all outstanding shares are owned by its staff.
In case of National Instruments stock, 78.70% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for NATI stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to National Instruments:
|Market cap||$5.3 B||$21.9 B||$19.7 B||$15.5 B||$93.2 B|
|Total shares||131.9 M||317.5 M||227.8 M||83.9 M||715.9 M|
|Float shares||113.0 M||316.1 M||224.5 M||83.3 M||635.6 M|
|- Institutional holdings (%)||78.7%||88.2%||87.7%||98.2%||79.9%|
|- Insider holdings (%)||13.3%||0.4%||0.5%||1.2%||11.4%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$39.48 - $40.06|
|Average true range||$1.00|
|50d mov avg||$44.46|
|100d mov avg||$44.76|
|200d mov avg||$45.44|
National Instruments performanceTo measure stock performance is always good to benchmark with competitors or related stocks. We picked Agilent Technologies, AMTEK, ANSYS, Danaher, Synopsys, Teradyne and Wireless Telecom as the bechmarking frame for National Instruments stock.