Analyst Ratings for National Instruments Corp. (NATI)

Updated: 2017-07-26

An average rating of Overweight has been given to National Instruments Corp. (NASDAQ:NATI) by analysts covering the stock. A consensus rating of Overweight was previously issued for NATI last month.

4 analysts issued ratings on the stock, where 1 gave NATI a buy rating, 1 gave an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for NATI by the analysts covering the stock. The most optimistic analyst gave a price target of 45, implying a possible profit of 4.68 percent. The lowest price target was 34, implying a possible loss of -20.91 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -15.51 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -4.69 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of NATI to grow at a rate of 21.07 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. NATI has a PEG ratio of 2.76.

NATI has a 52-week high of 43.74 and a 52-week low of 26.74. The current market price is above the trailing year's low by 60.77 percent, and below the high by 1.71 percent. NATI has a price/earnings ratio of 58.09. Investors typically compare the P/E ratio to a company's peers in the industry. The NATI value stock report compares NATI to some of its peers using value stock charts. The stock has a market capitalization of $5.64 billion. NATI will post this quarters earnings in days, on 0000-00-00.