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

59.98USD Market Closed

Market Summary

USD59.98

Market Closed

NATI Stock Price

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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

Year	Q1	Q2	Q3	Q4
2023	1.7B	1.7B	0	0
2022	1.5B	1.6B	1.6B	1.7B
2021	1.3B	1.4B	1.4B	1.5B
2020	1.4B	1.3B	1.3B	1.3B
2019	1.4B	1.4B	1.3B	1.4B
2018	1.3B	1.3B	1.3B	1.4B
2017	1.2B	1.3B	1.3B	1.3B
2016	1.2B	1.2B	1.2B	1.2B
2015	1.2B	1.2B	1.2B	1.2B
2014	1.2B	1.2B	1.2B	1.2B
2013	1.2B	1.2B	1.2B	1.2B
2012	1.0B	1.1B	1.1B	1.1B
2011	920.0M	961.5M	996.1M	1.0B
2010	709.9M	769.4M	824.9M	873.2M
2009	0	772.6M	724.6M	676.6M
2008	0	0	0	820.5M

Get all data in R, Python etc through our Historical Stock Data APIs

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>

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

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Tracking the Latest Insider Buys and Sells of National Instruments Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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	-

Which funds bought or sold NATI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	MetLife Investment Management, LLC	sold off	-100	-4,746,650	-	-%
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	HARBOUR INVESTMENTS, INC.	sold off	-100	-29,929	-	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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

National Instruments Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	-4.6%	417	437	448	428	396	385	421	367	347	335	368	308	301	309	367	340	334	311	360	346	341
Gross Profit	-1.9%	298	304	304	284	268	266	297	264	247	240	259	216	215	226	276	255	250	235	272	257	259
Operating Expenses	4.1%	257	247	244	237	247	235	247	230	223	230	245	218	199	214	223	216	218	212	210	211	222
S&GA Expenses	4.9%	123	117	118	120	125	120	122	117	111	117	135	110	105	116	121	114	121	118	117	118	127
R&D Expenses	-3.3%	84.00	87.00	81.00	83.00	86.00	82.00	92.00	82.00	81.00	80.00	74.00	71.00	64.00	72.00	71.00	67.00	68.00	66.00	66.00	66.00	67.00
EBITDA Margin	3.5%	0.18*	0.17*	0.16*	0.16*	0.14*	0.15*	0.14*	0.12*	0.10*	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	-72.5%	2.00	7.00	9.00	13.00	5.00	5.00	5.00	5.00	4.00	-0.02	11.00	0.00	4.00	40.00	-4.30	16.00	4.00	3.00	7.00	5.00	4.00
Earnings Before Taxes	-39.9%	32.00	54.00	49.00	75.00	17.00	31.00	45.00	32.00	22.00	4.00	15.00	-4.15	15.00	172	54.00	67.00	33.00	26.00	63.00	48.00	35.00
EBT Margin	6.4%	0.12*	0.11*	0.10*	0.10*	0.08*	0.09*	0.07*	0.05*	0.03*	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-35.0%	30.00	47.00	40.00	62.00	12.00	25.00	40.00	27.00	17.00	4.00	5.00	-4.62	11.00	133	59.00	52.00	29.00	23.00	57.00	43.00	31.00
Net Income Margin	9.8%	0.10*	0.09*	0.08*	0.09*	0.07*	0.07*	0.06*	0.04*	0.02*	-	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-149.0%	-37.89	77.00	43.00	21.00	-55.38	-14.03	43.00	25.00	14.00	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Assets	-0.9%	2,363	2,384	2,359	2,246	2,168	2,071	2,115	1,838	1,832	1,826	1,884	1,844	1,850	1,763	1,652	1,628	1,639	1,671	1,671	1,630	1,594
Current Assets	-1.6%	1,055	1,072	1,089	1,047	933	873	932	836	814	813	850	787	1,096	1,070	947	930	935	966	1,022	977	928
Cash Equivalents	1.1%	139	138	140	149	111	143	211	231	250	267	260	197	541	254	195	223	192	229	259	311	218
Inventory	0.1%	402	401	388	374	344	308	289	237	211	197	194	210	210	208	200	207	207	205	194	192	193
Net PPE	2.2%	284	278	265	254	258	254	254	249	251	252	254	253	248	245	244	239	234	228	245	246	250
Goodwill	3314.2%	638	19.00	616	593	604	592	576	480	17.00	463	468	487	203	253	262	259	264	262	265	263	-
Liabilities	-3.7%	1,145	1,190	1,202	1,122	999	864	891	612	596	604	660	605	580	483	476	466	465	470	433	433	428
Current Liabilities	-18.4%	424	520	523	428	374	390	445	353	331	339	382	331	335	314	306	293	285	288	283	276	268
Long Term Debt	15.1%	564	491	517	543	475	325	300	100	100	91.00	92.00	84.00	85.00	-	-	-	-	-	-	-	-
LT Debt, Current	0%	25.00	25.00	25.00	25.00	-	-	-	-	-	5.00	5.00	4.00	4.00	-	-	-	-	-	-	-	-
LT Debt, Non Current	-	-	-	-	543	-	-	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	1.9%	1,218	1,194	1,156	1,123	1,169	1,207	1,224	1,226	1,236	1,222	1,225	1,239	1,270	1,280	1,176	1,162	1,175	1,201	1,238	1,197	1,166
Retained Earnings	-144.1%	-11.29	-4.63	-14.74	-18.14	22.00	76.00	113	132	161	180	211	248	299	336	243	245	264	307	356	329	317
Additional Paid-In Capital	1.6%	1,252	1,232	1,207	1,183	1,173	1,152	1,130	1,110	1,088	1,059	1,033	1,013	993	973	954	939	925	911	898	881	864
Shares Outstanding	1.0%	133	131	131	131	132	132	132	133	132	131	131	131	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	2,556	-	-	-	3,310	-	-	-	3,001	-	-	-	3,060	-	-	-	2,970

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Cashflow From Operations	-124.1%	-23.83	99.00	52.00	36.00	-41.05	-3.85	57.00	34.00	22.00	30.00	72.00	7.00	58.00	44.00	75.00	61.00	46.00	42.00	87.00	88.00	59.00
Share Based Compensation	-4.7%	15.00	16.00	18.00	20.00	21.00	20.00	19.00	19.00	20.00	17.00	16.00	15.00	15.00	12.00	13.00	13.00	14.00	11.00	10.00	10.00	10.00
Cashflow From Investing	68.7%	-15.07	-48.17	-8.91	25.00	-70.82	-29.15	-218	1.00	-12.71	6.00	16.00	-309	182	50.00	-44.25	42.00	-13.44	-2.05	-114	29.00	-63.90
Cashflow From Financing	177.5%	42.00	-54.11	-56.55	-18.72	83.00	-34.19	141	-52.77	-26.71	-28.22	-27.43	-42.96	45.00	-31.53	-60.39	-69.63	-70.50	-70.30	-24.23	-22.66	-22.38
Dividend Payments	0.9%	37.00	37.00	37.00	37.00	37.00	37.00	36.00	36.00	36.00	36.00	34.00	34.00	34.00	34.00	33.00	33.00	33.00	33.00	31.00	30.00	30.00
Buy Backs	-	-	-	-500*	82.00	39.00	31.00	30.00	25.00	-	-	9.00	16.00	17.00	7.00	34.00	45.00	46.00	46.00	-	-	-

NATI Income Statement

2023-06-30

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 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 sales	118,487	127,474	251,193	246,702
Gross profit	298,317	268,041	602,436	534,068
Operating expenses:
Sales and marketing	123,101	124,908	240,443	245,064
Research and development	83,801	85,589	170,438	167,750
General and administrative	50,504	36,772	93,719	69,949
Total operating expenses	257,406	247,269	504,600	482,763
Operating income	40,911	20,772	97,836	51,305
Other expense	(8,500)	(3,505)	(11,519)	(3,473)
Income before income taxes	32,411	17,267	86,317	47,832
Provision for income taxes	1,919	4,833	8,896	10,162
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)	132,369	131,973	131,850	132,039
Diluted earnings per share (in usd per share)	$ 0.23	$ 0.09	$ 0.58	$ 0.28
Weighted average shares outstanding - diluted (in shares)	134,171	132,708	133,693	132,948
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 sales	113,625	123,307	241,181	238,332
Software maintenance
Net sales:
Total net sales	37,368	40,710	73,794	82,281
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, net	389,926	445,279
Inventories, net	401,626	388,164
Prepaid expenses and other current assets	123,949	115,677
Total current assets	1,054,744	1,088,919
Property and equipment, net	283,907	265,380
Goodwill	638,459	615,734
Intangible assets, net	192,904	200,850
Operating lease right-of-use assets	68,062	59,176
Other long-term assets	124,918	128,479
Total assets	2,362,994	2,358,538
Liabilities and stockholders' equity
Accounts payable	60,514	54,639
Accrued compensation	49,575	71,422
Deferred revenue - current	158,247	137,208
Operating lease liabilities - current	16,608	13,834
Other taxes payable	55,622	67,615
Debt, current	25,000	25,000
Accrued expenses and other current liabilities	58,833	153,157
Total current liabilities	424,399	522,875
Deferred income taxes	5,983	1,676
Income tax payable - non-current	22,581	40,646
Deferred revenue - non-current	60,094	63,066
Operating lease liabilities - non-current	36,486	30,588
Debt, non-current	564,373	516,637
Other long-term liabilities	31,558	26,926
Total liabilities	1,145,474	1,202,414
Commitments and contingencies
Stockholders' equity:
Preferred stock: par value $0.01; 5,000,000 shares authorized; none issued and outstanding	0	0
Common stock: par value $0.01; 360,000,000 shares authorized; 132,797,497 shares and 131,004,965 shares issued and outstanding, respectively	1,328	1,310
Additional paid-in capital	1,251,971	1,207,420
Retained deficit	(11,295)	(14,741)
Accumulated other comprehensive loss	(24,484)	(37,865)
Total stockholders’ equity	1,217,520	1,156,124
Total liabilities and stockholders’ equity	$ 2,362,994	$ 2,358,538

About National Instruments Corp

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	Mr. Eric Howard Starkloff
WEBSITE	ni.com
INDUSTRY	Software - Apps
EMPLOYEES	7000

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.