Northern Technologies International Corporation (NTIC)

NTIC Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for NTIC stock has a target of 20, which predicts an increase of 46.84% from the current stock price of 13.62.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$20	$20	$20	$20
Change	+46.84%	+46.84%	+46.84%	+46.84%

Analyst Ratings

According to 1 stock analyst, the rating for NTIC is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	0	0	0	0	0
Buy	1	1	1	1	1
Hold	0	0	0	0	0
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gus Richard Northland Capital Markets	Northland Capital Markets	Buy Maintains $20	Buy	Maintains	$20	+46.84%	Jul 12, 2024
Gus Richard Northland Capital Markets	Northland Capital Markets	Buy Maintains $19 → $20	Buy	Maintains	$19 → $20	+46.84%	Apr 12, 2024
Gus Richard Northland Capital Markets	Northland Capital Markets	Buy Maintains $21 → $20	Buy	Maintains	$21 → $20	+46.84%	Apr 14, 2023
Gus Richard Northland Capital Markets	Northland Capital Markets	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Apr 8, 2020

More Analyst Ratings

Financial Forecast

Revenue This Year

90.37M

Increased by 13.10%

from 79.90M

Revenue Next Year

100.98M

Increased by 11.74%

from 90.37M

EPS This Year

0.80

Increased by 165.20%

from 0.30

EPS Next Year

1.02

Increased by 28.21%

from 0.80

Year	2019	2020	2021	2022	2023	2024	2025
Revenue	55.75M	47.64M	56.49M	74.16M	79.90M	90.37M	100.98M
Revenue Growth	8.41%	-14.55%	18.59%	31.27%	7.75%	13.10%	11.74%
EPS	0.55	-0.15	0.64	0.66	0.30	0.80	1.02
EPS Growth	-23.61%	-	-	3.13%	-54.55%	165.20%	28.21%
Forward PE	-	-	-	-	-	17.12	13.35
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	93.0M	104.0M
Avg	90.4M	101.0M
Low	86.8M	97.0M

Revenue Growth

Revenue Growth	2024	2025
High	16.4%	15.0%
Avg	13.1%	11.7%
Low	8.7%	7.4%

EPS Forecast

EPS	2024	2025
High	0.82	1.05
Avg	0.80	1.02
Low	0.76	0.98

EPS Growth

EPS Growth	2024	2025
High	173.0%	32.0%
Avg	165.2%	28.2%
Low	154.8%	23.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.