News headlines about National Instruments (NASDAQ:NATI) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. National Instruments earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 45.2935467725603 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have effected Accern’s rankings:
- National Instruments Corp (NATI) Expected to Post Earnings of $0.19 Per Share (americanbankingnews.com)
- National Instruments (NATI) Downgraded by Zacks Investment Research to Hold (americanbankingnews.com)
- James J. Truchard Sells 142,500 Shares of National Instruments Corp (NATI) Stock (americanbankingnews.com)
- NI Technology Helps Subaru Reduce Electric Vehicle Test Development Times by 90 Percent (finance.yahoo.com)
- National Instruments Corporation’s (NASDAQ:NATI) Earnings Dropped -36.65%, How Did It Fare Against The Industry? (finance.yahoo.com)
NATI has been the subject of a number of research analyst reports. Zacks Investment Research raised National Instruments from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a report on Thursday, December 28th. BidaskClub cut National Instruments from a “sell” rating to a “strong sell” rating in a report on Saturday, December 16th. Robert W. Baird reissued a “buy” rating on shares of National Instruments in a report on Wednesday, January 31st. ValuEngine raised National Instruments from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, Stifel Nicolaus increased their target price on National Instruments from $46.00 to $50.00 and gave the company a “buy” rating in a report on Wednesday, January 31st. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $47.67.
National Instruments (NASDAQ:NATI) last announced its earnings results on Tuesday, January 30th. The technology company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. National Instruments had a return on equity of 10.76% and a net margin of 4.06%. The business had revenue of $349.80 million during the quarter, compared to analysts’ expectations of $347.38 million. During the same quarter in the prior year, the firm earned $0.34 earnings per share. The business’s revenue was up 6.3% compared to the same quarter last year. research analysts anticipate that National Instruments will post 1.19 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, March 5th. Investors of record on Monday, February 12th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend was Friday, February 9th. This is a boost from National Instruments’s previous quarterly dividend of $0.21. National Instruments’s dividend payout ratio (DPR) is currently 230.01%.
In related news, Director James J. Truchard sold 7,500 shares of the stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $41.88, for a total value of $314,100.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Scott Arthur Rust sold 4,395 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $49.45, for a total value of $217,332.75. Following the completion of the sale, the insider now directly owns 17,612 shares of the company’s stock, valued at approximately $870,913.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 864,866 shares of company stock valued at $43,821,903. Insiders own 9.92% of the company’s stock.
TRADEMARK VIOLATION WARNING: “National Instruments (NATI) Receives Daily News Sentiment Rating of 0.19” was first published by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at https://www.com-unik.info/2018/03/22/national-instruments-nati-receives-daily-news-sentiment-rating-of-0-19.html.
National Instruments Company Profile
National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers a line of measurement, automation and control products. It offers products, technology and services, which include system design software, programming tools, application software, modular hardware products and related driver software, production test systems, NI education platform, software products for teaching and hardware products for teaching.
Receive News & Ratings for National Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Instruments and related companies with MarketBeat.com's FREE daily email newsletter.