Nl Industries Stock Today
| NL Stock | USD 7.64 0.10 1.29% |
Performance17 of 100
| Odds Of DistressLess than 26
|
NL Industries is selling for 7.64 as of the 19th of April 2024. This is a -1.29 percent decrease since the beginning of the trading day. The stock's lowest day price was 7.62. NL Industries has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for NL Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
NL Industries, Inc., through its subsidiary, CompX International Inc., operates in the component products industry in the United States and internationally. NL Industries, Inc. was founded in 1891 and is based in Dallas, Texas. NL Industries operates under Security Protection Services classification in the United States and is traded on New York Stock Exchange. The company has 48.83 M outstanding shares of which 96.56 K shares are now sold short in the market by investors with about 3.14 days to cover all shorted shares. More on NL Industries
Moving together with NL Industries Stock
| 0.9 | ABM | ABM Industries rporated Financial Report 4th of June 2024 | PairCorr |
Moving against NL Industries Stock
| 0.8 | HDSN | Hudson Technologies Financial Report 1st of May 2024 | PairCorr |
| 0.69 | AMBI | Ambipar Emergency Report 10th of May 2024 | PairCorr |
| 0.66 | ACCO | Acco Brands Financial Report 2nd of May 2024 | PairCorr |
| 0.51 | CLVT | CLARIVATE PLC Financial Report 14th of May 2024 | PairCorr |
| 0.43 | MLKN | MillerKnoll Financial Report 10th of July 2024 | PairCorr |
| 0.41 | LNZA | LanzaTech Global Financial Report 20th of May 2024 | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
NL Industries Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NL Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NL Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Robert Graham |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Commercial Services & Supplies, Commercial & Professional Services, Industrials, NYSE Composite, Synthetics, Chemicals Makers, Chemicals, Industrials, Commercial Services & Supplies, Security & Protection Services, Industrials (View all Sectors) |
| Financial Strength Based on the key indicators related to NL Industries' liquidity, profitability, solvency, and operating efficiency, NL Industries is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of NL Industries is based on its profitability, leverage, liquidity, source of funds, and operating efficiency. | |
NL Industries (NL) is traded on New York Stock Exchange in USA. It is located in Three Lincoln Center, Dallas, TX, United States, 75240-2620 and employs 2,751 people. NL Industries is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a market capitalization of 388.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NL Industries's market, we take the total number of its shares issued and multiply it by NL Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NL Industries is active under Commercial Services & Supplies sector as part of Industrials industry. The entity has 48.83 M outstanding shares of which 96.56 K shares are now sold short in the market by investors with about 3.14 days to cover all shorted shares.
NL Industries reports about 68.87 M in cash with 37 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.1.
Check NL Industries Probability Of Bankruptcy
Ownership AllocationNL Industries secures a total of 48.83 Million outstanding shares. NL Industries owns majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 82.99 % of NL Industries outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check NL Industries Ownership Details
NL Industries Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of NL Industries jumping above the current price in 90 days from now is about 12.99%. The NL Industries probability density function shows the probability of NL Industries stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.2714. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, NL Industries will likely underperform. Additionally, nL Industries has an alpha of 0.5671, implying that it can generate a 0.57 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of NL Industries to move above the current price in 90 days from now is about 12.99 (This NL Industries probability density function shows the probability of NL Industries Stock to fall within a particular range of prices over 90 days) .
NL Industries Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. NL Industries market risk premium is the additional return an investor will receive from holding NL Industries long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in NL Industries. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although NL Industries' alpha and beta are two of the key measurements used to evaluate NL Industries' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1446 | |||
| Jensen Alpha | 0.5671 | |||
| Total Risk Alpha | 0.3622 | |||
| Sortino Ratio | 0.2783 |
NL Industries Stock Against Markets
Picking the right benchmark for NL Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NL Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NL Industries is critical whether you are bullish or bearish towards NL Industries at a given time. Please also check how NL Industries' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in NL Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Stocks Directory Now
Stocks DirectoryFind actively traded stocks across global markets |
| All Next | Launch Module |
NL Industries Corporate Directors
NL Industries corporate directors refer to members of a NL Industries board of directors. The board of directors generally takes responsibility for the NL Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of NL Industries' board members must vote for the resolution. The NL Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Cecil Moore | Independent Director | Profile | |
| Terry Worrell | Independent Director | Profile | |
| Meredith Mendes | Independent Director | Profile | |
| Keith Coogan | Director | Profile |
How to buy NL Industries Stock?
Before investing in NL Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NL Industries. To buy NL Industries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of NL Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase NL Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located NL Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased NL Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as NL Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy NL Industries Stock please use our How to Invest in NL Industries guide.
Already Invested in NL Industries?
The danger of trading NL Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NL Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NL Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NL Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether NL Industries is a strong investment it is important to analyze NL Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NL Industries' future performance. For an informed investment choice regarding NL Industries Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for NL Industries Stock analysis
When running NL Industries' price analysis, check to measure NL Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NL Industries is operating at the current time. Most of NL Industries' value examination focuses on studying past and present price action to predict the probability of NL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NL Industries' price. Additionally, you may evaluate how the addition of NL Industries to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |
Is NL Industries' industry 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 NL Industries. If investors know NL Industries 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 NL Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' 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 NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' 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 NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' 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.