Northern Technologies International (NASDAQ:NTIC) Issues FY 2019 Earnings Guidance
Northern Technologies International (NASDAQ:NTIC) issued an update on its FY 2019 earnings guidance on Tuesday morning. The company provided EPS guidance of $0.65-0.70 for the period. The company issued revenue guidance of $57.5-58.5 million.
Shares of NTIC stock opened at $11.49 on Friday. The company has a market cap of $104.59 million, a price-to-earnings ratio of 16.56 and a beta of 0.96. The company’s fifty day simple moving average is $21.88. Northern Technologies International has a 12 month low of $10.40 and a 12 month high of $20.95.
Northern Technologies International (NASDAQ:NTIC) last announced its quarterly earnings results on Tuesday, July 9th. The specialty chemicals company reported $0.16 EPS for the quarter. The business had revenue of $14.89 million during the quarter. Northern Technologies International had a net margin of 11.44% and a return on equity of 11.30%. As a group, analysts forecast that Northern Technologies International will post 0.68 EPS for the current fiscal year.
Northern Technologies International Company Profile
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand.
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