Nustar Energy L P (NYSE: NS)’s stock price has soared by 0.19 in relation to previous closing price of 22.34. Nevertheless, the company has seen a gain of 4.35% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-11 that Recently, Zacks.com users have been paying close attention to NuStar Energy (NS). This makes it worthwhile to examine what the stock has in store.
Is It Worth Investing in Nustar Energy L P (NYSE: NS) Right Now?
The price-to-earnings ratio for Nustar Energy L P (NYSE: NS) is above average at 31.21x. The 36-month beta value for NS is also noteworthy at 1.68. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for NS is 112.46M, and at present, short sellers hold a 2.67% of that float. The average trading volume of NS on April 26, 2024 was 810.60K shares.
NS’s Market Performance
NS’s stock has seen a 4.35% increase for the week, with a -3.16% drop in the past month and a 6.77% gain in the past quarter. The volatility ratio for the week is 2.13%, and the volatility levels for the past 30 days are at 2.34% for Nustar Energy L P The simple moving average for the last 20 days is 1.54% for NS’s stock, with a simple moving average of 17.10% for the last 200 days.
Analysts’ Opinion of NS
Many brokerage firms have already submitted their reports for NS stocks, with JP Morgan repeating the rating for NS by listing it as a “Underweight.” The predicted price for NS in the upcoming period, according to JP Morgan is $19 based on the research report published on January 10, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see NS reach a price target of $17. The rating they have provided for NS stocks is “Neutral” according to the report published on October 06th, 2023.
Raymond James gave a rating of “Outperform” to NS, setting the target price at $20 in the report published on April 21st of the previous year.
NS Trading at -2.04% from the 50-Day Moving Average
After a stumble in the market that brought NS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.79% of loss for the given period.
Volatility was left at 2.34%, however, over the last 30 days, the volatility rate increased by 2.13%, as shares sank -3.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.89% lower at present.
During the last 5 trading sessions, NS rose by +3.37%, which changed the moving average for the period of 200-days by +29.81% in comparison to the 20-day moving average, which settled at $22.21. In addition, Nustar Energy L P saw 20.94% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NS
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.37 for the gross margin
The net margin for Nustar Energy L P stands at 0.16. The total capital return value is set at 0.1. Equity return is now at value 22.85, with 5.54 for asset returns.
Based on Nustar Energy L P (NS), the company’s capital structure generated 1.01 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at -149.25. The interest coverage ratio of the stock is 1.96.
Currently, EBITDA for the company is 724.86 million with net debt to EBITDA at 4.67. When we switch over and look at the enterprise to sales, we see a ratio of 3.82. The receivables turnover for the company is 12.03for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
In summary, Nustar Energy L P (NS) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
