NPK International (NYSE:NPKI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of NPK International (NYSE:NPKI) from a hold rating to a buy rating in a report issued on Sunday.

Other research analysts have also recently issued reports about the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NPK International in a report on Monday, December 29th. HC Wainwright raised their price target on shares of NPK International from $12.00 to $18.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $14.17.

NPK International Stock Performance

NPK International stock opened at $12.44 on Friday. NPK International has a twelve month low of $4.76 and a twelve month high of $14.00. The company has a quick ratio of 2.00, a current ratio of 2.20 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $1.05 billion, a P/E ratio of 32.72 and a beta of 1.24. The stock’s 50 day moving average is $12.39 and its 200 day moving average is $10.90.

NPK International (NYSE:NPKI) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.07 earnings per share for the quarter, meeting the consensus estimate of $0.07. The firm had revenue of $68.84 million during the quarter, compared to the consensus estimate of $56.83 million. NPK International had a return on equity of 9.93% and a net margin of 12.74%. On average, equities research analysts predict that NPK International will post 0.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AlphaQuest LLC raised its stake in NPK International by 4.0% during the 3rd quarter. AlphaQuest LLC now owns 22,706 shares of the company’s stock valued at $257,000 after buying an additional 869 shares during the last quarter. Creative Planning boosted its stake in shares of NPK International by 7.0% in the 3rd quarter. Creative Planning now owns 33,945 shares of the company’s stock worth $384,000 after buying an additional 2,208 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of NPK International in the third quarter worth $28,000. Diversified Trust Co increased its position in NPK International by 11.2% during the third quarter. Diversified Trust Co now owns 27,447 shares of the company’s stock valued at $310,000 after acquiring an additional 2,763 shares during the last quarter. Finally, Amalgamated Bank purchased a new stake in NPK International during the second quarter valued at $25,000. Institutional investors own 80.81% of the company’s stock.

NPK International Company Profile

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.