NuStar Energy (NYSE:NS) has been given a $26.00 price target by analysts at Stifel Nicolaus in a note issued to investors on Friday. The brokerage currently has a “hold” rating on the pipeline company’s stock. Stifel Nicolaus’ price objective would suggest a potential upside of 7.04% from the stock’s current price.
NS has been the topic of a number of other research reports. Zacks Investment Research raised shares of NuStar Energy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 14th. ValuEngine downgraded shares of NuStar Energy from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Citigroup raised shares of NuStar Energy from a “neutral” rating to a “buy” rating and set a $33.00 target price on the stock in a research note on Tuesday, December 5th. US Capital Advisors downgraded shares of NuStar Energy from an “overweight” rating to a “hold” rating in a research note on Thursday, January 4th. Finally, B. Riley set a $31.00 target price on shares of NuStar Energy and gave the company a “hold” rating in a research note on Thursday. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company. NuStar Energy currently has a consensus rating of “Hold” and a consensus target price of $35.44.
NuStar Energy (NS) opened at $24.29 on Friday. NuStar Energy has a one year low of $22.79 and a one year high of $54.90. The company has a quick ratio of 0.33, a current ratio of 0.36 and a debt-to-equity ratio of 1.77. The company has a market cap of $2,259.77, a price-to-earnings ratio of 35.20 and a beta of 1.19.
NuStar Energy (NYSE:NS) last issued its earnings results on Thursday, February 8th. The pipeline company reported $0.00 EPS for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.17). NuStar Energy had a net margin of 8.16% and a return on equity of 8.72%. The business had revenue of $450.50 million during the quarter, compared to analysts’ expectations of $435.46 million. During the same period in the prior year, the business posted $0.31 EPS. The business’s revenue was down 4.5% on a year-over-year basis. sell-side analysts forecast that NuStar Energy will post 1.33 earnings per share for the current year.
Institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. increased its stake in NuStar Energy by 42.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 17,282 shares of the pipeline company’s stock worth $806,000 after buying an additional 5,131 shares during the period. Rockefeller Financial Services Inc. purchased a new stake in NuStar Energy during the 3rd quarter worth $765,000. ING Groep NV increased its stake in NuStar Energy by 95.8% during the 3rd quarter. ING Groep NV now owns 494,512 shares of the pipeline company’s stock worth $20,072,000 after buying an additional 242,000 shares during the period. Adams Asset Advisors LLC increased its stake in NuStar Energy by 4.4% during the 3rd quarter. Adams Asset Advisors LLC now owns 154,910 shares of the pipeline company’s stock worth $6,287,000 after buying an additional 6,507 shares during the period. Finally, Bank of Montreal Can increased its stake in NuStar Energy by 25.7% during the 4th quarter. Bank of Montreal Can now owns 1,419,363 shares of the pipeline company’s stock worth $42,510,000 after buying an additional 290,324 shares during the period. 57.62% of the stock is currently owned by hedge funds and other institutional investors.
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NuStar Energy Company Profile
NuStar Energy L.P. is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of petroleum products, and the marketing of petroleum products. The Company’s segments include pipeline, storage and fuels marketing. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia.
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