Alert: Negative Fundamental Signals (12/1/23)-NuStar Energy LP (NYSE: NS)


Extremely significant negative changes in NuStar Energy LP (NYSE: NS) fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2023 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, NS is expected to continue to be a Value Builder.

NuStar Energy has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. NuStar Energy has a slightly negative Appreciation Score of 35 but a very high Power Rating of 87, with the High Neutral Value Trend Rating the result.

Recent Price Action

NuStar Energy LP (NYSE: NS) stock closed at $19.18 on 12/1/23 after a modest gain of 0.7%. NORMAL trading volume accompanied the advance. The stock has risen 4.6% during the last week and has been exceptionally strong relative to the market over the last nine months.

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