NPK International (NYSE:NPKI) Upgraded by B. Riley to Strong-Buy Rating

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 issued a $12.00 price target on shares of NPK International in a report on Friday, February 28th.

NPK International Stock Down 2.8 %

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

NPK International (NYSE:NPKI) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.08 earnings per share (EPS) for the quarter, meeting 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 during the quarter, compared to analysts’ expectations of $59.67 million. As a group, research analysts forecast that NPK International will post 0.39 earnings per share for the current fiscal year.

Insider Activity at NPK International

In other news, Director John C. Minge acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average cost of $5.38 per share, for a total transaction of $53,800.00. Following the completion of the acquisition, the director now directly owns 230,287 shares of the company’s stock, valued at $1,238,944.06. The trade was a 4.54 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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.