NuStar Energy (NYSE:NS) Announces Quarterly Earnings Results

NuStar Energy (NYSE:NS) announced its quarterly earnings data on Thursday. The pipeline company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.15), Briefing.com reports. The firm had revenue of $390.80 million during the quarter, compared to the consensus estimate of $413.12 million. NuStar Energy had a net margin of 12.90% and a return on equity of 88.49%. The company’s revenue for the quarter was down .8% on a year-over-year basis.

NuStar Energy Price Performance

Shares of NS stock remained flat at $21.96 on Friday. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 30.93 and a beta of 1.69. NuStar Energy has a fifty-two week low of $14.70 and a fifty-two week high of $24.50. The company has a debt-to-equity ratio of 12.93, a current ratio of 0.81 and a quick ratio of 0.76. The business has a 50-day simple moving average of $22.94 and a 200-day simple moving average of $20.56.

NuStar Energy Dividend Announcement

The company also recently declared a None dividend, which was paid on Thursday, May 2nd. Stockholders of record on Friday, April 26th were given a dividend of $0.212 per share. The ex-dividend date was Thursday, April 25th. NuStar Energy’s dividend payout ratio is 225.35%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Stifel Nicolaus reaffirmed a “hold” rating and set a $23.00 price target (up previously from $20.00) on shares of NuStar Energy in a research note on Wednesday, January 24th. JPMorgan Chase & Co. restated an “underweight” rating and set a $19.00 target price on shares of NuStar Energy in a research report on Wednesday, January 10th. StockNews.com assumed coverage on shares of NuStar Energy in a report on Monday, April 29th. They set a “buy” rating for the company. Wells Fargo & Company upgraded shares of NuStar Energy from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $18.00 to $21.00 in a research report on Tuesday, January 23rd. Finally, Raymond James restated a “market perform” rating on shares of NuStar Energy in a research report on Tuesday, February 20th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $19.33.

NuStar Energy Company Profile

NuStar Energy L.P. engages in the transportation, terminalling, and storage of petroleum products and renewable fuels, and transportation of anhydrous ammonia in the United States and internationally. It operates through three segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment engages in the transportation of refined products, crude oil, and anhydrous ammonia.