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 research note released on Saturday.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings reissued a “hold (c)” rating on shares of NPK International in a research report on Monday, December 8th. HC Wainwright boosted their price objective on NPK International from $12.00 to $18.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $14.17.

NPK International Stock Down 0.2%

Shares of NYSE NPKI opened at $12.89 on Friday. The stock has a market capitalization of $1.09 billion, a PE ratio of 33.91 and a beta of 1.28. 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 firm has a fifty day moving average of $12.27 and a 200-day moving average of $10.47. NPK International has a 52-week low of $4.76 and a 52-week high of $14.00.

NPK International (NYSE:NPKI) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates 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, analysts anticipate that NPK International will post 0.39 EPS for the current year.

Institutional Trading of NPK International

Several institutional investors have recently added to or reduced their stakes in NPKI. Amalgamated Bank bought a new position in shares of NPK International in the 2nd quarter worth about $25,000. EverSource Wealth Advisors LLC acquired a new stake in NPK International during the second quarter worth about $26,000. CWM LLC bought a new stake in shares of NPK International in the 2nd quarter worth approximately $27,000. Wilmington Savings Fund Society FSB bought a new position in NPK International during the 3rd quarter worth $28,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in NPK International in the third quarter worth $33,000. Institutional investors own 80.81% of the company’s stock.

About NPK International

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.