For its third fiscal quarter (ending September 30), NuStar Energy LP (NYSE: NS) has reported a -135% decline in E.P.S. from $0.20 a year ago to $-0.07 in the current quarter. This performance was $-0.32 short of the consensus estimate of $0.25. E.P.S. were $0.52 for the latest four quarters through September 30 versus $0.37 for the same period a year ago — an increase of 41%.
Recent Price Action
On 11/2/23, NuStar Energy LP (NYSE: NS) stock enjoyed a large increase of 4.9%, closing at $17.83. The stock has risen 3.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
NS is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
NuStar Energy has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. NuStar Energy has a slightly negative Appreciation Score of 37 but a very high Power Rating of 86, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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