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Is this Large Market Cap Stock target price reasonable for National Instruments Corporation (NASDAQ:NATI)?

The company in question is, National Instruments Corporation (NASDAQ:NATI) currently with a stock price of 27.57 (-0.11% today). The market cap for National Instruments Corporation is 3583.86, and is in the sector Technology, and Technical & System Software industry. The target price for National Instruments Corporation is 31.67. Currently National Instruments Corporation is trading with a P/E of 41.95, and a forward P/E of 27.52. Average volume for National Instruments Corporation is 610.12 and so far today it is 58062.

Performance in the last year for National Instruments Corporation has been 0.08%. For EPS growth, National Instruments Corporation has seen a growth of -25.10%, and is looking to grow in the next year to 41.27%. More long term stats show that EPS growth has been -4.30% over the last five years and could be 20.00% for the next five years. National Instruments Corporation has seen sales growth quarter over quarter at 1.40%, with EPS growth quarter over quarter at -20.30%. The 20-day simple moving average is -1.28%, with the 200-day simple moving average coming to -1.26%.

Since the IPO date for National Instruments Corporation on the 3/14/1995, National Instruments Corporation has seen performance year to date to be -1.66%. With National Instruments Corporation trading at 27.57, the dividend yield is 2.90%, and the EPS is 0.66.

So could National Instruments Corporation, be undervalued? Well as said before P/E is 41.95. The PEG is 2.1, P/S is 2.92 and the P/B is at 3.24. The P/cash is 10.53, with P/free cash flow at 156.5.

National Instruments Corporation ability to deal with debt shows that the current ratio is 3.2, and the quick ratio is 2.5. This is with long term debt/equity at 0.04, and total debt/equity at 0.04.

In terms of margins, National Instruments Corporation has a gross margin of 74.10%, an operating margin of 10.00% and a profit margin of 6.90%.Payout ratio for National Instruments Corporation is 118.00%. Return on assets come to 5.80% with return on investment coming to 9.00%.

Insider ownership for National Instruments Corporation, is at 7.70% and institutional ownership comes to 75.60%. Outstanding shares are at 129.85. While shares float is 103.41. The float short is currently 4.45%, and short ratio is 7.53.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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