Northern Technologies Stock Analysis

Northern Stock Analysis Notes

About 17.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.91. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Northern Technologies last dividend was issued on the 30th of April 2024. The entity had 2:1 split on the 1st of July 2019. Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services in North America, South America, Europe, Asia, the Middle East and internationally. Northern Technologies International Corporation was founded in 1970 and is headquartered in Circle Pines, Minnesota. Northern Technologies operates under Specialty Chemicals classification in the United States and is traded on NASDAQ Exchange. It employs 200 people. To find out more about Northern Technologies contact the company at 763 225 6600 or learn more at https://www.ntic.com.

Northern Technologies Investment Alerts

Northern Technologies Upcoming and Recent Events

Northern Largest EPS Surprises

View All Earnings Estimates

Northern Technologies Environmental, Social, and Governance (ESG) Scores

Northern Technologies Thematic Classifications

Northern Stock Institutional Investors

Note, although Northern Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Northern Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 166.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northern Technologies's market, we take the total number of its shares issued and multiply it by Northern Technologies'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.

Northern Profitablity

The company has Profit Margin (PM) of 0.06 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.

Management Efficiency

Northern Technologies has return on total asset (ROA) of 0.0111 % which means that it generated a profit of $0.0111 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0861 %, meaning that it created $0.0861 on every $100 dollars invested by stockholders. Northern Technologies' management efficiency ratios could be used to measure how well Northern Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of May 15, 2024, Return On Tangible Assets is expected to decline to 0.04. In addition to that, Return On Capital Employed is expected to decline to 0.09. At present, Northern Technologies' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 622.5 M, whereas Other Assets are forecasted to decline to about 79.1 K.

Technical Drivers

As of the 15th of May 2024, Northern Technologies secures the Mean Deviation of 2.47, risk adjusted performance of 0.0885, and Downside Deviation of 3.47. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Technologies, 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 collect and analyze data for nineteen technical drivers for Northern Technologies, which can be compared to its peers in the industry. Please verify Northern Technologies information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Northern Technologies is priced some-what accurately, providing market reflects its recent price of 17.67 per share. Given that Northern Technologies has jensen alpha of 0.3908, we recommend you to check Northern Technologies's last-minute market performance to make sure the company can sustain itself at a future point.

Northern Technologies Price Movement Analysis

Northern Technologies Insider Trading Activities

Northern Technologies Predictive Daily Indicators

Northern Technologies Corporate Filings

Northern Technologies Forecast Models

Northern Technologies' time-series forecasting models are one of many Northern Technologies' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Northern Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Northern Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Northern shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Northern Technologies. By using and applying Northern Stock analysis, traders can create a robust methodology for identifying Northern entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Northern analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Northern analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Northern Technologies stock analysis indicators help investors evaluate how Northern Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Northern Technologies shares will generate the highest return on investment. By understating and applying Northern Technologies stock analysis, traders can identify Northern Technologies position entry and exit signals to maximize returns.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

When running Northern Technologies' price analysis, check to measure Northern Technologies' 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 Northern Technologies is operating at the current time. Most of Northern Technologies' value examination focuses on studying past and present price action to predict the probability of Northern Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Technologies' price. Additionally, you may evaluate how the addition of Northern Technologies to your portfolios can decrease your overall portfolio volatility.

Is Northern Technologies' 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 Northern Technologies. If investors know Northern 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 Northern Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Northern Technologies is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Technologies' value that differs from its market value or its book value, called intrinsic value, which is Northern Technologies' 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 Northern Technologies' market value can be influenced by many factors that don't directly affect Northern Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Northern Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Technologies' 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.