National Instruments Corporation – Consensus ‘hold’ rating and 1.1% Upside Potential

Broker Ratings
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National Instruments Corporation with ticker code (NATI) now have 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between 60 and 60 calculating the mean target price we have $60.00. Given that the stocks previous close was at $59.35 this would imply there is now a potential upside of 1.1%. There is a 50 day moving average of $57.61 while the 200 day moving average is $50.58. The company has a market capitalization of 7.88B. The current share price for the company is: 59.34 USD

The potential market cap would be $7,963,837,789 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 49.04, revenue per share of 13.14 and a 8.01% return on assets.

National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers modular hardware and open, flexible software systems, to support organizations evolving test and measurement needs. The Company offers products, technology and services, which include system design software, programming tools, application software, systems and data management, modular hardware. NI provides a range of software tools for programming automated test and automated measurement applications, including NI LabVIEW, NI LabWindows/CVI, NI Measurement Studio, NI TestStand, NI VeriStand, Flexlogger, NI InsightCM Enterprise, NI DIAdem, NI SystemLink and NI Optimal Plus. The Company also offers software maintenance services, hardware services and maintenance and training certification. The Company serves software connected systems in the semiconductor and electronics, transportation and aerospace, defense, and government (ADG) industries.

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