NorthWestern Corporation (NASDAQ:NWE) has a beta of 0.46, a 12-month trailing P/E ratio of 19.20, and a growth ratio of 4.31. The stock’s Relative Strength Index (RSI) is 36.90, with weekly volatility at 1.78% and ATR at 1.40. The NWE stock’s 52-week price range has touched low of $47.43 and a $70.80 high. Its shares traded higher over the last trading session, gaining 0.56% on 05/20/21. The shares fell to a low of $62.89 before closing at $63.31. Intraday shares traded counted 0.45 million, which was -44.99% lower than its 30-day average trading volume of 313.38K. NWE’s previous close was $62.96 while the outstanding shares total 50.63M.
Investors have identified the Utilities – Diversified company NorthWestern Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.04 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
NorthWestern Corporation (NWE) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 358.71 million total, with 386.45 million as their total liabilities.
NWE were able to record -12.26 million as free cash flow during the 07/27/2021 quarter of the year, this saw their quarterly net cash flow reduce by 4.79 million. In cash movements, the company had a total of 65.6 million as operating cash flow.
Potential earnings growth for NorthWestern Corporation (NWE)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/27/2021 quarter of the year, NorthWestern Corporation recorded a total of 400.8 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 16.35% coming in sequential stages and their sales for the 07/27/2021 quarter increasing by 21.8%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 319.82 million trying to sell their products during the last quarter, with the result yielding a gross income of 80.98 million. This allows shareholders to hold on to 50.63M with the recently reported earning now reading 1.25 cents per share. This is a figure that compared to analyst’s prediction for their 07/27/2021 (1.26 cents a share).
Having a look at the company’s valuation, the company is expected to record 3.70 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on NWE sounds very interesting.
Is the stock of NWE attractive?
In related news, Director, HORSFALL JAN ROBERT sold 2,200 shares of the company’s stock in a transaction that recorded on May 14. The sale was performed at an average price of 65.15, for a total value of 143,330. As the sale deal closes, the Director, Clark Anthony Thomas now sold 2,472 shares of the company’s stock, valued at 164,660. Also, General Counsel & VP, Heather H. Grahame sold 3,450 shares of the company’s stock in a deal that was recorded on Apr 26. The shares were price at an average price of 67.41 per share, with a total market value of 232,564. Following this completion of acquisition, the Vice President – Distribution, Pohl Curtis T now holds 3,500 shares of the company’s stock, valued at 211,295. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.50%.
4 out of 8 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on NorthWestern Corporation. 0 analysts has assigned a Sell rating on the NWE stock. The 12-month mean consensus price target for the company’s shares has been set at $70.50.