NPK International (NYSE:NPKI) Research Coverage Started at B. Riley

B. Riley began coverage on shares of NPK International (NYSE:NPKI) in a research note published on Thursday morning. The brokerage issued a buy rating and a $11.00 target price on the stock. B. Riley also issued estimates for NPK International’s Q1 2025 earnings at $0.09 EPS, Q2 2025 earnings at $0.09 EPS, Q3 2025 earnings at $0.07 EPS and Q4 2025 earnings at $0.10 EPS.

Separately, HC Wainwright reissued a “buy” rating and set a $12.00 price target on shares of NPK International in a report on Friday, February 28th.

NPK International Price Performance

NPK International stock opened at $5.86 on Thursday. The company has a quick ratio of 2.00, a current ratio of 2.29 and a debt-to-equity ratio of 0.02. NPK International has a 12-month low of $5.33 and a 12-month high of $8.65. The company has a market capitalization of $507.21 million, a P/E ratio of -3.20 and a beta of 2.86.

NPK International (NYSE:NPKI) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.08 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.08. NPK International had a negative net margin of 28.47% and a positive return on equity of 5.93%. The firm had revenue of $57.52 million during the quarter, compared to analysts’ expectations of $59.67 million. Sell-side analysts predict that NPK International will post 0.39 earnings per share for the current year.

Insider Activity

In other news, Director John C. Minge acquired 10,000 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was purchased at an average price of $5.38 per share, for a total transaction of $53,800.00. Following the completion of the transaction, the director now directly owns 230,287 shares in the company, valued at approximately $1,238,944.06. This trade represents a 4.54 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 4.80% of the company’s stock.

About NPK International

NPK International Inc provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America.