NPK International (NYSE:NPKI) Given “Buy” Rating at HC Wainwright

NPK International (NYSE:NPKI)‘s stock had its “buy” rating reaffirmed by investment analysts at HC Wainwright in a research report issued on Friday,Benzinga reports. They presently have a $12.00 price objective on the stock. HC Wainwright’s price objective would suggest a potential upside of 99.67% from the stock’s current price.

NPK International Stock Down 5.4 %

Shares of NYSE:NPKI opened at $6.01 on Friday. The firm has a market cap of $519.85 million, a P/E ratio of -3.28 and a beta of 2.89. NPK International has a 12-month low of $5.73 and a 12-month high of $8.65. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.29 and a quick ratio of 2.00.

NPK International (NYSE:NPKI) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.08 earnings per share for the quarter, meeting the consensus estimate of $0.08. NPK International had a positive return on equity of 5.93% and a negative net margin of 28.47%. The company had revenue of $57.52 million during the quarter, compared to analysts’ expectations of $59.67 million. On average, analysts forecast that NPK International will post 0.39 EPS for the current fiscal year.

NPK International Company Profile

NPK International Inc provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America.