Questar Receives Consensus Recommendation of “Hold” from Analysts (NYSE:STR)
Shares of Questar (NYSE:STR) have received an average recommendation of “Hold” from the eight analysts that are presently covering the company, Stock Ratings Network reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $23.80.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Questar in a research note on Wednesday, August 6th. They now have a $23.00 price target on the stock. Analysts at Citigroup Inc. downgraded shares of Questar from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 23rd.
Questar (NYSE:STR) traded up 0.30% during mid-day trading on Wednesday, hitting $23.53. 50,681 shares of the company’s stock traded hands. Questar has a 1-year low of $21.44 and a 1-year high of $24.89. The stock has a 50-day moving average of $22.84 and a 200-day moving average of $23.5. The company has a market cap of $4.124 billion and a P/E ratio of 23.70.
Questar (NYSE:STR) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.23 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.01. The company had revenue of $201.30 million for the quarter, compared to the consensus estimate of $227.20 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. The company’s quarterly revenue was up 2.9% on a year-over-year basis. On average, analysts predict that Questar will post $1.27 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 8th. Shareholders of record on Friday, August 15th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Wednesday, August 13th.
Questar Corporation (NYSE:STR) is a Rockies-based integrated natural gas holding company.