StocksFundsScreenerSectorsWatchlists
NATI

NATI - National Instruments Corp Stock Price, Fair Value and News

59.98USD Market Closed

Market Summary

NATI
USD59.98
Market Closed

NATI Stock Price

View Fullscreen

NATI RSI Chart

NATI Valuation

Market Cap

8.0B

Price/Earnings (Trailing)

44.4

Price/Sales (Trailing)

4.6

EV/EBITDA

27.03

Price/Free Cashflow

76.9

NATI Price/Sales (Trailing)

NATI Profitability

Operating Margin

81.14%

EBT Margin

12.16%

Return on Equity

14.73%

Return on Assets

7.59%

Free Cashflow Yield

1.3%

NATI Fundamentals

NATI Revenue

Revenue (TTM)

1.7B

Rev. Growth (Yr)

5.38%

Rev. Growth (Qtr)

-4.58%

NATI Earnings

Earnings (TTM)

179.4M

Earnings Growth (Yr)

145.23%

Earnings Growth (Qtr)

-35.03%

Breaking Down NATI Revenue

Last 7 days

0.0%

Last 30 days

-0.2%

Last 90 days

4.8%

Trailing 12 Months

59.3%

How does NATI drawdown profile look like?

NATI Financial Health

Current Ratio

2.49

Debt/Equity

0.46

Debt/Cashflow

0.29

NATI Investor Care

Dividend Yield

1.87%

Dividend/Share (TTM)

1.12

Shares Dilution (1Y)

0.36%

Diluted EPS (TTM)

1.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.7B1.7B00
20221.5B1.6B1.6B1.7B
20211.3B1.4B1.4B1.5B
20201.4B1.3B1.3B1.3B
20191.4B1.4B1.3B1.4B
20181.3B1.3B1.3B1.4B
20171.2B1.3B1.3B1.3B
20161.2B1.2B1.2B1.2B
20151.2B1.2B1.2B1.2B
20141.2B1.2B1.2B1.2B
20131.2B1.2B1.2B1.2B
20121.0B1.1B1.1B1.1B
2011920.0M961.5M996.1M1.0B
2010709.9M769.4M824.9M873.2M
20090772.6M724.6M676.6M
2008000820.5M
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of National Instruments Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Aug 01, 2023
benjamin thomas
sold (taxes)
-296,475
59.00
-5,025
executive vice president
May 25, 2023
favre ritu
sold
-201,604
57.7
-3,494
executive vice president
May 17, 2023
rust scott arthur
sold
-1,728,870
57.975
-29,821
executive vice president
May 15, 2023
davern alexander m
sold
-292,423
58.055
-5,037
-
May 01, 2023
favre ritu
sold (taxes)
-457,222
58.23
-7,852
executive vice president
May 01, 2023
starkloff eric howard
sold (taxes)
-1,185,450
58.23
-20,358
president & ceo
May 01, 2023
benjamin thomas
sold (taxes)
-125,486
58.23
-2,155
executive vice president
May 01, 2023
rust scott arthur
sold (taxes)
-207,415
58.23
-3,562
executive vice president
May 01, 2023
berenbaum daniel
acquired
6,885
45.9
150
chief financial officer, evp
May 01, 2023
fettweis gerhard paul
sold (taxes)
-29,289
58.23
-503
-

1–10 of 50

Which funds bought or sold NATI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 29, 2024
Kapitalo Investimentos Ltda
sold off
-100
-168,188
-
-%
Mar 22, 2024
PNC Financial Services Group, Inc.
sold off
-100
-221,369
-
-%
Mar 21, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
sold off
-100
-21,649,500
-
-%
Mar 11, 2024
VANGUARD GROUP INC
sold off
-100
-825,625,000
-
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
sold off
-100
-40,500,800
-
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
sold off
-100
-11,100,100
-
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
sold off
-100
-2,629,000
-
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
sold off
-100
-10,965,000
-
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
sold off
-100
-6,267,000
-
-%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
sold off
-100
-29,929
-
-%

1–10 of 47

Are Funds Buying or Selling NATI?

Are funds buying NATI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NATI
No. of Funds

Unveiling National Instruments Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
t. rowe price investment management, inc.
6.2%
8,097,540
SC 13G
Feb 10, 2023
janus henderson group plc
6.8%
8,885,010
SC 13G/A
Feb 09, 2023
vanguard group inc
10.12%
13,210,667
SC 13G/A
Jan 24, 2023
blackrock inc.
9.2%
12,045,874
SC 13G/A
Nov 10, 2022
vanguard group inc
10.20%
13,314,044
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
14.3%
18,978,320
SC 13G/A
Feb 10, 2022
vanguard group inc
9.04%
11,918,198
SC 13G/A
Feb 10, 2022
janus henderson group plc
7.5%
9,871,803
SC 13G/A
Feb 01, 2022
blackrock inc.
8.5%
11,218,802
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
15.9%
20,869,442
SC 13G/A

National Instruments Corp News

Latest updates
Business Wire2 months ago

National Instruments Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-4.6%417437448428396385421367347335368308301309367340334311360346341
Gross Profit-1.9%298304304284268266297264247240259216215226276255250235272257259
Operating Expenses4.1%257247244237247235247230223230245218199214223216218212210211222
  S&GA Expenses4.9%123117118120125120122117111117135110105116121114121118117118127
  R&D Expenses-3.3%84.0087.0081.0083.0086.0082.0092.0082.0081.0080.0074.0071.0064.0072.0071.0067.0068.0066.0066.0066.0067.00
EBITDA Margin3.5%0.18*0.17*0.16*0.16*0.14*0.15*0.14*0.12*0.10*------------
Income Taxes-72.5%2.007.009.0013.005.005.005.005.004.00-0.0211.000.004.0040.00-4.3016.004.003.007.005.004.00
Earnings Before Taxes-39.9%32.0054.0049.0075.0017.0031.0045.0032.0022.004.0015.00-4.1515.0017254.0067.0033.0026.0063.0048.0035.00
EBT Margin6.4%0.12*0.11*0.10*0.10*0.08*0.09*0.07*0.05*0.03*------------
Net Income-35.0%30.0047.0040.0062.0012.0025.0040.0027.0017.004.005.00-4.6211.0013359.0052.0029.0023.0057.0043.0031.00
Net Income Margin9.8%0.10*0.09*0.08*0.09*0.07*0.07*0.06*0.04*0.02*------------
Free Cashflow-149.0%-37.8977.0043.0021.00-55.38-14.0343.0025.0014.00------------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.9%2,3632,3842,3592,2462,1682,0712,1151,8381,8321,8261,8841,8441,8501,7631,6521,6281,6391,6711,6711,6301,594
  Current Assets-1.6%1,0551,0721,0891,0479338739328368148138507871,0961,0709479309359661,022977928
    Cash Equivalents1.1%139138140149111143211231250267260197541254195223192229259311218
  Inventory0.1%402401388374344308289237211197194210210208200207207205194192193
  Net PPE2.2%284278265254258254254249251252254253248245244239234228245246250
  Goodwill3314.2%63819.0061659360459257648017.00463468487203253262259264262265263-
Liabilities-3.7%1,1451,1901,2021,122999864891612596604660605580483476466465470433433428
  Current Liabilities-18.4%424520523428374390445353331339382331335314306293285288283276268
  Long Term Debt15.1%56449151754347532530010010091.0092.0084.0085.00--------
    LT Debt, Current0%25.0025.0025.0025.00-----5.005.004.004.00--------
    LT Debt, Non Current----543--300--------------
Shareholder's Equity1.9%1,2181,1941,1561,1231,1691,2071,2241,2261,2361,2221,2251,2391,2701,2801,1761,1621,1751,2011,2381,1971,166
  Retained Earnings-144.1%-11.29-4.63-14.74-18.1422.0076.00113132161180211248299336243245264307356329317
  Additional Paid-In Capital1.6%1,2521,2321,2071,1831,1731,1521,1301,1101,0881,0591,0331,013993973954939925911898881864
Shares Outstanding1.0%133131131131132132132133132131131131---------
Float-----2,556---3,310---3,001---3,060---2,970
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-124.1%-23.8399.0052.0036.00-41.05-3.8557.0034.0022.0030.0072.007.0058.0044.0075.0061.0046.0042.0087.0088.0059.00
  Share Based Compensation-4.7%15.0016.0018.0020.0021.0020.0019.0019.0020.0017.0016.0015.0015.0012.0013.0013.0014.0011.0010.0010.0010.00
Cashflow From Investing68.7%-15.07-48.17-8.9125.00-70.82-29.15-2181.00-12.716.0016.00-30918250.00-44.2542.00-13.44-2.05-11429.00-63.90
Cashflow From Financing177.5%42.00-54.11-56.55-18.7283.00-34.19141-52.77-26.71-28.22-27.43-42.9645.00-31.53-60.39-69.63-70.50-70.30-24.23-22.66-22.38
  Dividend Payments0.9%37.0037.0037.0037.0037.0037.0036.0036.0036.0036.0034.0034.0034.0034.0033.0033.0033.0033.0031.0030.0030.00
  Buy Backs----500*82.0039.0031.0030.0025.00--9.0016.0017.007.0034.0045.0046.0046.00---

NATI Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales:    
Total net sales$ 416,804$ 395,515$ 853,629$ 780,770
Cost of sales:    
Total cost of sales118,487127,474251,193246,702
Gross profit298,317268,041602,436534,068
Operating expenses:    
Sales and marketing123,101124,908240,443245,064
Research and development83,80185,589170,438167,750
General and administrative50,50436,77293,71969,949
Total operating expenses257,406247,269504,600482,763
Operating income40,91120,77297,83651,305
Other expense(8,500)(3,505)(11,519)(3,473)
Income before income taxes32,41117,26786,31747,832
Provision for income taxes1,9194,8338,89610,162
Net income$ 30,492$ 12,434$ 77,421$ 37,670
Basic earnings per share (in usd per share)$ 0.23$ 0.09$ 0.59$ 0.29
Weighted average shares outstanding - basic (in shares)132,369131,973131,850132,039
Diluted earnings per share (in usd per share)$ 0.23$ 0.09$ 0.58$ 0.28
Weighted average shares outstanding - diluted (in shares)134,171132,708133,693132,948
Dividends declared per share (in usd per share)$ 0.28$ 0.28$ 0.56$ 0.56
Product    
Net sales:    
Total net sales$ 379,436$ 354,805$ 779,835$ 698,489
Cost of sales:    
Total cost of sales113,625123,307241,181238,332
Software maintenance    
Net sales:    
Total net sales37,36840,71073,79482,281
Cost of sales:    
Total cost of sales$ 4,862$ 4,167$ 10,012$ 8,370

NATI Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 139,243$ 139,799
Accounts receivable, net389,926445,279
Inventories, net401,626388,164
Prepaid expenses and other current assets123,949115,677
Total current assets1,054,7441,088,919
Property and equipment, net283,907265,380
Goodwill638,459615,734
Intangible assets, net192,904200,850
Operating lease right-of-use assets68,06259,176
Other long-term assets124,918128,479
Total assets2,362,9942,358,538
Liabilities and stockholders' equity  
Accounts payable60,51454,639
Accrued compensation49,57571,422
Deferred revenue - current158,247137,208
Operating lease liabilities - current16,60813,834
Other taxes payable55,62267,615
Debt, current25,00025,000
Accrued expenses and other current liabilities58,833153,157
Total current liabilities424,399522,875
Deferred income taxes5,9831,676
Income tax payable - non-current22,58140,646
Deferred revenue - non-current60,09463,066
Operating lease liabilities - non-current36,48630,588
Debt, non-current564,373516,637
Other long-term liabilities31,55826,926
Total liabilities1,145,4741,202,414
Commitments and contingencies
Stockholders' equity:  
Preferred stock:  par value $0.01;  5,000,000 shares authorized; none issued and outstanding 00
Common stock:  par value $0.01;  360,000,000 shares authorized; 132,797,497 shares and 131,004,965 shares issued and outstanding, respectively 1,3281,310
Additional paid-in capital1,251,9711,207,420
Retained deficit(11,295)(14,741)
Accumulated other comprehensive loss(24,484)(37,865)
Total stockholders’ equity1,217,5201,156,124
Total liabilities and stockholders’ equity$ 2,362,994$ 2,358,538
NATI
National Instruments Corporation provides a software-centric platform to engineers and scientists worldwide. Its programming environments software includes NI LabVIEW, a graphical software platform to visualize hardware configuration, measurement data, and debugging; NI LabWindows/CVI, an ANSI C integrated development environment and engineering toolbox; and NI Measurement Studio, a suite of .NET tools for building engineering applications in Microsoft Visual Studio. The company's application software comprises NI TestStand that is used for automated test and measurement applications in manufacturing environment; NI VeriStand, a software environment for configuring real-time testing applications; Flexlogger for sensor configuration and data logging of mixed signals. Its operations management and analytic enterprise software include NI DIAdem, which is configuration-based technical data management, analysis, and report generation tools to mine and analyze engineering and measurement data; NI SystemLink, a systems management and data collection software that enables the mass coordination of connected devices, software deployments, and data communications throughout a distributed system; and NI Optimal Plus. The company also offers PXI and NI C-series hardware; NI PXI modular instrument platform; and NI semiconductor test systems, as well as software and hardware maintenance, and training and certification services. It serves semiconductor and electronics, transportation, aerospace, and defense industries; and government agencies. The company sells its products through direct sales, independent distributors, original equipment manufacturers, resellers, and system integrators and consultants. National Instruments Corporation was incorporated in 1976 and is headquartered in Austin, Texas.
 CEO
 WEBSITEni.com
 INDUSTRYSoftware - Apps
 EMPLOYEES7000

National Instruments Corp Frequently Asked Questions


What is the ticker symbol for National Instruments Corp? What does NATI stand for in stocks?

NATI is the stock ticker symbol of National Instruments Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of National Instruments Corp (NATI)?

As of Wed Oct 11 2023, market cap of National Instruments Corp is 7.97 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NATI stock?

You can check NATI's fair value in chart for subscribers.

What is the fair value of NATI stock?

You can check NATI's fair value in chart for subscribers. The fair value of National Instruments Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of National Instruments Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NATI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is National Instruments Corp a good stock to buy?

The fair value guage provides a quick view whether NATI is over valued or under valued. Whether National Instruments Corp is cheap or expensive depends on the assumptions which impact National Instruments Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NATI.

What is National Instruments Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Oct 11 2023, NATI's PE ratio (Price to Earnings) is 44.4 and Price to Sales (PS) ratio is 4.6. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NATI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on National Instruments Corp's stock?

In the past 10 years, National Instruments Corp has provided 0.092 (multiply by 100 for percentage) rate of return.