National Instruments Corporation (NASDAQ: NATI) is one of 114 publicly-traded companies in the “Software” industry, but how does it weigh in compared to its competitors? We will compare National Instruments Corporation to similar businesses based on the strength of its institutional ownership, dividends, analyst recommendations, valuation, risk, profitability and earnings.
Earnings & Valuation
This table compares National Instruments Corporation and its competitors revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|National Instruments Corporation||$1.25 billion||$189.72 million||52.53|
|National Instruments Corporation Competitors||$1.54 billion||$453.53 million||42.17|
National Instruments Corporation’s competitors have higher revenue and earnings than National Instruments Corporation. National Instruments Corporation is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Risk and Volatility
National Instruments Corporation has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500. Comparatively, National Instruments Corporation’s competitors have a beta of 0.98, meaning that their average share price is 2% less volatile than the S&P 500.
This is a breakdown of recent recommendations for National Instruments Corporation and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|National Instruments Corporation||0||1||2||0||2.67|
|National Instruments Corporation Competitors||388||2295||4349||115||2.59|
National Instruments Corporation presently has a consensus target price of $38.33, suggesting a potential downside of 6.44%. As a group, “Software” companies have a potential upside of 9.79%. Given National Instruments Corporation’s competitors higher possible upside, analysts plainly believe National Instruments Corporation has less favorable growth aspects than its competitors.
This table compares National Instruments Corporation and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|National Instruments Corporation||8.11%||9.81%||7.36%|
|National Instruments Corporation Competitors||-38.55%||-43.23%||-9.38%|
Insider and Institutional Ownership
80.4% of National Instruments Corporation shares are owned by institutional investors. Comparatively, 61.0% of shares of all “Software” companies are owned by institutional investors. 9.9% of National Instruments Corporation shares are owned by insiders. Comparatively, 17.8% of shares of all “Software” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
National Instruments Corporation pays an annual dividend of $0.84 per share and has a dividend yield of 2.1%. National Instruments Corporation pays out 107.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Software” companies pay a dividend yield of 1.1% and pay out 63.3% of their earnings in the form of a dividend.
National Instruments Corporation beats its competitors on 8 of the 15 factors compared.
National Instruments Corporation Company Profile
National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers a line of measurement, automation and control products. 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. It also offers NI Services, including hardware services and maintenance, software maintenance services, and training and certification. Its products are used across various industries in a range of applications, including research and development, simulation and modeling, prototype and validation, production testing and industrial control and field and factory service and repair. It serves various industries and applications, such as consumer electronics, commercial aerospace, telecommunications and others.
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