A supplier of measurement and automation products that engineers and scientists use in a range of industries. The Company provides application software and modular, multifunction hardware that users combine with industry-standard computers, networks.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
National Instruments (NATI) designs, develops, manufactures and markets instrumentation and automation software and hardware for general commercial, industrial and scientific applications. With operations spanning across 90 countries and products offering over 100, NATI derives around 46% of the revenues from US operations with Europe and the Asia-Pacific region contributing for the remainder.
Strong demand from the military, medical, security, power supplies and aerospace markets has propelled growth in the just concluded quarter, endorsing which, its revenues grew 16% over the year-ago period. Going ahead, a positive growth in software and hardware products, including data acquisition, and modular instruments is being anticipated, thus creating an upbeat operating environment for the company.
Strategically moving, the company is in the process of rolling out new products in line with market requirements, to counter increasing competition. With enhanced focus on high-growth segments and industrial and machine control, it is also expanding its distribution channel to cater to its growing customer base. The launch of its Dual-Core embedded controller in mid-2006, improving the performance of multi-threaded applications, will come handy in supporting its top-line in 2007.
Encouragingly, with the Asian markets providing tremendous growth opportunities for the industry, as end-markets in the regions have witnessed a boom, the company is pretty aggressive on expanding operations in these emerging markets. With the technical expertise of employees in the Asian region improving at a rapid pace, a low-cost regime can be anticipated, if manufacturing centers are relocated.
Moving forward, a growing semiconductor and aerospace industry is well poised to inflate the National Instruments’ fortunes. Also, its diversified base of 25,000 customers softens any adverse outcome relating to any particular industry. All these aspects render significant scope to enhance shareholder value, thereby giving the stock an ample room to prove a point.