NPK stock: buy or sell?
May 21st, 2019
National Presto Industries, Inc. provides housewares and small appliances, and defense products primarily in North America.
Should I buy NPK stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy 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.
None of our preferred buy setups matches with National Presto stock situation right now, hence this is not a suitable entry point.
|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 Presto Industries stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for NPK stock for the last month.
NPK stock analysis
National Presto remained stable a tight 0.15% and closed at $101.15.
National Presto remained stable a tight 0.15% and closed at $101.15. Since price and SMA200d lines crossed down on February, NPK fell $-22.12 per share (-17.94%). NPK marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $110.69 would break this short term down trend and open possibilities for reversing this situation.
After sliding a frightening -6.28% in a week last week, National Presto closed this week at $101.15 and stayed constant a neutral -0.22%. Counting this, it's been 4 sliding weeks in a row, loosing $-11.35 (-10.62%).
Since mid February, when NPK stock price broke down the 40-weeks moving avarage line, it slid $-28.26 per share (-21.84%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Far behind is the all-time high National Presto Industries marked late August 2018 and since then the price is -27.31% below that top.
NPK stock price history
NPK stock went public on March 17th, 1980 with a price of $3.121. Since then, NPK stock grew a 3,142.00%, with an average of 80.60% per year. If you had invested $1,000 in NPK stock in 1980, it would worth $31,420.00 today.
1: Adjusted price after possible price splits or reverse-splits.
NPK stock historical price chart
NPK stock reached all-time highs on August with a price of $139.15.
NPK stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' NPK stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price target for National Presto Industries stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareSince March, when National Presto Industries published its last earnings report, it dropped a tragic -6.82%. As soon as we get its posted EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, National Presto Industries annual revenues declined a lame -3.09% to $323.32 million USD from $333.63 marked in 2017. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) depreciated a -3.52% to 12.35%.
|2013||$420 M||-||$41 M9.8%||-|
|2014||$412 M||-1.86%||$26 M6.4%||-35.81%|
|2015||$428 M||3.72%||$40 M9.5%||52.95%|
|2016||$342 M||-20.06%||$45 M13.0%||10.05%|
|2017||$334 M||-2.42%||$53 M15.9%||18.84%|
|2018||$323 M||-3.09%||$40 M12.4%||-24.58%|
Quarterly financial resultsNational Presto Industries posted $85.61 M in revenues for 2018-Q4, a 4.85% improvement compared to previous quarter. Reported quarter earnings marked $11.81 M with a profit margin of 13.79%. Profit margin rose a 5.99% compared to previous quarter when profit margin was 7.80%. When comparing sales to same quarter last year, National Presto sales marked a chilling loss and plunged a -25.94%. Looking back to recent quarterly results, National Presto Industries posted 3 positive quarters in a row.
|2017-Q1||$73 M||-||$10 M13.7%||-|
|2017-Q2||$75 M||2.35%||$9 M12.0%||-10.33%|
|2017-Q3||$71 M||-5.29%||$8 M11.8%||-6.80%|
|2017-Q4||$116 M||63.71%||$17 M14.5%||101.15%|
|2018-Q1||$77 M||-33.54%||$11 M14.3%||-34.45%|
|2018-Q2||$79 M||3.13%||$11 M13.6%||-1.92%|
|2018-Q3||$82 M||3.06%||$6 M7.8%||-40.87%|
|2018-Q4||$86 M||4.85%||$12 M13.8%||85.34%|
National Presto ownershipWhen you are planning to invest in shares of 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 Presto Industries, 29.64% of all outstanding shares are owned by its staff.
In case of National Presto stock, 67.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for NPK stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$710.1 M||$4.0 B||$3.0 B||$483.9 M||$1.7 B|
|Total shares||7.0 M||59.1 M||77.5 M||54.6 M||54.1 M|
|Float shares||5.0 M||57.8 M||71.2 M||50.0 M||53.8 M|
|- Institutional holdings (%)||67.0%||80.3%||106.4%||74.1%||106.7%|
|- Insider holdings (%)||29.6%||2.2%||2.9%||2.4%||0.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$100.26 - $101.61|
|Average true range||$3.10|
|50d mov avg||$107.33|
|100d mov avg||$112.49|
|200d mov avg||$119.45|
National Presto performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected Axon Enterprise, Aerojet Rocketdyne, American Outdoor Brands, Energizer, Kimberly-Clark, Sturm, Ruger and TriMas as the bechmarking frame for National Presto Industries stock.
|NPKNational Presto I...||-17.94%||-19.45%||-7.98%|
|AOBCAmerican Outdoor ...||-30.81%||-33.06%||-29.21%|