NuStar Energy L.P. (NYSE:NS) has a beta of 2.58. The stock’s Relative Strength Index (RSI) is 54.28, with weekly volatility at 2.31% and ATR at 0.59. The NS stock’s 52-week price range has touched low of $9.47 and a $20.25 high. Its shares traded higher over the last trading session, gaining 0.32% on 05/27/21. The shares fell to a low of $18.33 before closing at $18.56. Intraday shares traded counted 0.62 million, which was -13.78% lower than its 30-day average trading volume of 549.13K. NS’s previous close was $18.50 while the outstanding shares total 109.51M.
Investors have identified the Oil & Gas Midstream company NuStar Energy L.P. 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 $2.01 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.
NuStar Energy L.P. (NS) 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. For NS, the company has in raw cash 28.25 million on their books with 3.52 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 182.75 million total, with 224.87 million as their total liabilities.
NS were able to record 105.19 million as free cash flow during the 08/10/2021 quarter of the year, this saw their quarterly net cash flow reduce by -125.38 million. In cash movements, the company had a total of 145.66 million as operating cash flow.
Potential earnings growth for NuStar Energy L.P. (NS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/10/2021 quarter of the year, NuStar Energy L.P. recorded a total of 361.65 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -8.61% coming in sequential stages and their sales for the 08/10/2021 quarter reducing by -6.91%.
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 81.11 million trying to sell their products during the last quarter, with the result yielding a gross income of 280.53 million. This allows shareholders to hold on to 109.51M with the recently reported earning now reading 0.39 cents per share. This is a figure that compared to analyst’s prediction for their 08/10/2021 (0.05 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.42 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 NS sounds very interesting.
Is the stock of NS attractive?
In related news, EVP-Bus Dev & Engineering, Oliver Daniel S. sold 7,150 shares of the company’s stock in a transaction that recorded on Feb 11. The sale was performed at an average price of 16.80, for a total value of 120,120. As the sale deal closes, the SVP and Controller, del Alamo Jorge A. now sold 6,527 shares of the company’s stock, valued at 105,074. Also, Director, Hill Dan J bought 5,000 shares of the company’s stock in a deal that was recorded on Sep 28. The shares were price at an average price of 10.00 per share, with a total market value of 50,000. Following this completion of acquisition, the Director, LeBlanc-Burley Jelynne now holds 5,364 shares of the company’s stock, valued at 66,916. In the last 6 months, insiders have changed their ownership in shares of company stock by 10.10%.
3 out of 12 analysts covering the stock have rated it a Buy, while 9 have maintained a Hold recommendation on NuStar Energy L.P.. 0 analysts has assigned a Sell rating on the NS stock. The 12-month mean consensus price target for the company’s shares has been set at $19.40.