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.

Investment analysts gave a few price targets for NATI. The most optimistic price target was 45, which equates to a potential upside of 4.68 percent. The minimum price target given was 34, which equates to a potential downside of -20.91 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -15.51 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.69 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of NATI to grow at a rate of 21.07 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. NATI has a PEG ratio of 2.76.

In the trailing 52-weeks, NATI hit 43.74 at the highest peak, while it's lowest trading point was 26.74. The current market price is above the trailing year's low by 60.77 percent, and 1.71 percent below the high. NATI has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.