The stock of NuStar Energy L.P. (NYSE:NS) increased by $0.03 on Friday to finish at $15.59, up 0.19 percent. The last five days have seen an average of 1,059,600 shares of common stock traded. 15 times new highs were reached in the current year, with a fall of -$0.41. The average number of shares traded over the last 20 days was 496,530, while the average volume over the last 50 days totaled 383,188.
NS stock dropped -10.97% since last month. On 08/09/23, the company’s shares reached a one-month low of $15.35. The stock touched a high of $18.16 on 07/31/23, after rallying from a low of $12.80 in 52 weeks. The price of NS stock has declined by -2.56% or -$0.41 this year, reaching a new high 15 times. Still, the stock price is down -14.15% from the 52-week high.
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Insider Transactions
NS stock investors should be aware that NuStar Energy L.P. (NS) stock had its last reported insider trading activity 361 days ago on Aug 18. On Aug 18, Director GREEHEY WILLIAM E acquired 110,299 shares at $15.81 each. This transaction resulted in the insider spending $1,744,279.
Valuation Metrics
NuStar Energy L.P. (NS) has a trailing price-to-earnings (P/E) ratio of 19.56. Beta for the stock is 1.80. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.07, the price-to-book (PB) ratio of 15.28, and the price-to-cash flow ratio of 3.98.
Company paid $0.40 per share in dividends, remained unchanged from $0.40 last year. A $0.20 dividend decrease was reported on Friday May 1 2020.
Financial Health
For the recent quarter, NuStar Energy L.P.’s quick ratio was 0.90, while its current ratio was 0.90, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 30.02, and the total debt to equity ratio is 30.06. As far as profitability goes, gross margin for the trailing twelve months is 36.60% percent. NuStar Energy L.P.’s EBITDA margin for the recent year was 42.43%, whereas its operating margin stood at 31.20% for the same period. Based on annual data, it had gross profit of $1.2 billion and revenue of $1.68 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. NS’s return on assets (ROA) during the last 12 months has been 1.80%. There was a 12.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 58.40%.
Earnings Surprise
A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $275.37 million, while revenues fell by -0.98% to $285.27 million. EBITDA was $169.05 million for the quarter. At the end of NuStar Energy L.P.’s most recent quarter, its liabilities totaled 3.79 billion, while its total debt was $3.48 billion. Equity owned by shareholders amounts to $110.91 million.
Technical Picture
Here’s a quick look at NuStar Energy L.P.’s (NS) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 21.04%, suggesting the stock is oversold, with a 30.71% historical volatility rate.
The stochastic %K and %D were 7.64% and 9.68% respectively, while the average true range (ATR) was 0.52. Based on the 14-day stochastic reading of 8.70%, the RSI (14) reading is 27.78%. On the 9-day MACD Oscillator, the stock is at -1.20, and the 14-day reading is at -1.45.
Analyst Ratings
In its most recent analyst report, Raymond James raised its rating on NuStar Energy L.P. (NYSE: NS) to an Outperform. Prior to this, analysts firm rated the stock as a Mkt perform. Analysts have assigned NuStar Energy L.P. (NS) an Hold rating. NS is a stock that is recommended for selling by 1 brokerage firm, while 3 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 1 other recommend it as a buy.
What is NS’s price target for the next 12 months?
The current consensus forecast for the stock is between $17.00 and $20.00, with a median target price of $19.00. In analyzing these forecasts, the average price target given by analysts for NuStar Energy L.P. (NS) is $18.86.
