Northern Technologies (NTIC) Stock Forecast, Price Target & Predictions
NTIC Stock Forecast
Northern Technologies stock forecast is as follows: an average price target of $20.00 (represents a 50.26% upside from NTIC’s last price of $13.31) and a rating consensus of 'Sell', based on 1 wall street analysts offering a 1-year stock forecast.
NTIC Price Target
The average price target for Northern Technologies (NTIC) is $20.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $20.00. This represents a potential 50.26% upside from NTIC's last price of $13.31.
NTIC Analyst Ratings
According to 1 Wall Street analysts, Northern Technologies's rating consensus is 'Sell'. The analyst rating breakdown for NTIC stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 0 'Hold' (0.00%), 1 'Sell' (100.00%), and 0 'Strong Sell' (0.00%).
Northern Technologies Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 12, 2024 | Gus Richard | Northland Securities | $20.00 | $13.75 | 45.45% | 50.26% |
The latest Northern Technologies stock forecast, released on Apr 12, 2024 by Gus Richard from Northland Securities, set a price target of $20.00, which represents a 45.45% increase from the stock price at the time of the forecast ($13.75), and a 50.26% increase from NTIC last price ($13.31).
Northern Technologies Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $20.00 |
| Last Closing Price | $13.31 | $13.31 | $13.31 |
| Upside/Downside | -100.00% | -100.00% | 50.26% |
In the current month, the average price target of Northern Technologies stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Northern Technologies's last price of $13.31. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 26, 2022 | Zacks Investment Research | - | Sell | Downgrade |
Northern Technologies's last stock rating was published by Zacks Investment Research on Apr 26, 2022. The company Downgrade its NTIC rating from "null" to "Sell".
Northern Technologies Financial Forecast
Northern Technologies Revenue Forecast
| Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $20.71M | $20.97M | - | - | $20.25M | $18.96M | - | - | $15.51M | $15.42M | - | - | $10.03M | $9.74M | - | - | $13.45M | - | - | - | - | - |
| Avg Forecast | $25.30M | $24.30M | $22.10M | $22.20M | $22.50M | $23.00M | $21.20M | $21.00M | $21.40M | $20.60M | $20.40M | $19.50M | $19.50M | $19.00M | $17.60M | $16.90M | $15.80M | $14.10M | $12.00M | $12.00M | $10.50M | $10.30M | $13.00M | $15.00M | $15.20M | $6.22M | $8.40M | $9.94M | $4.78M | $3.60M |
| High Forecast | $25.30M | $24.30M | $22.10M | $22.20M | $22.50M | $23.00M | $21.20M | $21.00M | $21.40M | $20.60M | $20.40M | $19.50M | $19.50M | $19.00M | $17.60M | $16.90M | $15.80M | $14.10M | $12.00M | $12.00M | $10.50M | $10.30M | $13.00M | $15.00M | $15.20M | $7.46M | $10.08M | $11.93M | $5.74M | $4.32M |
| Low Forecast | $25.30M | $24.30M | $22.10M | $22.20M | $22.50M | $23.00M | $21.20M | $21.00M | $21.40M | $20.60M | $20.40M | $19.50M | $19.50M | $19.00M | $17.60M | $16.90M | $15.80M | $14.10M | $12.00M | $12.00M | $10.50M | $10.30M | $13.00M | $15.00M | $15.20M | $4.98M | $6.72M | $7.95M | $3.82M | $2.88M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 15 | 18 | 16 | 18 |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 1.02% | - | - | 1.04% | 1.00% | - | - | 0.98% | 1.09% | - | - | 0.96% | 0.95% | - | - | 0.88% | - | - | - | - | - |
Northern Technologies's average Quarter revenue forecast for Dec 23 based on 1 analysts is $21.00M, with a low forecast of $21.00M, and a high forecast of $21.00M. NTIC's average Quarter revenue forecast represents a 1.40% increase compared to the company's last Quarter revenue of $20.71M (Aug 23).
Northern Technologies EBITDA Forecast
| Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 15 | 18 | 16 | 18 |
| EBITDA | - | - | - | - | - | - | - | - | $2.48M | $2.81M | - | - | $1.63M | $1.84M | - | - | $2.47M | $2.62M | - | - | $311.58K | $-483.58K | - | - | $1.30M | - | - | - | - | - |
| Avg Forecast | $2.32M | $2.23M | $2.03M | $2.04M | $2.06M | $2.11M | $1.94M | $1.93M | $1.96M | $1.89M | $1.87M | $1.79M | $1.79M | $1.74M | $1.00M | $1.55M | $1.45M | $1.29M | $776.69K | $1.10M | $962.65K | $944.31K | $1.51M | $1.75M | $1.39M | $1.42M | $1.11M | $1.13M | $1.23M | $490.69K |
| High Forecast | $2.32M | $2.23M | $2.03M | $2.04M | $2.06M | $2.11M | $1.94M | $1.93M | $1.96M | $1.89M | $1.87M | $1.79M | $1.79M | $1.74M | $1.21M | $1.55M | $1.45M | $1.29M | $932.03K | $1.10M | $962.65K | $944.31K | $1.81M | $2.10M | $1.39M | $1.70M | $1.33M | $1.35M | $1.48M | $588.83K |
| Low Forecast | $2.32M | $2.23M | $2.03M | $2.04M | $2.06M | $2.11M | $1.94M | $1.93M | $1.96M | $1.89M | $1.87M | $1.79M | $1.79M | $1.74M | $803.64K | $1.55M | $1.45M | $1.29M | $621.35K | $1.10M | $962.65K | $944.31K | $1.21M | $1.40M | $1.39M | $1.14M | $885.79K | $901.30K | $986.88K | $392.55K |
| Surprise % | - | - | - | - | - | - | - | - | 1.26% | 1.49% | - | - | 0.91% | 1.06% | - | - | 1.70% | 2.03% | - | - | 0.32% | -0.51% | - | - | 0.93% | - | - | - | - | - |
1 analysts predict NTIC's average Quarter EBITDA for Dec 23 to be $1.93M, with a high of $1.93M and a low of $1.93M. This is -22.40% lower than Northern Technologies's previous annual EBITDA (Aug 23) of $2.48M.
Northern Technologies Net Income Forecast
| Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 15 | 18 | 16 | 18 |
| Net Income | - | - | - | - | - | - | - | - | $938.95K | $1.53M | - | - | $957.35K | $1.00M | - | - | $1.65M | $2.05M | - | - | $-1.76M | $-965.22K | - | - | $828.85K | - | - | - | - | - |
| Avg Forecast | $2.20M | $2.40M | $1.80M | $1.70M | $1.90M | $2.40M | $1.70M | $1.80M | $1.80M | $1.90M | $1.80M | $1.10M | $1.30M | $1.50M | $243.79K | $1.80M | $2.10M | $1.30M | $541.44K | $500.78K | $-500.78K | $-600.94K | $291.33K | $1.21M | - | $1.03M | $597.31K | $818.36K | $949.04K | $415.97K |
| High Forecast | $2.20M | $2.40M | $1.80M | $1.70M | $1.90M | $2.40M | $1.70M | $1.80M | $1.80M | $1.90M | $1.80M | $1.10M | $1.30M | $1.50M | $292.56K | $1.80M | $2.10M | $1.30M | $649.72K | $500.78K | $-500.78K | $-600.94K | $349.60K | $1.46M | - | $1.23M | $716.78K | $982.03K | $1.14M | $499.16K |
| Low Forecast | $2.20M | $2.40M | $1.80M | $1.70M | $1.90M | $2.40M | $1.70M | $1.80M | $1.80M | $1.90M | $1.80M | $1.10M | $1.30M | $1.50M | $195.04K | $1.80M | $2.10M | $1.30M | $433.15K | $500.78K | $-500.78K | $-600.94K | $233.06K | $970.04K | - | $820.03K | $477.85K | $654.69K | $759.23K | $332.77K |
| Surprise % | - | - | - | - | - | - | - | - | 0.52% | 0.80% | - | - | 0.74% | 0.67% | - | - | 0.79% | 1.58% | - | - | 3.52% | 1.61% | - | - | - | - | - | - | - | - |
Northern Technologies's average Quarter net income forecast for Dec 23 is $1.80M, with a range of $1.80M to $1.80M. NTIC's average Quarter net income forecast represents a 92.00% increase compared to the company's last Quarter net income of $938.95K (Aug 23).
Northern Technologies SG&A Forecast
| Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 15 | 18 | 16 | 18 |
| SG&A | - | - | - | - | - | - | - | - | $7.99M | $6.87M | - | - | $6.30M | $6.01M | - | - | $5.41M | $5.24M | - | - | $4.25M | $4.70M | - | - | $5.25M | - | - | - | - | - |
| Avg Forecast | $9.00M | $8.64M | $7.86M | $7.89M | $8.00M | $8.18M | $7.54M | $7.47M | $7.61M | $7.32M | $7.25M | $6.93M | $6.93M | $6.76M | $7.32M | $6.01M | $5.62M | $5.01M | $1.98M | $4.27M | $3.73M | $3.66M | $8.84M | $4.94M | $5.40M | $2.50M | $3.19M | $3.17M | $2.24M | $1.67M |
| High Forecast | $9.00M | $8.64M | $7.86M | $7.89M | $8.00M | $8.18M | $7.54M | $7.47M | $7.61M | $7.32M | $7.25M | $6.93M | $6.93M | $6.76M | $8.78M | $6.01M | $5.62M | $5.01M | $2.37M | $4.27M | $3.73M | $3.66M | $10.61M | $5.92M | $5.40M | $3.00M | $3.82M | $3.81M | $2.69M | $2.01M |
| Low Forecast | $9.00M | $8.64M | $7.86M | $7.89M | $8.00M | $8.18M | $7.54M | $7.47M | $7.61M | $7.32M | $7.25M | $6.93M | $6.93M | $6.76M | $5.86M | $6.01M | $5.62M | $5.01M | $1.58M | $4.27M | $3.73M | $3.66M | $7.07M | $3.95M | $5.40M | $2.00M | $2.55M | $2.54M | $1.79M | $1.34M |
| Surprise % | - | - | - | - | - | - | - | - | 1.05% | 0.94% | - | - | 0.91% | 0.89% | - | - | 0.96% | 1.05% | - | - | 1.14% | 1.28% | - | - | 0.97% | - | - | - | - | - |
Northern Technologies's average Quarter SG&A projection for Dec 23 is $7.47M, based on 1 Wall Street analysts, with a range of $7.47M to $7.47M. The forecast indicates a -6.55% fall compared to NTIC last annual SG&A of $7.99M (Aug 23).
Northern Technologies EPS Forecast
| Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | Mar 14 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 15 | 15 | 18 | 16 | 18 |
| EPS | - | - | - | - | - | - | - | - | $0.10 | $0.16 | - | - | $0.10 | $0.11 | - | - | $0.18 | $0.23 | - | - | $-0.19 | $-0.11 | - | - | $0.09 | - | - | - | - | - |
| Avg Forecast | $0.22 | $0.24 | $0.18 | $0.17 | $0.19 | $0.24 | $0.17 | $0.18 | $0.18 | $0.19 | $0.18 | $0.11 | $0.13 | $0.15 | $0.06 | $0.18 | $0.21 | $0.13 | $0.08 | $0.05 | $-0.05 | $-0.06 | $0.16 | $0.13 | - | $0.11 | $0.11 | $0.19 | $0.11 | $0.06 |
| High Forecast | $0.22 | $0.24 | $0.18 | $0.17 | $0.19 | $0.24 | $0.17 | $0.18 | $0.18 | $0.19 | $0.18 | $0.11 | $0.13 | $0.15 | $0.06 | $0.18 | $0.21 | $0.13 | $0.08 | $0.05 | $-0.05 | $-0.06 | $0.19 | $0.16 | - | $0.13 | $0.13 | $0.23 | $0.13 | $0.07 |
| Low Forecast | $0.22 | $0.24 | $0.18 | $0.17 | $0.19 | $0.24 | $0.17 | $0.18 | $0.18 | $0.19 | $0.18 | $0.11 | $0.13 | $0.15 | $0.06 | $0.18 | $0.21 | $0.13 | $0.08 | $0.05 | $-0.05 | $-0.06 | $0.13 | $0.10 | - | $0.09 | $0.09 | $0.15 | $0.09 | $0.05 |
| Surprise % | - | - | - | - | - | - | - | - | 0.56% | 0.84% | - | - | 0.77% | 0.73% | - | - | 0.86% | 1.77% | - | - | 3.80% | 1.83% | - | - | - | - | - | - | - | - |
According to 1 Wall Street analysts, Northern Technologies's projected average Quarter EPS for Dec 23 is $0.18, with a low estimate of $0.18 and a high estimate of $0.18. This represents a 80.00% increase compared to NTIC previous annual EPS of $0.10 (Aug 23).
Northern Technologies Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NTIC | Northern Technologies | $13.31 | $20.00 | 50.26% | Sell |
| ESI | Element Solutions | $28.51 | $35.88 | 25.85% | Buy |
| ECVT | Ecovyst | $8.18 | $9.67 | 18.22% | Buy |
| FUL | H.B. Fuller Company | $76.08 | $85.60 | 12.51% | Buy |
| KWR | Quaker Chemical | $171.63 | $192.50 | 12.16% | Buy |
| MTX | Minerals | $81.69 | $90.00 | 10.17% | Buy |
| SXT | Sensient | $79.16 | $85.00 | 7.38% | - |