National Presto Industries Inc. (NYSE: NPK) suffers from significant negative changes in fundamentals: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and significant quarterly sales deceleration occurred.
National Presto Industries Inc. (NYSE: NPK) suffers from meaningful negative changes in investment behavior: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, NPK is expected to continue to be a Value Builder.
National Presto Industries has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. National Presto Industries has a neutral Power Rating of 50 and a slightly negative Appreciation Score of 36, with the Low Neutral Value Trend Rating the result.
Recent Price Action
National Presto Industries Inc. (NYSE: NPK) stock closed at $74.31 on 7/12/24 after a modest gain of 0.7%. However, this advance was accompanied by unusually low trading volume at 50% of normal. The stock has risen 4.2% during the last week but has been weak relative to the market over the last nine months.
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