Recent exceptional negative changes in investment behavior have affected NuStar Energy LP (NYSE: NS): negative upside/downside volume developed, and the stock fell on very heavy volume.
Recent significant negative changes in fundamentals have affected NuStar Energy LP (NYSE: NS): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
NS is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
NuStar Energy has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. NuStar Energy has a poor Appreciation Score of 29 but a very high Power Rating of 96, with the Positive Value Trend Rating the result.
Recent Price Action
On 5/1/24, NuStar Energy LP (NYSE: NS) stock declined slightly by -0.9%, closing at $22.37. Moreover, trading volume in this decline was exceptionally high at 241% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.5% during the last week.
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