National Presto Industries Inc. (NYSE: NPK) suffers from extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
National Presto Industries Inc. (NYSE: NPK) has recently experienced significant negative changes in fundamentals: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
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 (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. National Presto Industries has a slightly negative Appreciation Score of 34 but a slightly positive Power Rating of 65, resulting in the Neutral Value Trend Rating.
Recent Price Action
National Presto Industries Inc. (NYSE: NPK) stock closed at $73.76 on 5/29/24 after a modest decline of -1.1%. Trading volume in this decline was normal. The stock has declined -7.9% during the last week and has performed in line with the market over the last nine months.
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