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Northern Technologies (NASDAQ:NTIC) Stock, Option Chain

Northern Technologies

Northern Technologies International Corp, or NTIC is a United States-based firm that develops and markets environmentally beneficial products and services world-wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company.

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NTIC shares down after reporting Q3 results for fiscal 2024. Net sales fell 1.4%, below estimate. Natur-Tec sales rose but ZERUST sales declined.

Why Materials Stock Northern Technologies Shares Are Diving Today

Analyst Ratings

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Northern Technologies (NASDAQ: NTIC) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.

Northern Technologies Upgraded to Strong Buy: What Does It Mean for the Stock?

Northern Technologies International Corporation - Common Stock

Northern Technologies International Corp

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Freeport-McMoRan Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>)</h3>
<ul>
<li>On Jan. 23, Freeport-McMoRan reported fourth-quarter FY24 results. Revenue stood at $5.72 billion, missing the consensus of $5.99 billion. Copper sales totaled 1.0 billion pounds, which was slightly above the October 2024 estimate. Copper sales declined year-over-year owing to lower ore grades and the timing of shipments at PT-FI. The company' stock fell around 6% over the past five days and has a <a href="https://www.benzinga.com/quote/FCX">52-week low of $36.26</a>.</li>
<li>RSI Value: 28.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>FCX Price Action: Shares of Freeport-McMoRan fell 1.8% to close at $37.81 on Friday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012725&amp;t=be2bearmibe3na1">FCX news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012725&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="902" height="831" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27050614/image-197.png" alt="" class="wp-image-750776" style="width:568px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27050614/image-197.png 902w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27050614/image-197-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27050614/image-197-768x708.png 768w" sizes="(max-width: 902px) 100vw, 902px" /></a></figure>
<h3 class="wp-block-heading">Northern Technologies International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>)&nbsp;</h3>
<ul>
<li>On Jan. 8, the company said consolidated net sales increased 5.7% to a first quarter record of $21,338,000. &#8220;NTIC&#8217;s record first quarter consolidated sales were driven by Natur-Tec&#xAE; all-time record quarterly sales, as well as, stable ZERUST&#xAE; oil and gas and ZERUST&#xAE; industrial sales. Furthermore, NTIC China enjoyed its highest quarterly sales in nearly three years. We are cautiously optimistic that global trends within our ZERUST&#xAE; industrial markets will continue improving throughout fiscal year 2025,&#8221; said G. Patrick Lynch, President and CEO of NTIC. The company's stock fell around 8% over the past five days and <a href="https://www.benzinga.com/quote/NTIC">has a 52-week low </a>of $11.70.</li>
<li>RSI Value: 26.8</li>
<li>NTIC Price Action: Shares of Northern Technologies International fell 1.5% to close at $12.06 on Friday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012725&amp;t=be2bearmibe3na1">NTIC stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent012725&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="913" height="833" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27050648/image-198.png" alt="" class="wp-image-750777" style="width:617px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27050648/image-198.png 913w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27050648/image-198-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/27050648/image-198-768x701.png 768w" sizes="(max-width: 913px) 100vw, 913px" /></a></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/markets/25/01/43189390/top-3-materials-stocks-that-may-fall-off-a-cliff-in-january">Top 3 Materials Stocks That May Fall Off A Cliff In January</a></li>
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Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.19 by 5.26 percent. This is a 566.67 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $23.35 million which beat the analyst consensus estimate of $22.50 million by 3.77 percent. This is a 12.74 percent increase over sales of $20.71 million the same period last year.

Earnings Beats

Northern Technologies Q4 Adj $0.20 Beats $0.19 Estimate, Sales $23.35M Beat $22.50M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Star Equity Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRR#NASDAQ">STRR</a>) is likely to report quarterly loss at $0.32 per share on revenue of $13.15 million. 
• EuroDry (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDRY#NASDAQ">EDRY</a>) is projected to report quarterly loss at $0.23 per share on revenue of $19.14 million. 
• S&amp;W Seed (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANW#NASDAQ">SANW</a>) is expected to report quarterly loss at $1.40 per share on revenue of $17.00 million. 
• GDS Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDS#NASDAQ">GDS</a>) is likely to report quarterly loss at $0.21 per share on revenue of $415.42 million. 
• Valvoline (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VVV#NYSE">VVV</a>) is expected to report quarterly earnings at $0.42 per share on revenue of $432.47 million. 
• Energizer Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENR#NYSE">ENR</a>) is likely to report quarterly earnings at $1.17 per share on revenue of $805.43 million. 
• Jacobs Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/J#NYSE">J</a>) is likely to report quarterly earnings at $1.37 per share on revenue of $3.01 billion. 
• Kingsoft Cloud Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KC#NASDAQ">KC</a>) is likely to report quarterly loss at $0.14 per share on revenue of $247.64 million. 
• Atour Lifestyle Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATAT#NASDAQ">ATAT</a>) is expected to report quarterly earnings at $0.36 per share on revenue of $264.74 million. 
• MYT Netherlands Parent (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MYTE#NYSE">MYTE</a>) is estimated to report quarterly loss at $0.06 per share on revenue of $203.93 million. 
• Lowe's Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) is expected to report quarterly earnings at $2.82 per share on revenue of $19.94 billion. 
• Vipshop Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIPS#NYSE">VIPS</a>) is projected to report quarterly earnings at $0.33 per share on revenue of $2.91 billion. 
• Weibo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WB#NASDAQ">WB</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $435.98 million. 
• Walmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) is estimated to report quarterly earnings at $0.53 per share on revenue of $167.72 billion. 
• Viking Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIK#NYSE">VIK</a>) is expected to report quarterly earnings at $0.85 per share on revenue of $1.66 billion. 
• Danimer Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNMR#NYSE">DNMR</a>) is likely to report quarterly loss at $0.20 per share on revenue of $8.57 million. 
• Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) is likely to report quarterly earnings at $0.19 per share on revenue of $22.50 million. 
• Eltek (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELTK#NASDAQ">ELTK</a>) is likely to report quarterly earnings at $0.31 per share on revenue of $12.40 million. 
• Futu Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>) is expected to report quarterly earnings at $0.97 per share on revenue of $347.63 million. 
• Allot (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALLT#NASDAQ">ALLT</a>) is estimated to report quarterly loss at $0.03 per share on revenue of $22.80 million. 
• Elbit Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESLT#NASDAQ">ESLT</a>) is likely to report quarterly earnings at $1.86 per share on revenue of $1.61 billion. 
• XPeng (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) is estimated to report quarterly loss at $0.27 per share on revenue of $1.38 billion. 
• Amer Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) is projected to report quarterly earnings at $0.10 per share on revenue of $1.30 billion. 
• Medtronic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) is projected to report quarterly earnings at $1.25 per share on revenue of $8.27 billion. 
• Oaktree Specialty Lending (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCSL#NASDAQ">OCSL</a>) is estimated to report quarterly earnings at $0.56 per share on revenue of $96.90 million. 
<h3>Companies Reporting After The Bell</h3>
• Workhorse Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKHS#NASDAQ">WKHS</a>) is projected to report quarterly loss at $0.82 per share on revenue of $4.68 million. 
• XP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XP#NASDAQ">XP</a>) is likely to report quarterly earnings at $0.40 per share on revenue of $772.20 million. 
• AZEK Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZEK#NYSE">AZEK</a>) is likely to report quarterly earnings at $0.27 per share on revenue of $339.99 million. 
• Algorhythm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIME#NASDAQ">RIME</a>) is estimated to report earnings for its third quarter. 
• Sociedad Quimica Y Minera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) is likely to report quarterly earnings at $0.66 per share on revenue of $1.09 billion. 
• StoneX Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNEX#NASDAQ">SNEX</a>) is estimated to report quarterly earnings at $2.05 per share on revenue of $462.98 million. 
• Kore Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KORE#NYSE">KORE</a>) is estimated to report quarterly loss at $0.63 per share on revenue of $67.90 million. 
• ReNew Energy Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNW#NASDAQ">RNW</a>) is expected to report quarterly earnings at $0.12 per share on revenue of $313.59 million. 
• Qifu Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QFIN#NASDAQ">QFIN</a>) is likely to report quarterly earnings at $1.42 per share on revenue of $588.49 million. 
• Star Bulk Carriers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBLK#NASDAQ">SBLK</a>) is expected to report quarterly earnings at $0.99 per share on revenue of $305.05 million. 
• Powell Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) is likely to report quarterly earnings at $3.55 per share on revenue of $286.49 million. 
• La-Z-Boy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LZB#NYSE">LZB</a>) is estimated to report quarterly earnings at $0.64 per share on revenue of $505.98 million. 
• Auna (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUNA#NYSE">AUNA</a>) is projected to report quarterly earnings at $0.21 per share on revenue of $297.67 million. 
• Varex Imaging (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VREX#NASDAQ">VREX</a>) is expected to report quarterly earnings at $0.09 per share on revenue of $200.54 million. 
• Keysight Techs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEYS#NYSE">KEYS</a>) is likely to report quarterly earnings at $1.57 per share on revenue of $1.26 billion. 
• ZTO Express (Cayman) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTO#NYSE">ZTO</a>) is estimated to report quarterly earnings at $0.41 per share on revenue of $1.48 billion. 
• Dolby Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLB#NYSE">DLB</a>) is estimated to report quarterly earnings at $0.70 per share on revenue of $307.94 million. 
• Golub Capital BDC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GBDC#NASDAQ">GBDC</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $234.39 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ALLT

ATAT

AUNA

AZEK

DNMR

EDRY

ELTK

ESLT

FUTU

GBDC

KEYS

KORE

MYTE

OCSL

POWL

QFIN

RIME

SANW

SBLK

SNEX

STRR

VIPS

VREX

WKHS

XPEV

Earnings Scheduled For November 19, 2024

Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) is gearing up to announce its quarterly earnings on Tuesday, 2024-11-19. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Northern Technologies will report an earnings per share (EPS) of $0.19.
Investors in Northern Technologies are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Earnings History Snapshot</h3>
The company's EPS missed by $0.13 in the last quarter, leading to a 6.87% drop in the share price on the following day.
Here's a look at Northern Technologies's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.24</td>
<td>0.17</td>
<td>0.18</td>
<td>0.18</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.11</td>
<td>0.18</td>
<td>0.10</td>
<td>0.03</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-7.000000000000001%</td>
<td>1.0%</td>
<td>6.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1731945691_0.png" alt="eps graph" />
<h3>Tracking Northern Technologies's Stock Performance</h3>
Shares of Northern Technologies were trading at $12.94 as of November 15. Over the last 52-week period, shares are up 19.63%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/NTIC/earnings">To track all earnings releases for Northern Technologies visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse of Northern Technologies's Earnings Potential

A substantial insider move unfolded on September 4, as LYNCH, President &amp; CEO at Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>), reported the acquisition of stock options for 44,858 shares in an SEC filing.
What Happened: In a recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000875582/000152651324000006//Archives/edgar/data/875582/000152651324000006/0001526513-24-000006-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday, LYNCH, President &amp; CEO at Northern Technologies, acquired 44,858 stock options for NTIC with an exercise price of $13.26 per share.
During Thursday's morning session, Northern Technologies shares down by 0.67%, currently priced at $13.41. Considering the current price, LYNCH's 44,858 shares have a total value of $6,728.
<h3>About Northern Technologies</h3>
Northern Technologies International Corp, or NTIC is a United States-based firm that develops and markets environmentally beneficial products and services world-wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company.
<h3>Breaking Down Northern Technologies's Financial Performance</h3>
Decline in Revenue: Over the 3 months period, Northern Technologies faced challenges, resulting in a decline of approximately -1.35% in revenue growth as of 31 May, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 38.16%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Northern Technologies's EPS is below the industry average. The company faced challenges with a current EPS of 0.1. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Northern Technologies's debt-to-equity ratio is below the industry average. With a ratio of 0.07, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 29.35 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 1.6 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Northern Technologies's EV/EBITDA ratio stands at 13.43, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>Exploring the Significance of Insider Trading</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000875582">Check Out The Full List Of Northern Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

In A Strategic Move, PATRICK LYNCH Acquires Northern Technologies Stock Options: Enhancing Value

Disclosed in a recent SEC filing on August 29, LYNCH, President and CEO at Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>), made a noteworthy transaction involving the exercise of company stock options.
What Happened: A notable Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0000875582/000123580224000073//Archives/edgar/data/875582/000123580224000073/0001235802-24-000073-index.htm">U.S. Securities and Exchange Commission</a> revealed that LYNCH, President and CEO at Northern Technologies, exercised stock options for 10,488 shares of NTIC, resulting in a transaction value of $34,715.
Currently, Northern Technologies shares are trading down 0.0%, priced at $13.36 during Friday's morning. This values LYNCH's 10,488 shares at $34,715.
<h3>All You Need to Know About Northern Technologies</h3>
Northern Technologies International Corp, or NTIC is a United States-based firm that develops and markets environmentally beneficial products and services world-wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company.
<h3>Breaking Down Northern Technologies's Financial Performance</h3>
Decline in Revenue: Over the 3 months period, Northern Technologies faced challenges, resulting in a decline of approximately -1.35% in revenue growth as of 31 May, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Materials sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 38.16%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Northern Technologies's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.1.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.07, Northern Technologies adopts a prudent financial strategy, indicating a balanced approach to debt management.
Navigating Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 29.04, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 1.59 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Northern Technologies's EV/EBITDA ratio stands at 13.29, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>Understanding the Significance of Insider Transactions</h3>
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Navigating the World of Insider Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000875582">Check Out The Full List Of Northern Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Update: PATRICK LYNCH Engages In Options Exercise At Northern Technologies

On August 1, it was revealed in an SEC filing that Konstantin Falkenhausen von, Director at Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) executed a significant exercise of company stock options.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000875582/000152651324000002//Archives/edgar/data/875582/000152651324000002/0001526513-24-000002-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that von, Director at Northern Technologies, a company in the Materials sector, just exercised stock options worth 8,000 shares of NTIC stock with an exercise price of $10.05.
During Friday's morning session, Northern Technologies shares down by 0.0%, currently priced at $13.04. Considering the current price, von's 8,000 shares have a total value of $23,919.
<h3>Unveiling the Story Behind Northern Technologies</h3>
Northern Technologies International Corp, or NTIC is a United States-based firm that develops and markets environmentally beneficial products and services world-wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company.
<h3>Northern Technologies: A Financial Overview</h3>
Decline in Revenue: Over the 3 months period, Northern Technologies faced challenges, resulting in a decline of approximately -1.35% in revenue growth as of 31 May, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Materials sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 38.16%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Northern Technologies's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.1.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.07.
Navigating Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 28.25 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 1.54 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 12.92, Northern Technologies could be considered undervalued.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>The Relevance of Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000875582">Check Out The Full List Of Northern Technologies's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Major Update: Konstantin Falkenhausen von At Northern Technologies Exercises Options, Making A Strategic Move

Northland Capital Markets analyst Gus Richard maintains Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) with a Outperform and maintains $20 price target.

Price Target

Northland Capital Markets Maintains Outperform on Northern Technologies, Maintains $20 Price Target

Northern Technologies International Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) shares are trading lower after the company reported the<a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/g39726988/northern-technologies-international-corporation-reports-financial-results-for-third-quarter-fiscal" rel="noreferrer noopener"> third quarter of fiscal 2024 results</a>.
Net sales fell 1.4% Y/Y to $20.7 million, missing the estimate of $23.0 million. ZERUST industrial net sales fell 4.4% Y/Y to $13.5 million, and ZERUST oil and gas net sales fell 31.9% Y/Y to $1.36 million.
Natur-Tec product net sales rose 20.1% Y/Y to $5.85 million, and NTIC China net sales rose 6.7% Y/Y to $3.54 million.
Gross profit margin expanded 210 basis points Y/Y to 38.2% in the quarter, led by strategies to mitigate supply chain disruptions and raw material challenges, including insourcing various finished goods production.
Adjusted EPS&nbsp;of $0.11&nbsp;came <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">below the consensus of&nbsp;$0.24</a>.
As of May-end, the company had investments in joint ventures of $24.2 million, including cash of $13.4 million.
G. Patrick Lynch, President and CEO of NTIC said, &#8220;While the timing of approximately $600,000 of shipments impacted third quarter ZERUST&#xAE; oil and gas sales, demand for our oil and gas solutions is expanding. As a result, we expect to experience a significant rebound in oil and gas sales in the fourth quarter of fiscal 2024.&#8221;
&#8220;In addition, we continue to make strategic investments in our operations aimed at supporting additional growth opportunities across our global markets – most notably in North America, Brazil, and India. Overall, fiscal 2024 is shaping up to be a strong year of growth, profitability and strategic investments for NTIC.&#8221;&nbsp;
Price Action: NTIC shares are down 7.7% at $14.50 at the last check Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock

WIIM

Northern Technologies shares are trading lower after the company reported worse-than-expected Q3 financial results.

Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.24 by 54.17 percent. The company reported quarterly sales of $20.686 million which missed the analyst consensus estimate of $23.000 million by 10.06 percent. This is a 1.35 percent decrease over sales of $20.970 million the same period last year.

Earnings Misses

Northern Technologies Q3 2024 Adj EPS $0.11 Misses $0.24 Estimate, Sales $20.686M Miss $23.000M Estimate

Northern Technologies International Corporation To Join Russell 3000 Index Following 2024 Annual Reconstitution Effective July 1, 2024

Northern Technologies (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntic#NASDAQ">NTIC</a>) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
A company&#39;s changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.
Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.
As such, the Zacks rating upgrade for Northern Technologies is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock Prices
The change in a company&#39;s future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That&#39;s partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company&#39;s shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Northern Technologies imply an improvement in the company&#39;s underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate Revisions
As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Earnings Estimate Revisions for Northern Technologies
For the fiscal year ending August 2024, this rust and corrosion prevention company is expected to earn $0.78 per share, which is a change of 188.9% from the year-ago reported number.
Analysts have been steadily raising their estimates for Northern Technologies. Over the past three months, the Zacks Consensus Estimate for the company has increased 4%.
Bottom Line
Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of &#39;buy&#39; and &#39;sell&#39; ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a &#39;Strong Buy&#39; rating and the next 15% get a &#39;Buy&#39; rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
The upgrade of Northern Technologies to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
<a href="https://www.zacks.com/stock/news/2278152/northern-technologies-ntic-upgraded-to-strong-buy-what-does-it-mean-for-the-stock?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_12_zacks_rank_upgrade-2278152">To read this article on Zacks.com click here.</a>

As of May 1, 2024, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.  
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Hongli Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLP#NASDAQ">HLP</a>)</h3>
<ul>
<li>The company's stock gained around 32% over the past five days and has a <a href="https://www.benzinga.com/quote/HLP">52-week high of $5.54</a> .</li>
<li>RSI Value: 74.46&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>HLP Price Action: Shares of Hongli Group closed at $1.77 on Tuesday.</li>
</ul>
Northern Technologies International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>)
<ul>
<li>On April 11, Northern Technologies International reported better-than-expected second-quarter adjusted EPS results. &#8220;NTIC set a series of new records in the second quarter, driven by robust demand across many parts of our business. Most notable among these were record second quarter ZERUST&#xAE; oil and gas sales and record quarterly Natur-Tec&#xAE; sales. The positive momentum underway within these two sectors reflects our long-standing commitment to developing innovative solutions for large, rapidly growing markets that are supported by NTIC&#8217;s global infrastructure,&#8221; said G. Patrick Lynch, President and CEO of NTIC. The company's stock gained around 34% over the past month and <a href="https://www.benzinga.com/quote/NTIC">has a 52-week high</a> of $17.76.</li>
<li>RSI Value: 73.46</li>
<li>NTIC Price Action: Shares of Northern Technologies International gained 1.5% to close at $17.70 on Tuesday.</li>
</ul>
Read More: <a href="https://www.benzinga.com/news/earnings/24/05/38542047/amazon-pfizer-and-3-stocks-to-watch-heading-into-wednesday">Amazon, Pfizer And 3 Stocks To Watch Heading Into Wednesday</a>

Short Ideas

Top 2 Materials Stocks That May Implode This Month

Although U.S. stocks closed mixed on Wednesday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Northern Technologies International</h3>
<ul>
<li>The Trade: Northern Technologies International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) Director Sarah E. Kemp <a href="https://www.benzinga.com/quote/NTIC/analyst-ratings">acquired a total of 1,275 shares</a> at  an average price of $15.70. To acquire these shares, it cost around $20,018.</li>
<li>What's Happening: On April 11, Northern Technologies International reported better-than-expected second-quarter adjusted EPS results.</li>
<li>What Northern Technologies International Does: Northern Technologies International Corp, or NTIC is a United States-based firm that develops and markets environmentally beneficial products and services world-wide either directly or through a network of joint ventures, distributors, and agents.</li>
</ul>
<h3 class="wp-block-heading">Harrow</h3>
<ul>
<li>The Trade: Harrow, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HROW#NASDAQ">HROW</a>) 10% owner Opaleye Management Inc. acquired a total of 20,000 shares at an average price of $10.23. To acquire these shares, it cost around $204,640.</li>
<li>What's Happening: On April 11, Craig-Hallum initiated coverage on Harrow with a Buy rating and announced a price target of $24.</li>
<li>What Harrow Does: Harrow Inc is an eyecare pharmaceutical company engaged in the discovery, development, and commercialization of ophthalmic pharmaceutical products for the U.S. market.</li>
</ul>
Don&#8217;t forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<h3 class="wp-block-heading">RXO</h3>
<ul>
<li>The Trade: RXO, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RXO#NYSE">RXO</a>) 10% owner Farhad Nanji <a href="ttps://www.benzinga.com/sec/insider-trades/">bought a total of 100,000 shares</a> at an average price of $19.82. To acquire these shares, it cost around $1.98 million.</li>
<li>What's Happening: RXO said it will issue its first-quarter financial results before the opening bell on May 2, 2024.</li>
<li>What RXO Does: RXO Inc is a brokered transportation platform defined by cutting-edge technology and a nimble, asset-light business model, with the largest component being core truck brokerage business.</li>
</ul>
Read More: <a href="https://www.benzinga.com/news/earnings/24/04/38423090/honeywell-likely-to-report-higher-q1-earnings-here-are-the-recent-forecast-changes-from-wall-street">Honeywell Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts</a>

HROW

Around $2M Bet On This Industrial Stock? Check Out These 3 Stocks Insiders Are Buying

As of April 17, 2024, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>Southern Copper Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/scco#NYSE">SCCO</a>)</h3>
<ul>
<li>On March 22, Jefferies analyst Alejandro Demichelis upgraded Southern Copper from Hold to Buy and raised the price target from $91 to $130. The company&rsquo;s stock gained around 11% over the past month and has a <a href="https://www.benzinga.com/quote/SCCO">52-week high of $120.37 </a>.</li>
<li>RSI Value: 70.11</li>
<li>SCCO Price Action: Shares of Southern Copper fell 0.2% to close at $113.83 on Tuesday.</li>
</ul>
<h3>Northern Technologies International Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntic#NASDAQ">NTIC</a>)</h3>
<ul>
<li>On April 11, Northern Technologies International reported better-than-expected second-quarter adjusted EPS results. &quot;NTIC set a series of new records in the second quarter, driven by robust demand across many parts of our business. Most notable among these were record second quarter ZERUST&reg; oil and gas sales and record quarterly Natur-Tec&reg; sales. The positive momentum underway within these two sectors reflects our long-standing commitment to developing innovative solutions for large, rapidly growing markets that are supported by NTIC&#39;s global infrastructure,&quot; said G. Patrick Lynch, President and CEO of NTIC. The company&rsquo;s stock gained around 23% over the past five days and <a href="https://www.benzinga.com/quote/NTIC"> has a 52-week high </a> of $15.96.</li>
<li>RSI Value: 70.85</li>
<li>NTIC Price Action: Shares of Northern Technologies International gained 0.1% to close at $14.89 on Tuesday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/04/38284954/abbott-laboratories-u-s-bancorp-and-3-stocks-to-watch-heading-into-wednesday"> Abbott Laboratories, U.S. Bancorp And 3 Stocks To Watch Heading Into Wednesday </a>

SCCO

Top 2 Materials Stocks That May Crash In Q2

Northland Capital Markets analyst Gus Richard maintains Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) with a Outperform and raises the price target from $19 to $20.

Northland Capital Markets Maintains Outperform on Northern Technologies, Raises Price Target to $20

Northern Technologies International shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results.

Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.17 by 5.88 percent. This is a 260 percent increase over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $20.84 million which missed the analyst consensus estimate of $21.20 million by 1.68 percent. This is a 14.08 percent increase over sales of $18.27 million the same period last year.

Northern Technologies Q2 Adj $0.18 Beats $0.17 Estimate, Sales $20.84M Miss $21.20M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Kore Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KORE#NYSE">KORE</a>) is estimated to report quarterly loss at $0.05 per share on revenue of $77.79 million.
&bull; Fastenal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) is estimated to report quarterly earnings at $0.53 per share on revenue of $1.91 billion.
&bull; Conn&#39;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CONN#NASDAQ">CONN</a>) is likely to report quarterly loss at $1.57 per share on revenue of $422.40 million.
&bull; Northern Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTIC#NASDAQ">NTIC</a>) is expected to report quarterly earnings at $0.17 per share on revenue of $21.20 million.
&bull; CarMax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>) is estimated to report quarterly earnings at $0.47 per share on revenue of $5.79 billion.
&bull; Hooker Furnishings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOFT#NASDAQ">HOFT</a>) is estimated to report quarterly earnings at $0.09 per share on revenue of $99.69 million.
&bull; Lovesac (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOVE#NASDAQ">LOVE</a>) is projected to report quarterly earnings at $1.92 per share on revenue of $265.32 million.
&bull; Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) is estimated to report quarterly earnings at $2.09 per share on revenue of $2.10 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Applied Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) is estimated to report quarterly loss at $0.07 per share on revenue of $51.92 million.
&bull; Argan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGX#NYSE">AGX</a>) is expected to report quarterly earnings at $0.75 per share on revenue of $161.60 million.
&bull; Calamos Glb Total (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGO#NASDAQ">CGO</a>) is expected to report quarterly earnings at $2.76 per share on revenue of $753.10 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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