NuStar Energy L.P. (NYSE:NS) finished Wednesday with a subtraction of -$1.03 to close at $15.53, a downside of -6.22 percent. An average of 926,380 shares of common stock have been traded in the last five days. There was a fall of -$2.25 in the past week, and it reached a new high 20 times over the past 12 months. The last 20 days have seen an average of 445,395 shares traded, while the 50-day average volume stands at 359,288.
NS stock has decreased by -9.92% in the last month. The company shares reached their 1-month lowest point of $15.35 on 08/09/23. With the stock rallying to its 52-week high on 07/31/23, shares of the company touched a low of $12.80 and a high of $18.16 in 52 weeks. It has reached a new high 15 times so far this year and lost -2.94% or -$0.47 in price. In spite of this, the price is down -14.48% from the 52-week high.
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Valuation Metrics
NuStar Energy L.P. (NS) has a trailing price-to-earnings (P/E) ratio of 13.04. The stock’s beta is 1.79. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.03, the price-to-book (PB) ratio at 9.77, and the price-to-cash flow ratio at 8.14.
The company has a payout ratio of 445.40%. The company’s most recent quarterly dividend payment was $0.40 a share, without any change from last year. Its latest decrease dividend $0.20 reported on Friday May 1 2020.
Financial Health
The quick ratio of NuStar Energy L.P. for the three months ended June 29 was 0.70, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 17.71 and a total debt to equity ratio of 17.73 for the quarter ending June 29. NuStar Energy L.P.’s EBITDA margin for the year ending June 29 is 42.43%, while its operating margin for the same period stands at 24.50%. Its gross profit as reported stood at $1.2 billion compared to revenue of $1.68 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, NuStar Energy L.P.’s return on assets was 0.80%.
Earnings Surprise
For the three-month period that ended June 29, NuStar Energy L.P. had $3.31 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $46.14 million in the quarter, while revenues were shrunk -28.31%. The analyst consensus anticipated NuStar Energy L.P.’s latest quarter earnings to come in at $0.26 per share, but it turned out to be $0.09, a -65.40% surprise. For the quarter, EBITDA amounted to $169.05 million. Shareholders own equity worth $110.91 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at NuStar Energy L.P. (NS) price momentum. RSI 9-day as of the close on 09 August was 19.09%, suggesting the stock is oversold, with historical volatility in this time frame at 37.77%.
As of today, NS’s price is $16.80 -12.65% or -$2.25 from its 5-day moving average. NS is currently trading -9.92% lower than its 20-day SMA and -0.13% lower than its 100-day SMA. However, the stock’s current price level is -7.12% below the SMA50 and +1.77% above the SMA200.
The stochastic %K and %D were 11.24% and 20.14%, respectively, and the average true range (ATR) was 0.54. With the 14-day stochastic at 6.57% and the average true range at 0.48, the RSI (14) stands at 26.48%. The stock has reached -0.87 on the 9-day MACD Oscillator while the 14-day reading was at -0.87.
Analyst Ratings
Raymond James upgraded NuStar Energy L.P. (NYSE: NS) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a Mkt perform. The consensus rating for NuStar Energy L.P. (NS) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell NS, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 1 others rate it as a “buy”.
What is NS’s price target for the next 12 months?
Analysts predict a range of price targets between $17.00 and $21.00, with a median target of $19.00. Taking a look at these predictions, the average price target given by analysts for NuStar Energy L.P. (NS) stock is $19.00.
