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National Instruments Corp NATI Stock Quote

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  • Last Close 59.58
  • Sector Technology
  • Industry Software - Application
  • Investment Style Mid Blend
  • Day Range 59.53  –  59.64
  • Year Range 34.97  –  59.98
  • Market Cap 7.9121 Bil
  • Volume / Avg 1.5 Mil /  1.5 Mil
  • Price / Sales 4.58
  • Price / Book 6.50
  • Forward Div Yield 1.95%
  • Trailing Div Yield 1.88%

Morningstar‘s Stock Analysis NATI

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National Instruments: Moaty Test, Measurement Provider Seeking Growth in Semis and Electric Vehicles

Business Strategy and Outlook

| William Kerwin |

We think National Instruments is a differentiated player in the test and measurement ecosystem that uses a software-led approach to save customers time, cost, and effort in bringing new products to market. In our view, NI has carved out a market niche as a lower-cost, higher-automation alternative to incumbent test equipment vendors and uses a flexible approach to serve myriad end markets and a long tail of customers. We think the firm’s newfound focus on strategic verticals like semiconductors, transportation, and aerospace and defense will lead to solid growth and allow significant operating leverage.

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Key Statistics NATI

Company Profile NATI

Business Description

National Instruments provides testing and measurement equipment and integrated, software-led solutions to serve high-complexity automated testing in late product development. NI serves a long tail of more than 30,000 customers in myriad end markets but focuses on the semiconductor, transportation, and aerospace and defense verticals.

11500 North MoPac Expressway
Austin, TX, 78759
Industry Software - Application
Employees 7,000

Related Articles NATI

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of NATI’s competitive advantage.

National Instruments Corp


Teradyne Inc


Keysight Technologies Inc


Fortive Corp

+$0.05 (0.08%) −$0.21 (0.22%) −$0.02 (0.02%) +$0.36 (0.49%)
Market Cap
7.91 Bil14.69 Bil23.26 Bil26.15 Bil
Software - Application Semiconductor Equipment & Materials Scientific & Technical Instruments Scientific & Technical Instruments

* Trading data in this section is delayed by at least 15 minutes.

FAQs for National Instruments Corp Stock

Yes. NATI has a forward dividend yield of 1.88%. See NATI’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

NATI’s market cap is 7.91 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

NATI’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

NATI’s price/sales is 4.58.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

NATI’s price/forward earnings is 44.13.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

NATI’s price/book is 6.50.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See NATI’s valuation ratios compared to the Market Index.

NATI’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare NATI’s historical performance against its industry peers and the overall market.