EPS for National Instruments Corp (NATI) Expected At $0.23

October 13, 2017 - By Adrian Erickson

 EPS for National Instruments Corp (NATI) Expected At $0.23
Investors sentiment decreased to 1.2 in Q2 2017. Its down 0.15, from 1.35 in 2017Q1. It dived, as 30 investors sold National Instruments Corp shares while 69 reduced holdings. 32 funds opened positions while 87 raised stakes. 101.50 million shares or 2.46% more from 99.06 million shares in 2017Q1 were reported.
Louisiana State Employees Retirement Sys holds 0.05% in National Instruments Corp (NASDAQ:NATI) or 27,700 shares. Coastline has 0.45% invested in National Instruments Corp (NASDAQ:NATI) for 61,120 shares. Invesco Ltd, a Georgia-based fund reported 1.65M shares. 429,154 were accumulated by Shearlink Cap Ltd Com. National Bank Of Montreal Can holds 0% in National Instruments Corp (NASDAQ:NATI) or 11,888 shares. Rhumbline Advisers holds 287,324 shares. Crawford Inv Counsel holds 0.09% or 65,097 shares. Blair William And Il reported 0.01% in National Instruments Corp (NASDAQ:NATI). Bares Mngmt Inc owns 3.78 million shares. Findlay Park Ptnrs Llp reported 3.07 million shares. Acadian Asset Mgmt Ltd Liability invested in 0% or 7,683 shares. Fifth Third Fincl Bank has 3,690 shares for 0% of their portfolio. 1St Advsrs holds 8,738 shares or 0.04% of its portfolio. Wellington Mngmt Group Limited Liability Partnership has 0.07% invested in National Instruments Corp (NASDAQ:NATI). Cwm Ltd holds 0% or 59 shares.

Since April 28, 2017, it had 0 buys, and 21 sales for $5.74 million activity. Another trade for 3,288 shares valued at $126,062 was made by Rust Scott Arthur on Tuesday, May 30. KODOSKY JEFFREY L sold $73,280 worth of stock. $240,477 worth of National Instruments Corp (NASDAQ:NATI) was sold by Starkloff Eric Howard. DAVERN ALEXANDER M sold $381,887 worth of National Instruments Corp (NASDAQ:NATI) on Friday, May 26. $40,230 worth of National Instruments Corp (NASDAQ:NATI) shares were sold by Roiko John Charles.

Wall Street await National Instruments Corp (NASDAQ:NATI) to release earnings on October, 26. Analysts forecast EPS of $0.23, up exactly $0.01 or 4.55 % from 2014’s $0.22 EPS. The expected NATI’s profit could reach $30.04M giving the stock 48.77 P/E in the case that $0.23 earnings per share is reported. After posting $0.19 EPS for the previous quarter, National Instruments Corp’s analysts now forecast 21.05 % EPS growth. The stock increased 0.22% or $0.1 during the last trading session, reaching $44.87. About 395,559 shares traded. National Instruments Corp (NASDAQ:NATI) has risen 38.06% since October 13, 2016 and is uptrending. It has outperformed by 21.36% the S&P500.

National Instruments Corp (NASDAQ:NATI) Ratings Coverage

Among 4 analysts covering Natl Instruments (NASDAQ:NATI), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Natl Instruments had 6 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Oppenheimer on Friday, July 31. Stifel Nicolaus maintained the shares of NATI in report on Friday, January 27 with “Buy” rating. FBR Capital initiated the shares of NATI in report on Wednesday, May 11 with “Market Perform” rating. On Sunday, September 24 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock has “Buy” rating by Stifel Nicolaus on Friday, July 28. Robert W. Baird upgraded it to “Outperform” rating and $35 target in Thursday, December 22 report.

National Instruments Corporation designs, makes and sells systems to engineers and scientists. The company has market cap of $5.86 billion. The Firm offers a line of measurement, automation and control products. It has a 60.18 P/E ratio. It offers products, technology and services, which include system design software, programming tools, application software, modular hardware products and related driver software, production test systems, NI education platform, software products for teaching and hardware products for teaching.

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