NPK International (NYSE:NPKI) Stock Rating Upgraded by B. Riley

B. Riley upgraded shares of NPK International (NYSE:NPKI) to a strong-buy rating in a research note issued to investors on Wednesday,Zacks.com reports. B. Riley also issued estimates for NPK International’s Q1 2025 earnings at $0.09 EPS, Q2 2025 earnings at $0.09 EPS, Q3 2025 earnings at $0.07 EPS and Q4 2025 earnings at $0.10 EPS.

Separately, HC Wainwright reiterated a “buy” rating and issued a $12.00 price target on shares of NPK International in a research note on Friday, February 28th.

NPK International Stock Down 0.5 %

Shares of NPK International stock opened at $6.04 on Wednesday. The company has a current ratio of 2.29, a quick ratio of 2.00 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $522.79 million, a PE ratio of -3.30 and a beta of 2.86. NPK International has a 52-week low of $5.33 and a 52-week high of $8.65.

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

Insider Buying and Selling at NPK International

In other news, Director John C. Minge purchased 10,000 shares of the stock in a transaction on Wednesday, March 5th. The stock was bought at an average price of $5.38 per share, with a total value of $53,800.00. Following the transaction, the director now owns 230,287 shares in the company, valued at $1,238,944.06. The trade was a 4.54 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.80% of the stock is currently owned by company insiders.

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.