National Presto Industries (NYSE:NPK) Announces Quarterly Earnings Results

National Presto Industries (NYSE:NPK) announced its quarterly earnings data on Friday. The conglomerate reported $2.91 earnings per share (EPS) for the quarter, Zacks reports. National Presto Industries had a return on equity of 9.88% and a net margin of 9.63%.

National Presto Industries Price Performance

NYSE NPK traded up $0.92 during midday trading on Friday, hitting $89.20. 30,599 shares of the company traded hands, compared to its average volume of 39,039. The company has a market cap of $633.32 million, a PE ratio of 18.78 and a beta of 0.54. The company’s 50-day simple moving average is $96.90 and its 200-day simple moving average is $85.55. National Presto Industries has a 52 week low of $69.58 and a 52 week high of $103.93.

National Presto Industries Dividend Announcement

The business also recently announced an annual dividend, which will be paid on Monday, March 17th. Shareholders of record on Tuesday, March 4th will be given a dividend of $1.00 per share. The ex-dividend date is Tuesday, March 4th. This represents a yield of 1%. National Presto Industries’s dividend payout ratio (DPR) is presently 21.05%.

Analyst Ratings Changes

Separately, StockNews.com cut National Presto Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd.

About National Presto Industries

National Presto Industries, Inc provides housewares and small appliance, defense, and safety products in North America. The company’s Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.