National Presto Industries Inc. (NYSE: NPK) has reported E.P.S. of $0.85 for its second fiscal quarter (ending June 30) versus $0.77 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $4.62 versus $3.59 for the same period a year ago.
Recent Price Action
On 8/1/24, National Presto Industries Inc. (NYSE: NPK) stock declined modestly by -1.3%, closing at $75.46. However, exceptionally low trading volume at 46% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -2.1% during the last week.
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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. National Presto Industries has a neutral Power Rating of 44 and a slightly negative Appreciation Score of 36, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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