National Presto Industries Stock Today

NPK Stock  USD 83.80  1.94  2.37%   

Performance

5 of 100

 
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High
Modest

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
National Presto is selling for 83.80 as of the 29th of March 2024. This is a 2.37 percent increase since the beginning of the trading day. The stock's last reported lowest price was 81.85. National Presto has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for National Presto Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
30th of December 1987
Category
Industrials
National Presto Industries Inc. provides housewares and small electric appliance, and defense products primarily in North America. National Presto Industries Inc. was incorporated in 1905 and is based in Eau Claire, Wisconsin. National Presto operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. The company has 7.12 M outstanding shares of which 94.01 K shares are now shorted by investors with about 1.52 days to cover. More on National Presto Industries

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National Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. National Presto's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding National Presto or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanMaryjo Cohen
Thematic Ideas
(View all Themes)
Old Names[NORTHLAND REG., NORTHLAND REG., NPK, NORTHLAND REG. - Frankfurt Stock Exchang]
Business ConcentrationAerospace & Defense, Industrials, NYSE Composite, SP Small-Cap 600, Military Industrial, Defense, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering National Presto report their recommendations after researching National Presto's financial statements, talking to executives and customers, or listening in on National Presto's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering National Presto Indu. The National consensus assessment is calculated by taking the average forecast from all of the analysts covering National Presto.
National Presto's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to National Presto's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand National Presto's financial leverage. It provides some insight into what part of National Presto's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on National Presto's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how National Presto deploys its capital and how much of that capital is borrowed.
Liquidity
National Presto cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 10.73 M in debt with debt to equity (D/E) ratio of 0.03, which may show that the company is not taking advantage of profits from borrowing. National Presto Indu has a current ratio of 6.59, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist National Presto until it has trouble settling it off, either with new capital or with free cash flow. So, National Presto's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like National Presto Indu sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for National to invest in growth at high rates of return. When we think about National Presto's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

33.49 Million
National Presto Industries (NPK) is traded on New York Stock Exchange in USA. It is located in 3925 North Hastings Way, Eau Claire, WI, United States, 54703-3703 and employs 1,007 people. National Presto is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 582.64 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate National Presto's market, we take the total number of its shares issued and multiply it by National Presto's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. National Presto Indu runs under Aerospace & Defense sector within Industrials industry. The entity has 7.12 M outstanding shares of which 94.01 K shares are now shorted by investors with about 1.52 days to cover. National Presto Industries has about 70.71 M in cash with 45.39 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.6.
Check National Presto Probability Of Bankruptcy
Ownership Allocation
The market capitalization of National Presto Industries is $582.64 Million. Over half of National Presto's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in National Presto Indu. Please watch out for any change in the institutional holdings of National Presto Industries as this could mean something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check National Ownership Details

National Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of National Presto jumping above the current price in 90 days from now is about 1.4%. The National Presto Industries probability density function shows the probability of National Presto stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon National Presto has a beta of 0.6997. This indicates as returns on the market go up, National Presto average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding National Presto Industries will be expected to be much smaller as well. Additionally, national Presto Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 83.8HorizonTargetOdds Above 83.8
98.57%90 days
 83.80 
1.40%
Based on a normal probability distribution, the odds of National Presto to move above the current price in 90 days from now is about 1.4 (This National Presto Industries probability density function shows the probability of National Stock to fall within a particular range of prices over 90 days) .

National Stock Institutional Holders

Institutional Holdings refers to the ownership stake in National Presto that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of National Presto's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing National Presto's value.
InstituionRecorded OnShares
Bank Of New York Mellon Corp2023-12-31
90.2 K
Charles Schwab Investment Management Inc2023-12-31
87.2 K
Amvescap Plc.2023-12-31
68.8 K
Aqr Capital Management Llc2023-12-31
61.2 K
Morgan Stanley - Brokerage Accounts2023-12-31
56.4 K
Northern Trust Corp2023-12-31
54.3 K
Wallace Capital Management, Inc.2023-12-31
36.3 K
Ameriprise Financial Inc2023-12-31
31.4 K
Jpmorgan Chase & Co2023-12-31
27.4 K
Blackrock Inc2023-12-31
929 K
Vanguard Group Inc2023-12-31
603.1 K
View National Presto Diagnostics

National Presto Historical Income Statement

National Presto Industries Income Statement is one of the three primary financial statements used for reporting National's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of National Presto Indu revenue and expense. National Presto Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, National Presto's Net Income Applicable To Common Shares is quite stable compared to the past year. Tax Provision is expected to rise to about 10.8 M this year, although the value of Other Operating Expenses will most likely fall to about 225.4 M. View More Fundamentals

National Stock Against Markets

Picking the right benchmark for National Presto stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in National Presto stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for National Presto is critical whether you are bullish or bearish towards National Presto Industries at a given time. Please also check how National Presto's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in National Presto without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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National Presto Corporate Directors

National Presto corporate directors refer to members of a National Presto board of directors. The board of directors generally takes responsibility for the National Presto's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of National Presto's board members must vote for the resolution. The National Presto board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Joseph StienessenIndependent DirectorProfile
Patrick QuinnIndependent DirectorProfile
Randy LiebleCFO, VP, Treasurer and DirectorProfile
Richard CardozoIndependent DirectorProfile

How to buy National Stock?

Before investing in National Presto, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in National Presto. To buy National Presto stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of National Presto. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase National Presto stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located National Presto Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased National Presto Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as National Presto Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy National Stock please use our How to Invest in National Presto guide.

Already Invested in National Presto Industries?

The danger of trading National Presto Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of National Presto is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than National Presto. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile National Presto Indu is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether National Presto Indu is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if National Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about National Presto Industries Stock. Highlighted below are key reports to facilitate an investment decision about National Presto Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Presto Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running National Presto's price analysis, check to measure National Presto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Presto is operating at the current time. Most of National Presto's value examination focuses on studying past and present price action to predict the probability of National Presto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Presto's price. Additionally, you may evaluate how the addition of National Presto to your portfolios can decrease your overall portfolio volatility.
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Is National Presto's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Presto. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Presto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5.034
Dividend Share
1
Earnings Share
4.86
Revenue Per Share
47.975
Quarterly Revenue Growth
(0.14)
The market value of National Presto Indu is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Presto's value that differs from its market value or its book value, called intrinsic value, which is National Presto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Presto's market value can be influenced by many factors that don't directly affect National Presto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Presto's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Presto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Presto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.