Northern Technologies International Co. to Post Q4 2024 Earnings of $0.25 Per Share, Northland Capmk Forecasts (NASDAQ:NTIC)

Northern Technologies International Co. (NASDAQ:NTIC) – Investment analysts at Northland Capmk lifted their Q4 2024 earnings per share (EPS) estimates for shares of Northern Technologies International in a research report issued to clients and investors on Friday, April 12th. Northland Capmk analyst G. Richard now expects that the specialty chemicals company will post earnings per share of $0.25 for the quarter, up from their previous estimate of $0.24. The consensus estimate for Northern Technologies International’s current full-year earnings is $0.75 per share. Northland Capmk also issued estimates for Northern Technologies International’s Q2 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.25 EPS and FY2025 earnings at $1.00 EPS.

Other equities analysts have also issued research reports about the company. TheStreet upgraded Northern Technologies International from a “c+” rating to a “b-” rating in a research note on Tuesday, February 27th. Northland Securities boosted their price objective on Northern Technologies International from $19.00 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, April 12th. Finally, StockNews.com upgraded Northern Technologies International from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th.

Northern Technologies International Stock Performance

Shares of NTIC opened at $14.89 on Monday. Northern Technologies International has a 52-week low of $10.08 and a 52-week high of $15.96. The business’s fifty day moving average is $13.50 and its 200-day moving average is $12.56. The firm has a market cap of $140.41 million, a price-to-earnings ratio of 28.64 and a beta of 0.72.

Institutional Investors Weigh In On Northern Technologies International

A number of hedge funds and other institutional investors have recently bought and sold shares of NTIC. Ballast Asset Management LP acquired a new position in shares of Northern Technologies International in the 3rd quarter valued at about $2,911,000. Needham Investment Management LLC lifted its stake in shares of Northern Technologies International by 50.2% in the 4th quarter. Needham Investment Management LLC now owns 260,000 shares of the specialty chemicals company’s stock valued at $3,063,000 after purchasing an additional 86,952 shares during the period. Hudson Bay Capital Management LP acquired a new position in shares of Northern Technologies International in the 2nd quarter valued at about $528,000. Vanguard Group Inc. lifted its stake in shares of Northern Technologies International by 5.5% in the 3rd quarter. Vanguard Group Inc. now owns 431,158 shares of the specialty chemicals company’s stock valued at $5,765,000 after purchasing an additional 22,500 shares during the period. Finally, Penn Mutual Asset Management LLC acquired a new position in shares of Northern Technologies International in the 3rd quarter valued at about $227,000. Institutional investors own 32.88% of the company’s stock.

About Northern Technologies International

Northern Technologies International Corporation develops and markets rust and corrosion inhibiting solutions in North America, South America, Europe, Asia, the Middle East and internationally. 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.