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

National Presto Industries (NYSE:NPK) released 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 Trading Up 1.0 %

National Presto Industries stock traded up $0.92 during trading hours on Friday, reaching $89.20. 30,599 shares of the company were exchanged, compared to its average volume of 39,039. National Presto Industries has a 12 month low of $69.58 and a 12 month high of $103.93. The stock has a 50-day moving average of $96.90 and a 200 day moving average of $85.55. The firm has a market cap of $633.32 million, a price-to-earnings ratio of 18.78 and a beta of 0.54.

National Presto Industries Dividend Announcement

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

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of National Presto Industries from a “buy” rating to a “hold” rating in a research report 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.