Profile
Sector:
IndustrialsIndustry:
Aerospace & DefenseCountry:
United StatesIPO:
17 March 1980Website:
http://www.gopresto.comNext earnings report:
13 November 2024Last dividends:
29 February 2024Next dividends:
N/APrice
after hours | 77 min agoAnalysts recommendations
Institutional Ownership
NPK Latest News
National Presto Industries offers reliable long-term investment with steady dividends, strong financials, and rising defense demand despite challenges in household appliances and safety products. NPK's defense segment shows robust growth, with a $935 million military contract backlog and increased sales, driving profitability and solidifying its market position. Despite underperforming the S&P 500 in price growth, NPK's dividends have significantly outpaced the index, providing substantial returns for patient investors.
National Presto (NPK) reports a 7.7% year-over-year sales increase in Q2 2024, driven by strong performance in the Defense segment, despite challenges in Housewares.
Discover why Zacks rates National Presto with a "Neutral" recommendation, being the first on Wall Street to initiate coverage on the stock. Uncover its financial strength, strategic market positioning and growth potential against key challenges in the defense and kitchen appliances sectors.
What type of business is National Presto Industries?
National Presto Industries, Inc. provides housewares and small appliance, defense, and safety products in North America. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand. This segment sells its products directly to retailers, as well as through independent distributors. Its Defense segment manufactures and sells 40mm ammunition, precision mechanical and electro-mechanical products, medium caliber cartridge cases; and metal parts; and detonators, booster pellets, release cartridges, lead azide, and other military energetic devices and materials. This segment primarily serves the United States Department of Defense (DOD) and DOD prime contractors. The company's Safety segment patents machine learning, digital sensors, and cloud-based technology to monitor freezers and refrigerators that detects and alerts users to potential safety issues around pharmaceuticals and food. National Presto Industries, Inc. was founded in 1905 and is based in Eau Claire, Wisconsin.
What sector is National Presto Industries in?
National Presto Industries is in the Industrials sector
What industry is National Presto Industries in?
National Presto Industries is in the Aerospace & Defense industry
What country is National Presto Industries from?
National Presto Industries is headquartered in United States
When did National Presto Industries go public?
National Presto Industries initial public offering (IPO) was on 17 March 1980
What is National Presto Industries website?
https://www.gopresto.com
Is National Presto Industries in the S&P 500?
No, National Presto Industries is not included in the S&P 500 index
Is National Presto Industries in the NASDAQ 100?
No, National Presto Industries is not included in the NASDAQ 100 index
Is National Presto Industries in the Dow Jones?
No, National Presto Industries is not included in the Dow Jones index
When was National Presto Industries the previous earnings report?
No data
When does National Presto Industries earnings report?
The next expected earnings date for National Presto Industries is 13 November 2024