NL Industries, Inc. (NYSE:NL) will release its Q3 2017 earnings data after the market closes on Monday, November 6th. Analysts expect NL Industries to post earnings of $0.21 per share for the quarter.
NL Industries, Inc. (NYSE NL) opened at $11.75 on Friday. The firm has a market capitalization of $572.40, a PE ratio of 8.58 and a beta of 2.81. NL Industries, Inc. has a 52-week low of $3.30 and a 52-week high of $14.50.
Separately, BidaskClub cut NL Industries from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th.
A hedge fund recently raised its stake in NL Industries stock. State Street Corp boosted its stake in shares of NL Industries, Inc. (NYSE:NL) by 13.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 140,610 shares of the basic materials company’s stock after purchasing an additional 16,275 shares during the period. State Street Corp owned 0.29% of NL Industries worth $989,000 as of its most recent filing with the SEC. 9.54% of the stock is currently owned by hedge funds and other institutional investors.
About NL Industries
NL Industries, Inc is a holding company. The Company operates in the component products industry through its subsidiary, CompX International Inc (CompX). The Company operates in the chemicals industry through its non-controlling interest in Kronos Worldwide, Inc (Kronos). The Company, through Compx, manufactures engineered components that are sold to a range of industries, including recreational transportation (including boats), postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations and vending equipment.
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