Previous close | 57.79 |
Open | 57.75 |
Bid | 57.76 x 1100 |
Ask | 57.77 x 800 |
Day's range | 57.72 - 57.90 |
52-week range | 29.81 - 58.30 |
Volume | |
Avg. volume | 2,142,711 |
Market cap | 7.673B |
Beta (5Y monthly) | 1.19 |
PE ratio (TTM) | 47.77 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.12 (1.94%) |
Ex-dividend date | 08 May 2023 |
1y target est | N/A |
National Instruments (NATI) delivered earnings and revenue surprises of 12.73% and 1.48%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
National Instruments (NATI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is your daily Pro Recap of the biggest head-turning deal dispatches you may have missed this week: reports of Exxon's buyout talks with Pioneer, plus Emerson's agreement to take out National Instruments, Teck Resources' rejection of Glencore's overtures, and more. Pioneer Natural Resources (NYSE:PXD) shares rose more than 5% on Monday following the Wall Street Journal's report that the company held “preliminary talks” with Exxon Mobil (NYSE:XOM) about a possible acquisition.
Exxon Mobil, Pioneer Natural Resources, Emerson Electric and National Instruments are part of the Zacks Investment Ideas article.
Mergers and acquisitions (M&A) activity has witnessed a slowdown, with market volatility and lingering economic uncertainty weighing heavily on potential deals. However, it's not entirely dead.
Shares in software-connected automated test and measurement company National Instruments, or NI (NASDAQ: NATI), rose more than 10% in the week to Thursday morning, according to S&P Global Market Intelligence. On Wednesday, NI's suitor, Emerson Electric (NYSE: EMR), announced it had reached a definitive agreement to acquire the company for $60 per share in cash, valuing the company at $8.2 billion. As previously discussed, Emerson Electric was the likely winner out of the bidding process.
The impending acquisition of National Instruments expands Emerson's (EMR) automation capabilities and opens up industrial software opportunities.
Shares of scientific software maker National Instruments (NASDAQ: NATI) soared 9.7% through 1 p.m. ET on Wednesday -- but if you want to buy into this rally, you had better act quickly. This morning, National Instruments rival Emerson Electric (NYSE: EMR) announced it has signed a "definitive agreement" to acquire National Instruments for $60 per share in cash -- or $8.2 billion in total. Emerson noted that National Instruments did $1.66 billion in business last year, which results in a price-to-sales (P/S) ratio of 4.9 on the acquisition -- or roughly twice the valuation of Emerson's own shares (which sell for a P/S ratio of 2.5).
Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss reports that Emerson Electric will acquire National Instruments for $8.2 billion.
(Reuters) -Industrial conglomerate Emerson Electric is in advanced talks to acquire National Instruments Corp in a deal that could value the measurement equipment maker at about $8 billion, people familiar with the matter said on Tuesday. Emerson prevailed over other companies that participated in the sale process, including Fortive Corp and Keysight Technologies Inc, with an offer of about $60 per share for National Instruments, the sources said. Spokespeople for National Instruments, Emerson, Fortive and Keysight did not immediately respond to requests for comment.
The bidding war for National Instruments, or NI (NASDAQ: NATI), is heating up, according to Reuters. Not only is Emerson Electric (NYSE: EMR) still firmly in the frame, but NI's rival Keysight (NYSE: KEYS) and industry peer Fortive (NYSE: FTV) are also believed to be part of the process. What's going on, and what does it mean for the investment proposition for these stocks?
The industrial company's management intends to transform the company into a pure-play automation stock.
National Instruments (NATI) delivered earnings and revenue surprises of -3.08% and 1.53%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Ametek (AME) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Emerson Electric's (NYSE: EMR) hostile takeover bid for National Instruments (NASDAQ: NATI), or NI, has all the ingredients of a thriller. Eight months and two bids after the initial approach, Emerson's management decided to take the case directly to NI shareholders due to a lack of engagement from the latter's management. This story has legs, so let's look at what's going on and what both sets of shareholders might think of it.
Aiming to transform into a global automation company, Emerson (EMR) proposes to acquire National Instruments in a deal with an enterprise value of $7.6 billion.
National Instruments received a buyout offer this morning after announcing it was pursuing strategic alternatives last week.
The stock market has started 2023 on a positive note, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) in particular has performed quite well. Investors have watched electric car maker Tesla (NASDAQ: TSLA) very closely as the new year begins, and after seeing its stock perform horribly in 2022, the electric vehicle (EV) pioneer has mounted a healthy comeback. Shares of Tesla jumped 6% at midmorning on Tuesday.
Shares of National Instruments (NASDAQ: NATI) are soaring 17.1% at 10:29 a.m. ET after the instrumentation hardware and software products company announced it was undertaking a strategic review of its business, including the possible sale of the company. National Instruments says it has been approached by several parties interested in buying the business. National Instruments' stock has been trading in a fairly narrow range over the past five months as uncertainty about the global economy has kept a check on what otherwise seemed a solid, growing business.
National Instruments (NATI) delivered earnings and revenue surprises of -3.64% and 0.29%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Apple (AAPL) expands its portfolio with the launch of a redesigned iPad and next-gen iPad Pro.
DINO, FVCB and NATI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 21, 2022.