National Presto Industries, Inc (NYSE: NPK) is 51.60% higher on its value in year-to-date trading and has touched a low of $69.58 and a high of $104.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NPK stock was last observed hovering at around $104.23 in the last trading session, with the day’s gains setting it 4.07%.
Currently trading at $108.3, the stock is 12.54% and 21.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 3.90% at the moment leaves the stock 24.35% off its SMA200. NPK registered 10.04% gain for a year compared to 6-month loss of 11.21%. The firm has a 50-day simple moving average (SMA 50) of $89.3302 and a 200-day simple moving average (SMA200) of $87.0896.
The stock witnessed a 25.86% gain in the last 1 month and extending the period to 3 months gives it a 21.85%, and is 11.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.69% over the week and 3.15% over the month.
National Presto Industries, Inc (NPK) has around 1126 employees, a market worth around $774.05M and $415.21M in sales. Current P/E ratio is 18.14. Profit margin for the company is 10.24%. Distance from 52-week low is 55.65% and 3.77% from its 52-week high. The company has generated returns on investments over the last 12 months (11.25%).
237.0 institutions hold shares in National Presto Industries, Inc (NPK), with institutional investors hold 80.58% of the company’s shares. The shares outstanding are 7.10M, and float is at 5.41M with Short Float at 2.44%. Institutions hold 58.05% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 0.88 million shares valued at $66.19 million. The investor’s holdings represent 12.3597 of the NPK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 0.49 million shares valued at $37.07 million to account for 6.9217 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 0.34 million shares representing 4.8309 and valued at over $25.87 million, while STATE STREET CORP holds 4.0848 of the shares totaling 0.29 million with a market value of $21.88 million.
