NPK International (NYSE:NPKI) Upgraded at B. Riley

B. Riley upgraded shares of NPK International (NYSE:NPKI) to a strong-buy rating in a report released on Wednesday morning,Zacks.com reports. 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 restated a “buy” rating and set a $12.00 target price on shares of NPK International in a research report on Friday, February 28th.

NPK International Stock Performance

Shares of NPK International stock opened at $5.86 on Wednesday. The stock has a market capitalization of $507.21 million, a PE ratio of -3.20 and a beta of 2.86. The company has a current ratio of 2.29, a quick ratio of 2.00 and a debt-to-equity ratio of 0.02. NPK International has a 52 week low of $5.33 and a 52 week high of $8.65.

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

Insider Buying and Selling

In other NPK International news, Director John C. Minge acquired 10,000 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was acquired at an average cost of $5.38 per share, with a total value of $53,800.00. Following the purchase, the director now directly owns 230,287 shares of the company’s stock, valued at approximately $1,238,944.06. This represents a 4.54 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 4.80% of the stock is owned by company insiders.

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.