Shares of NuStar Energy L.P. (NYSE:NS) have been assigned a consensus recommendation of “Hold” from the nine analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and eight have issued a hold recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $27.00.
Several analysts have recently issued reports on the company. ValuEngine raised NuStar Energy from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Bank of America assumed coverage on NuStar Energy in a report on Friday, January 11th. They set a “neutral” rating and a $27.00 price objective on the stock. US Capital Advisors reaffirmed a “hold” rating on shares of NuStar Energy in a report on Wednesday, January 16th. Zacks Investment Research cut NuStar Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, January 21st. Finally, JPMorgan Chase & Co. cut NuStar Energy from a “neutral” rating to an “underweight” rating and set a $28.00 price objective on the stock. in a report on Wednesday, March 13th.
In related news, CFO Thomas R. Shoaf sold 7,044 shares of the stock in a transaction on Tuesday, February 19th. The stock was sold at an average price of $26.50, for a total transaction of $186,666.00. Following the sale, the chief financial officer now owns 83,389 shares in the company, valued at approximately $2,209,808.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Amy L. Perry sold 4,080 shares of the stock in a transaction on Wednesday, February 13th. The shares were sold at an average price of $25.62, for a total value of $104,529.60. Following the sale, the executive vice president now owns 35,271 shares in the company, valued at approximately $903,643.02. The disclosure for this sale can be found here. Insiders have sold a total of 19,424 shares of company stock worth $514,283 in the last 90 days. 8.90% of the stock is currently owned by insiders.
Shares of NYSE:NS traded up $0.08 during mid-day trading on Friday, reaching $27.74. 6,940 shares of the company traded hands, compared to its average volume of 300,040. The company has a market cap of $2.98 billion, a PE ratio of 41.44 and a beta of 1.78. The company has a current ratio of 0.63, a quick ratio of 0.55 and a debt-to-equity ratio of 1.38. NuStar Energy has a 52 week low of $19.81 and a 52 week high of $29.12.
NuStar Energy (NYSE:NS) last announced its quarterly earnings data on Thursday, January 31st. The pipeline company reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.07). NuStar Energy had a net margin of 10.49% and a return on equity of 34.39%. The company had revenue of $509.31 million for the quarter, compared to the consensus estimate of $463.69 million. Equities research analysts predict that NuStar Energy will post 1.11 earnings per share for the current fiscal year.
NuStar Energy Company Profile
NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products. The company also engages in the transportation of petroleum products and anhydrous ammonia. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment transports refined petroleum products, crude oil, and anhydrous ammonia.
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