Should you buy National Instruments Corporation stock? (NasdaqGS:NATI). Let's see how it does in our automated value investing analysis system.
Based on historical returns, we believe that National Instruments Corporation can grow its free cash at a rate of about 1%. That's positive!
(National Instruments Corporation stock price per share)
||NATI Fair Price
(based on intrinsic value)
|NATI Safety Price (based on a variable margin of safety)||$10.06|
|PE Ratio versus Sector||138% higher than other Technology stocks|
|PE Ratio versus Industry||152% higher than other Unknown stocks|
|Free Cash Flow Jitter||74%|
|Dividend Yield||3%||Shares Shorted||4,073,674|
This stock has short interest! This means that people have shorted it.
Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.
As of the latest analysis, there are 4,073,674 shares shorted. With 121,174,564 shares available for purchase and an average trading volume over the past 10 trading days of 388,042, it would take at least 10.498 days for all of the short holders to cover their shorts.
What does this mean to you? At this volume, it'll take more than two trading weeks for shorts to cover. This may indicate a short squeeze play would work! If this stock has good fundamentals and it'll take a while for the short holders to cover, buying now could net you bigger short-term technical gains if and as the price rises.
We believe that National Instruments Corporation may be worth examining further. It's making money, which is a very positive sign. Is it on sale?
National Instruments Corporation looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.
Does National Instruments Corporation have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.
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