Analyzing National Fuel Gas Company (NFG) By Technical Indicators


As of Wednesday close, National Fuel Gas Company’s (NYSE:NFG) stock was down -$0.39, moving down -0.60 percent to $65.15. The average number of shares traded per day over the past five days has been 351,540 shares. 4 times new highs have been achieved over the past 5 days, with a $1.75 gain in that time frame. In the last twenty days, the average volume was 446,820, while in the previous 50 days, it was 510,462.

Since last month, NFG stock retreated -1.17%. Shares of the company fell to $61.84 on 11/04/22, the lowest level in the past month. A 52-week high of $75.97 was reached on 06/08/22 after having rallying from a 52-week low of $57.70. Since the beginning of this year, NFG’s stock price has risen by 1.89% or $1.21, and marked a new high 19 times. However, the stock has declined by -14.24% since its 52-week high.

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NFG stock investors should be aware that National Fuel Gas Company (NFG) stock had its last reported insider trading activity 185 days ago on May 23. KRAEMER RONALD C, the Chief Operating Officer of the company, disposed of 1,390 shares for $70.00 on May 23. It resulted in a $97,306 divestment by the insider. TANSKI RONALD J sold 42,555 shares at an average price of $69.95 on Apr 11. The insider now owns 311,900 shares following the transaction. On Mar 28, Director TANSKI RONALD J sold 42,555 shares at $68.96 apiece. The transaction was valued at $2,934,388.

Valuation Metrics

Right now, National Fuel Gas Company (NFG) has a P/E ratio of about 10.60. The stock’s beta is 0.75. Besides these, the trailing price-to-sales (P/S) ratio of 2.69, the price-to-book (PB) ratio of 2.97.

The latest dividend of $0.4750 per share was paid out, remained unchanged from last year’s $0.4750. On Wednesday June 15 2022, a $0.02 dividend increase was announced.

Financial Health

In the three months ended June 29, National Fuel Gas Company’s quick ratio stood at 0.50, while its current ratio was 0.50, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.04, and the total debt-to-equity ratio was 1.51. On the profitability front, the trailing twelve-month gross margin is 82.10% percent. In the year ended June 29, operating margins totaled 33.80%. Based on annual data, NFG earned $814.52 million in gross profit and brought in $2.19 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.10%. Return on equity (ROE) for the past 12 months was 24.40%.

In National Fuel Gas Company’s quarter-end financial report for June 29, it reported total debt of $2.08 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected National Fuel Gas Company to report $1.48 quarterly earnings, the actual figure was $1.54 per share, beating the consensus estimate by 4.10%. During the quarter, the company generated $271.9 million in EBITDA. The liabilities of National Fuel Gas Company were 5.82 billion at the end of its most recent quarter ended June 29, and its total debt was $3.04 billion. The value of shareholders’ equity is $91.48 million.

Technical Picture

This quick technical analysis looks at National Fuel Gas Company’s (NFG) price momentum. With a historical volatility rate of 18.50%, the RSI 9-day stood at 54.56% on 23 November.

With respect to its five-day moving average, the current National Fuel Gas Company price is up by +2.76% percent or $1.75. At present, NFG shares trade -0.81% below its 20-day simple moving average and +1.10% percent above its 100-day simple moving average. However, the stock is currently trading approximately -8.41% below its SMA50 and +8.87% above its SMA200.

Stochastic coefficient K was 71.12% and Stochastic coefficient D was 51.03%, while ATR was 1.42. Given the Stochastic reading of 83.38% for the 14-day period, the RSI (14) reading has been calculated as 51.70%. As of today, the MACD Oscillator reading stands at 0.69, while the 14-day reading stands at 0.74.

Analyst Ratings

National Fuel Gas Company (NFG) has been rated Overweight by analysts. According to 0 brokerage firms, NFG is a sell, and 2 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate National Fuel Gas Company stock as buy, with 2 recommending it as overweight.

With a median target price of $78.00, the current consensus forecast for the stock is $65.00 – $91.00. Based on these forecasts, analysts predict National Fuel Gas Company (NFG) will achieve an average price target of $76.60.


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