E Daily Stock Analysis: National Instruments

National Instruments Corp has the ticker symbol NATI and is a member of the Technology sector as a software application company. This is my second report on National Instruments Corp for my Vista Portfolio. I last discussed National Instruments Corp on October 20, 2020.

National Instruments Corp designs, manufactures, and sells software and hardware platforms to engineers and scientists. 

Its suite of application software products includes NI TestStand, targeted for measurement applications in a manufacturing environment; NI VeriStand, targeted for configuring real-time testing applications; and NI DIAdem, which offers tools to interactively mine and analyze data. 

The company derives revenue primarily from the sale of hardware, software licenses, and related services. A majority of the firm's revenue is generated in the United States, but it has a presence in countries around the world.

It serves the semiconductor, transportation, aerospace, and defense industries; and government agencies. National Instruments Corporation has a strategic agreement with Konrad Technologies, Inc. to develop test systems and solutions for autonomous driving software and hardware validation.

The company was founded in 1976 and is headquartered in Austin, Texas.

Three key data points gauge dividend equities or funds like National Instruments Corp:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

NATI Price

National Instruments Corp's price per share closed at $42.61 yesterday. One year ago its price was $33.08. Price per share has increased almost 29% from the midst of the Covid market slump. 

Should National Instrument's stock trade in the range of $30 to $50 this year, it is recent $42.61 price might rise by $2.39 to reach $45.00 by March 31, 2022. My estimate is $1.60 above that of five analysts tracking NATI.

NATI Dividends

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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William K. 2 weeks ago Member's comment

I am one of those who has considered NI products on several occasions. My conclusion was that it is definitely a highly profitable organization. Your analysis backs my opinion very well.