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National Instruments Corporation is currently in a long term uptrend where the price is trading 1.6% above its 200 day moving average.
From a valuation standpoint, the stock is 82.2% cheaper than other stocks from the Technology sector with a price to sales ratio of 4.5.
National Instruments Corporation's total revenue rose by 0.1% to $368M since the same quarter in the previous year.
Its net income has dropped by 91.9% to $5M since the same quarter in the previous year.
Finally, its free cash flow fell by 3.6% to $57M since the same quarter in the previous year.
Based on the above factors, National Instruments Corporation gets an overall score of 3/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US6365181022 |
Sector | Technology |
Industry | Software - Application |
PE Ratio | 44.43 |
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Target Price | 60 |
Beta | 1.18 |
Dividend Yield | 1.9% |
Market Cap | 8B |
National Instruments Corporation provides a software-centric platform to engineers and scientists worldwide. Its programming environments software includes NI LabVIEW, a graphical software platform to visualize hardware configuration, measurement data, and debugging; NI LabWindows/CVI, an ANSI C integrated development environment and engineering toolbox; and NI Measurement Studio, a suite of .NET tools for building engineering applications in Microsoft Visual Studio. The company's application software comprises NI TestStand that is used for automated test and measurement applications in manufacturing environment; NI VeriStand, a software environment for configuring real-time testing applications; Flexlogger for sensor configuration and data logging of mixed signals. Its operations management and analytic enterprise software include NI DIAdem, which is configuration-based technical data management, analysis, and report generation tools to mine and analyze engineering and measurement data; NI SystemLink, a systems management and data collection software that enables the mass coordination of connected devices, software deployments, and data communications throughout a distributed system; and NI Optimal Plus. The company also offers PXI and NI C-series hardware; NI PXI modular instrument platform; and NI semiconductor test systems, as well as software and hardware maintenance, and training and certification services. It serves semiconductor and electronics, transportation, aerospace, and defense industries; and government agencies. The company sells its products through direct sales, independent distributors, original equipment manufacturers, resellers, and system integrators and consultants. National Instruments Corporation was incorporated in 1976 and is headquartered in Austin, Texas. As of October 11, 2023, National Instruments Corporation operates as a subsidiary of Emerson Electric Co.
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