Is National Presto Stock a Good Investment?
National Presto Investment Advice | NPK |
- Examine National Presto's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research National Presto's leadership team and their track record. Good management can help National Presto navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Aerospace & Defense space and any emerging trends that could impact National Presto's business and its evolving consumer preferences.
- Compare National Presto's performance and market position to its competitors. Analyze how National Presto is positioned in terms of product offerings, innovation, and market share.
- Check if National Presto pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about National Presto's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in National Presto Industries stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if National Presto Industries is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine National Presto Stock
Researching National Presto's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 28.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.59. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. National Presto Indu last dividend was issued on the 29th of February 2024. The entity had 3:2 split on the 1st of July 1983.
To determine if National Presto is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding National Presto's research are outlined below:
| National Presto Indu has a strong financial position based on the latest SEC filings | |
| About 61.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Is National Presto Industries, Inc. Popular Amongst Insiders - Yahoo Lifestyle UK |
National Presto Quarterly Cash And Short Term Investments |
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National Presto uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in National Presto Industries. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to National Presto's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 16th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact National Presto's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises National Presto's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1994-04-29 | 1994-03-31 | 0.4 | 0.31 | -0.09 | 22 | ||
1994-10-28 | 1994-09-30 | 0.77 | 0.66 | -0.11 | 14 | ||
1994-07-29 | 1994-06-30 | 0.43 | 0.3 | -0.13 | 30 | ||
1993-07-30 | 1993-06-30 | 0.55 | 0.36 | -0.19 | 34 | ||
2010-08-02 | 2010-06-30 | 1.84 | 2.06 | 0.22 | 11 | ||
1993-04-30 | 1993-03-31 | 0.65 | 0.43 | -0.22 | 33 | ||
2010-04-30 | 2010-03-31 | 1.61 | 1.92 | 0.31 | 19 | ||
1994-02-25 | 1993-12-31 | 1.49 | 1.16 | -0.33 | 22 |
Know National Presto's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as National Presto is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading National Presto Industries backward and forwards among themselves. National Presto's institutional investor refers to the entity that pools money to purchase National Presto's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2023-12-31 | 90.2 K | Charles Schwab Investment Management Inc | 2023-12-31 | 87.2 K | Amvescap Plc. | 2023-12-31 | 68.8 K | Aqr Capital Management Llc | 2023-12-31 | 61.2 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 56.4 K | Northern Trust Corp | 2023-12-31 | 54.3 K | Wallace Capital Management, Inc. | 2023-12-31 | 36.3 K | Ameriprise Financial Inc | 2023-12-31 | 31.4 K | Jpmorgan Chase & Co | 2023-12-31 | 27.4 K | Blackrock Inc | 2023-12-31 | 929 K | Vanguard Group Inc | 2023-12-31 | 603.1 K |
National Presto's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 570.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate National Presto's market, we take the total number of its shares issued and multiply it by National Presto's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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National Presto's profitablity analysis
National Presto's profitability indicators refer to fundamental financial ratios that showcase National Presto's ability to generate income relative to its revenue or operating costs. If, let's say, National Presto is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, National Presto's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of National Presto's profitability requires more research than a typical breakdown of National Presto's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.07 | |
| Return On Capital Employed | 0.09 | 0.1 | |
| Return On Assets | 0.08 | 0.07 | |
| Return On Equity | 0.1 | 0.08 |
Determining National Presto's profitability involves analyzing its financial statements and using various financial metrics to determine if National Presto is a good buy. For example, gross profit margin measures National Presto's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of National Presto's profitability and make more informed investment decisions.
The data published in National Presto's official financial statements usually reflect National Presto's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of National Presto Indu. For example, before you start analyzing numbers published by National accountants, it's critical to develop an understanding of what National Presto's liquidity, profitability, and earnings quality are in the context of the Aerospace & Defense space in which it operates.
Please note, the presentation of National Presto's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, National Presto's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in National Presto's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of National Presto Industries. Please utilize our Beneish M Score to check the likelihood of National Presto's management manipulating its earnings.
Evaluate National Presto's management efficiency
National Presto Indu has Return on Asset of 0.049 % which means that on every $100 spent on assets, it made $0.049 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0976 %, implying that it generated $0.0976 on every 100 dollars invested. National Presto's management efficiency ratios could be used to measure how well National Presto manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.1 this year, although the value of Return On Tangible Assets will most likely fall to 0.07. Non Current Liabilities Other is expected to rise to about 1.1 M this year, although the value of Total Current Liabilities will most likely fall to about 52.7 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 50.13 | 31.50 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 46.66 | 30.58 | |
| Enterprise Value Over EBITDA | 12.02 | 22.77 | |
| Price Book Value Ratio | 1.60 | 1.18 | |
| Enterprise Value Multiple | 12.02 | 22.77 | |
| Price Fair Value | 1.60 | 1.18 | |
| Enterprise Value | 382.3 M | 197.6 M |
The analysis of National Presto's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze National Presto's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of National Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0124 | Forward Dividend Yield 0.0124 | Forward Dividend Rate 1 | Beta 0.639 |
Basic technical analysis of National Stock
As of the 19th of May, National Presto secures the Mean Deviation of 0.9905, risk adjusted performance of 0.0529, and Downside Deviation of 1.35. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of National Presto Indu, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for National Presto, which can be compared to its peers in the industry. Please verify National Presto Indu information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if National Presto Industries is priced some-what accurately, providing market reflects its recent price of 80.38 per share. Given that National Presto Indu has jensen alpha of 0.0477, we recommend you to check National Presto's last-minute market performance to make sure the company can sustain itself at a future point.National Presto's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific National Presto insiders, such as employees or executives, is commonly permitted as long as it does not rely on National Presto's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases National Presto insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Jeffery Morgan over two months ago Disposition of tradable shares by Jeffery Morgan of National Presto at 76.06 subject to Rule 16b-3 | ||
Randy Lieble over three months ago Acquisition by Randy Lieble of 130 shares of National Presto subject to Rule 16b-3 | ||
Mackenzie John Roderick Jr over a year ago National Presto exotic insider transaction detected |
Understand National Presto's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing National Presto's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0529 | |||
| Market Risk Adjusted Performance | 0.1895 | |||
| Mean Deviation | 0.9905 | |||
| Semi Deviation | 1.22 | |||
| Downside Deviation | 1.35 | |||
| Coefficient Of Variation | 1234.9 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.68 | |||
| Information Ratio | 0.0043 | |||
| Jensen Alpha | 0.0477 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0042 | |||
| Treynor Ratio | 0.1795 | |||
| Maximum Drawdown | 6.01 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 2.37 | |||
| Downside Variance | 1.82 | |||
| Semi Variance | 1.5 | |||
| Expected Short fall | (1.04) | |||
| Skewness | (0.30) | |||
| Kurtosis | 0.1516 |
| Risk Adjusted Performance | 0.0529 | |||
| Market Risk Adjusted Performance | 0.1895 | |||
| Mean Deviation | 0.9905 | |||
| Semi Deviation | 1.22 | |||
| Downside Deviation | 1.35 | |||
| Coefficient Of Variation | 1234.9 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.68 | |||
| Information Ratio | 0.0043 | |||
| Jensen Alpha | 0.0477 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0042 | |||
| Treynor Ratio | 0.1795 | |||
| Maximum Drawdown | 6.01 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 2.37 | |||
| Downside Variance | 1.82 | |||
| Semi Variance | 1.5 | |||
| Expected Short fall | (1.04) | |||
| Skewness | (0.30) | |||
| Kurtosis | 0.1516 |
Consider National Presto's intraday indicators
National Presto intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of National Presto stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
National Presto Corporate Filings
8K | 15th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 10th of May 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 16th of April 2024 Other Reports | ViewVerify | |
F4 | 18th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
National Stock media impact
Far too much social signal, news, headlines, and media speculation about National Presto that are available to investors today. That information is available publicly through National media outlets and privately through word of mouth or via National internal channels. However, regardless of the origin, that massive amount of National data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of National Presto news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of National Presto relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to National Presto's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive National Presto alpha.
National Presto Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards National Presto can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Be your own money manager
Our tools can tell you how much better you can do entering a position in National Presto without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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National Presto Corporate Directors
National Presto corporate directors refer to members of a National Presto board of directors. The board of directors generally takes responsibility for the National Presto's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of National Presto's board members must vote for the resolution. The National Presto board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Joseph Stienessen | Independent Director | Profile | |
| Patrick Quinn | Independent Director | Profile | |
| Randy Lieble | CFO, VP, Treasurer and Director | Profile | |
| Richard Cardozo | Independent Director | Profile |
How to buy National Stock?
To provide specific investment advice or recommendations on National Presto Industries stock, we recommend investors consider the following general factors when evaluating National Presto Industries. This will help you to make an informed decision on whether to include National Presto in one of your diversified portfolios:- Examine National Presto's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research National Presto's leadership team and their track record. Good management can help National Presto navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Aerospace & Defense space and any emerging trends that could impact National Presto's business and its evolving consumer preferences.
- Compare National Presto's performance and market position to its competitors. Analyze how National Presto is positioned in terms of product offerings, innovation, and market share.
- Check if National Presto pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about National Presto's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in National Presto Industries stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if National Presto Industries is a good investment.
Already Invested in National Presto Industries?
The danger of trading National Presto Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of National Presto is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than National Presto. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile National Presto Indu is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether National Presto Indu is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if National Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about National Presto Industries Stock. Highlighted below are key reports to facilitate an investment decision about National Presto Industries Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Presto Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for National Stock analysis
When running National Presto's price analysis, check to measure National Presto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Presto is operating at the current time. Most of National Presto's value examination focuses on studying past and present price action to predict the probability of National Presto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Presto's price. Additionally, you may evaluate how the addition of National Presto to your portfolios can decrease your overall portfolio volatility.
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Is National Presto's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Presto. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Presto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 1 | Earnings Share 4.53 | Revenue Per Share 47.413 | Quarterly Revenue Growth (0.05) |
The market value of National Presto Indu is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Presto's value that differs from its market value or its book value, called intrinsic value, which is National Presto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Presto's market value can be influenced by many factors that don't directly affect National Presto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between National Presto's value and its price, as these two are different measures arrived at by various means. Investors typically determine if National Presto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Presto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.