Northern Technologies Stock Today
| NTIC Stock | USD 13.54 0.21 1.58% |
Performance1 of 100
| Odds Of DistressLess than 3
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Northern Technologies is trading at 13.54 as of the 28th of November 2024, a 1.58 percent up since the beginning of the trading day. The stock's open price was 13.33. Northern Technologies has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Northern Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 13th of September 1993 | Category Basic Materials |
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services in North America, South America, Europe, Asia, the Middle East and internationally. Northern Technologies International Corporation was founded in 1970 and is headquartered in Circle Pines, Minnesota. The company has 9.47 M outstanding shares of which 144.68 K shares are now shorted by private and institutional investors with about 11.93 trading days to cover. More on Northern Technologies
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Northern Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President | Patrick Lynch | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Fabricated Products (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Specialty Chemicals, Basic Materials, NASDAQ Composite, Fabricated Products, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsNorthern Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Northern Technologies' financial leverage. It provides some insight into what part of Northern Technologies' total assets is financed by creditors.
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Northern Technologies (NTIC) is traded on NASDAQ Exchange in USA. It is located in 4201 Woodland Road, Circle Pines, MN, United States, 55014 and employs 224 people. Northern Technologies is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 126.24 M. Northern Technologies conducts business under Chemicals sector and is part of Materials industry. The entity has 9.47 M outstanding shares of which 144.68 K shares are now shorted by private and institutional investors with about 11.93 trading days to cover.
Northern Technologies currently holds about 6.13 M in cash with 5.88 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66.
Check Northern Technologies Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Northern Technologies is $126.24 Million. 30% of Northern Technologies outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Northern Ownership Details
Northern Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Hillsdale Investment Management Inc. | 2024-09-30 | 88.4 K | |
| Diamond Hill Capital Management Inc | 2024-09-30 | 75.4 K | |
| State Street Corp | 2024-06-30 | 75.2 K | |
| Northern Trust Corp | 2024-09-30 | 60.1 K | |
| Dynamic Advisor Solutions Llc | 2024-09-30 | 51.6 K | |
| Sheets Smith Wealth Management | 2024-09-30 | 44.9 K | |
| Arrowstreet Capital Limited Partnership | 2024-06-30 | 30.1 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 30 K | |
| Bridgeway Capital Management, Llc | 2024-09-30 | 29.8 K | |
| Needham Investment Management, Llc | 2024-09-30 | 522.5 K | |
| Vanguard Group Inc | 2024-09-30 | 490.2 K |
Northern Technologies Historical Income Statement
Northern Stock Against Markets
Northern Technologies Corporate Executives
Elected by the shareholders, the Northern Technologies' board of directors comprises two types of representatives: Northern Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Northern. The board's role is to monitor Northern Technologies' management team and ensure that shareholders' interests are well served. Northern Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Northern Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Matthew CPA | CFO Secretary | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Technologies. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Earnings Share 0.55 | Revenue Per Share 8.752 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0079 |
The market value of Northern Technologies is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Technologies' value that differs from its market value or its book value, called intrinsic value, which is Northern Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Technologies' market value can be influenced by many factors that don't directly affect Northern Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.