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NATI

National Instruments Corporation

Technology

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Price alert · NATI

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59.99 0.00 0.00%
As of Oct 10, 2023
59.98 Day range 59.99

52-week range unavailable

Open
59.98
Prev close
59.99
Mkt cap
7.97B
Vol
3.86M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
1.87%
More statistics
Low
59.98
High
59.99
Forward P/E
20.90
Beta
1.18
Short ratio
5.81
Inst. own
85.24%
Dividend
1.12
Ex-div date
Aug 6, 2023
Earnings
Oct 26, 2023
50-d avg
59.56
200-d avg
55.99
1y target
60.00

2Y chart

Chart tools
Interval
NATI two-year price chart29.837.444.952.460.0Oct 21Mar 22Aug 22Jan 23May 23Oct 23

Key statistics

Market cap
7.97B
Enterprise value
8.47B
Trailing P/E
44.43
Forward P/E
20.90
PEG ratio
4.32
Price / sales
4.60
Price / book
6.54
EPS (TTM)
1.35
Beta
1.18
Dividend yield
1.87%
Payout ratio
82.96%
Profit margin
10.37%
Revenue (TTM)
1.73B
Revenue growth
5.40%
Free cash flow
188.98M
Total cash
142.65M
Total debt
642.47M
Return on equity
15.04%
Shares outstanding
132.80M
Short % of float
5.85%
50-day average
59.56
200-day average
55.99

Analyst view

Consensus: hold

Hold
Price target (mean) 60.00
Ratings (0m) 3 2 buy · 1 hold · 0 sell
  • Strong buy2
  • Buy0
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Oct 26, 2023

Expected Oct 26, 2023. Consensus EPS estimate 0.57.

Earnings history

Financials — quick view

All financials
NATI Revenue — quarterly 416.80M
2019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 2023
NATI Net income — quarterly 30.49M
2019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 2023
NATI EPS — quarterly 0.23
2019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 2023

Earnings

NATI recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Oct 26, 2023Sep 1, 20230.59———
Jul 27, 2023Jun 1, 20230.60———
Apr 27, 2023Mar 1, 20230.55———
Jan 31, 2023Dec 1, 20220.65———
Oct 27, 2022Sep 1, 20220.55———
Jul 28, 2022Jun 1, 20220.34———

Upgrades / downgrades

NATI analyst upgrades and downgrades
DateFirmActionFromTo
Apr 13, 2023JefferiesdownBuyHold
Apr 12, 2023SusquehannadownPositiveNeutral
Apr 12, 2023Morgan Stanleydown—Equal-Weight
Jan 31, 2023BairddownOutperformNeutral
Jan 16, 2023Morgan Stanleyreit—Overweight
Dec 12, 2022Morgan Stanleymain—Overweight

About National Instruments Corporation

National Instruments Corporation provides a software-centric platform to engineers and scientists worldwide. Its programming environments software includes NI LabVIEW, a graphical software platform to visualize hardware configuration, measurement data, and debugging; NI LabWindows/CVI, an ANSI C integrated development environment and engineering toolbox; and NI Measurement Studio, a suite of .NET tools for building engineering applications in Microsoft Visual Studio. The company's application software comprises NI TestStand that is used for automated test and measurement applications in manufacturing environment; NI VeriStand, a software environment for configuring real-time testing applications; Flexlogger for sensor configuration and data logging of mixed signals. Its operations management and analytic enterprise software include NI DIAdem, which is configuration-based technical data management, analysis, and report generation tools to mine and analyze engineering and measurement data; NI SystemLink, a systems management and data collection software that enables the mass coordination of connected devices, software deployments, and data communications throughout a distributed system; and NI Optimal Plus. The company also offers PXI and NI C-series hardware; NI PXI modular instrument platform; and NI semiconductor test systems, as well as software and hardware maintenance, and training and certification services. It serves semiconductor and electronics, transportation, aerospace, and defense industries; and government agencies. The company sells its products through direct sales, independent distributors, original equipment manufacturers, resellers, and system integrators and consultants. National Instruments Corporation was incorporated in 1976 and is headquartered in Austin, Texas. As of October 11, 2023, National Instruments Corporation operates as a subsidiary of Emerson Electric Co.

Sector
Technology
Industry
Software—Application
Country
United States
Website
ni.com

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Insider holders

NATI insider holders
InsiderRelationLatest transactionDateShares held
BERENBAUM DANIELChief Financial OfficerStock Award(Grant)Apr 30, 202314,397
CASHMAN JAMES E IIIDirectorStock Award(Grant)Apr 25, 202325,220
DAVERN ALEXANDER MDirectorSaleMay 14, 2023278,532
DELLY GAYLA JDirectorStock Award(Grant)Apr 25, 202322,279
FAVRE RITU COfficerSaleMay 24, 202345,620
GRIFFIN LIAM KDirectorStock Award(Grant)Apr 25, 202325,220

Institution ownership

NATI institution ownership
Holder% heldSharesValueReported
Vanguard Group Inc10.28%13,649,366783.47MJun 29, 2023
Blackrock Inc.8.95%11,885,446682.22MJun 29, 2023
Pentwater Capital Management Lp5.16%6,850,000393.19MJun 29, 2023
TIG Advisors, LLC3.58%4,755,304272.95MJun 29, 2023
Janus Henderson Group PLC3.42%4,542,773260.76MJun 29, 2023
State Street Corporation2.74%3,643,893209.16MJun 29, 2023

Fund ownership

NATI fund ownership
Holder% heldSharesValueReported
iShares Core S&P Midcap ETF3.19%4,239,763252.69MAug 30, 2023
Vanguard Total Stock Market Index Fund3.09%4,098,340235.24MJun 29, 2023
Vanguard Small-Cap Index Fund2.56%3,394,892194.87MJun 29, 2023
Janus Henderson Enterprise Fund2.47%3,276,042188.04MJun 29, 2023
Vanguard Small-Cap Growth Index Fund1.46%1,941,681111.45MJun 29, 2023
Vanguard Extended Market Index Fund1.35%1,795,727103.07MJun 29, 2023
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