Northland Securities Estimates NTIC FY2027 Earnings

Northern Technologies International Corporation (NASDAQ:NTIC) – Stock analysts at Northland Securities reduced their FY2027 earnings estimates for Northern Technologies International in a research report issued on Friday, July 10th. Northland Securities analyst G. Richard now forecasts that the specialty chemicals company will post earnings per share of $0.30 for the year, down from their previous forecast of $0.45. The consensus estimate for Northern Technologies International’s current full-year earnings is $0.10 per share.

Northern Technologies International (NASDAQ:NTIC) last announced its earnings results on Thursday, July 9th. The specialty chemicals company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.06). The firm had revenue of $24.22 million during the quarter, compared to the consensus estimate of $23.40 million. Northern Technologies International had a negative return on equity of 0.45% and a negative net margin of 1.26%.

A number of other analysts also recently weighed in on NTIC. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Northern Technologies International in a research report on Wednesday, June 24th. Zacks Research raised Northern Technologies International from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

Northern Technologies International Price Performance

NTIC opened at $8.10 on Tuesday. The stock has a fifty day simple moving average of $8.15 and a two-hundred day simple moving average of $8.42. The company has a current ratio of 1.72, a quick ratio of 1.15 and a debt-to-equity ratio of 0.01. The company has a market cap of $76.95 million, a price-to-earnings ratio of -67.50 and a beta of 0.17. Northern Technologies International has a 12-month low of $7.14 and a 12-month high of $10.03.

Hedge Funds Weigh In On Northern Technologies International

A number of hedge funds have recently bought and sold shares of NTIC. Needham Investment Management LLC boosted its holdings in shares of Northern Technologies International by 11.4% during the 4th quarter. Needham Investment Management LLC now owns 713,257 shares of the specialty chemicals company’s stock valued at $5,585,000 after acquiring an additional 73,257 shares during the last quarter. Rothschild Wealth LLC bought a new position in Northern Technologies International during the fourth quarter valued at approximately $1,330,000. North Star Investment Management Corp. purchased a new stake in Northern Technologies International in the first quarter worth approximately $1,220,000. Peapod Lane Capital LLC grew its position in Northern Technologies International by 64.6% in the 4th quarter. Peapod Lane Capital LLC now owns 142,621 shares of the specialty chemicals company’s stock worth $1,117,000 after purchasing an additional 55,987 shares during the period. Finally, Renaissance Technologies LLC raised its stake in Northern Technologies International by 15.0% during the 4th quarter. Renaissance Technologies LLC now owns 126,377 shares of the specialty chemicals company’s stock valued at $990,000 after buying an additional 16,500 shares during the last quarter. Hedge funds and other institutional investors own 32.88% of the company’s stock.

Northern Technologies International Company Profile

Northern Technologies International Corporation (NASDAQ: NTIC) is a Minnesota‐based specialty chemical company that develops, manufactures and markets environmentally responsible corrosion prevention and metal surface treatment products. The company’s solutions include volatile corrosion inhibitor (VCI) films, emitters, powders and liquids designed to protect ferrous and non‐ferrous metals in industrial, aerospace, defense, electronics and automotive applications. In addition, NTIC offers packaging materials, engineered coatings and specialty pretreatment chemicals that meet stringent environmental regulations while extending equipment life and reducing maintenance costs.

NTIC serves a diversified global customer base, including metal fabricators, automotive suppliers, electronics manufacturers and oil and gas producers.