As of Thursday close, NuStar Energy L.P.’s (NYSE:NS) stock was down -$0.24, moving down -1.33 percent to $17.84. The average number of shares traded per day over the past five days has been 1,523,040 shares. 4 times new highs have been achieved over the past 5 days, with a $0.33 gain in that time frame. In the last twenty days, the average volume was 854,545, while in the previous 50 days, it was 673,028.
Since last month, NS stock rose 9.31%. Shares of the company fell to $15.98 on 08/23/23, the lowest level in the past month. A 52-week high of $18.41 was reached on 09/20/23 after having rallying from a 52-week low of $12.80. Since the beginning of this year, NS’s stock price has risen by 11.50% or $1.84, and marked a new high 16 times. However, the stock has declined by -3.07% since its 52-week high.
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Valuation Metrics
Right now, NuStar Energy L.P. (NS) has a P/E ratio of about 22.38. The stock’s beta is 1.77. Besides these, the trailing price-to-sales (P/S) ratio of 1.37, the price-to-book (PB) ratio of 17.49, and the price-to-cash flow ratio of 5.10 may also be considered.
The latest dividend of $0.40 per share was paid out, remained unchanged from last year’s $0.40. On Friday May 1 2020, a $0.20 dividend decrease was announced.
Financial Health
In the three months ended June 29, NuStar Energy L.P.’s quick ratio stood at 0.90, while its current ratio was 0.90, 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 30.02, and the total debt-to-equity ratio was 30.06. On the profitability front, the trailing twelve-month gross margin is 36.60% percent. In the year ended June 29, EBITDA margin amounted to 42.43%, whereas operating margins totaled 31.20%. Based on annual data, NS earned $1.2 billion in gross profit and brought in $1.68 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 12.30%. Return on equity (ROE) for the past 12 months was 58.40%.
In NuStar Energy L.P.’s quarter-end financial report for June 29, it reported total debt of $3.31 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. NS’s revenue fell -0.98% to $285.27 million during the quarter, while net income inched up to $275.37 million. While analysts expected NuStar Energy L.P. to report $0.26 quarterly earnings, the actual figure was $0.09 per share, beating the consensus estimate by -65.40%. During the quarter, the company generated $169.05 million in EBITDA. The liabilities of NuStar Energy L.P. were 3.79 billion at the end of its most recent quarter ended June 29, and its total debt was $3.48 billion. The value of shareholders’ equity is $110.91 million.
Technical Picture
This quick technical analysis looks at NuStar Energy L.P.’s (NS) price momentum. With a historical volatility rate of 14.11%, the RSI 9-day stood at 67.40% on 21 September.
With respect to its five-day moving average, the current NuStar Energy L.P. price is up by +1.88% percent or $0.33. At present, NS shares trade +9.05% above its 20-day simple moving average and +10.95% percent above its 100-day simple moving average. However, the stock is currently trading approximately +3.48% above its SMA50 and +7.53% above its SMA200.
Stochastic coefficient K was 81.87% and Stochastic coefficient D was 90.25%, while ATR was 0.38. Given the Stochastic reading of 68.52% for the 14-day period, the RSI (14) reading has been calculated as 64.10%. As of today, the MACD Oscillator reading stands at 0.37, while the 14-day reading stands at 0.63.
Analyst Ratings
Raymond James upgraded its rating on NuStar Energy L.P. (NYSE: NS) to an Outperform in a note to investors on April 21, 2023. The analysts firm previously had a Mkt perform rating on the stock.NuStar Energy L.P. (NS) has been rated Hold by analysts. According to 1 brokerage firm, NS is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate NuStar Energy L.P. stock as buy, with 1 recommending it as overweight.
With a median target price of $19.00, the current consensus forecast for the stock is $17.00 – $20.00. Based on these forecasts, analysts predict NuStar Energy L.P. (NS) will achieve an average price target of $18.86.
