Wall Street brokerages predict that National Fuel Gas Co. (NYSE:NFG) will report $446.13 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for National Fuel Gas’ earnings. The highest sales estimate is $475.55 million and the lowest is $416.70 million. National Fuel Gas posted sales of $422.50 million during the same quarter last year, which suggests a positive year-over-year growth rate of 5.6%. The firm is scheduled to issue its next earnings report on Thursday, February 1st.

According to Zacks, analysts expect that National Fuel Gas will report full-year sales of $446.13 million for the current year. For the next year, analysts expect that the company will post sales of $1.91 billion per share. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that cover National Fuel Gas.

National Fuel Gas (NYSE:NFG) last released its earnings results on Thursday, November 2nd. The oil and gas producer reported $0.53 EPS for the quarter, hitting analysts’ consensus estimates of $0.53. National Fuel Gas had a net margin of 17.94% and a return on equity of 17.16%. The business had revenue of $286.94 million during the quarter, compared to analysts’ expectations of $325.81 million. During the same quarter in the previous year, the company earned $0.66 earnings per share. The company’s quarterly revenue was down 1.9% on a year-over-year basis.

A number of equities analysts recently issued reports on the stock. BidaskClub lowered shares of National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Jefferies Group reaffirmed a “hold” rating and set a $54.00 price objective (up from $52.00) on shares of National Fuel Gas in a research note on Friday, September 1st. Scotiabank set a $60.00 price objective on National Fuel Gas and gave the stock a “hold” rating in a report on Tuesday, August 22nd. Zacks Investment Research cut National Fuel Gas from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Finally, TheStreet cut National Fuel Gas from a “b-” rating to a “c” rating in a research note on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $60.00.

National Fuel Gas (NFG) opened at $58.80 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.27 and a debt-to-equity ratio of 1.22. National Fuel Gas has a fifty-two week low of $53.03 and a fifty-two week high of $61.25. The company has a market cap of $4,956.06, a P/E ratio of 17.55, a PEG ratio of 9.80 and a beta of 0.95.

Hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of National Fuel Gas by 1.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,836 shares of the oil and gas producer’s stock worth $103,000 after purchasing an additional 34 shares in the last quarter. Cable Hill Partners LLC purchased a new position in shares of National Fuel Gas in the 3rd quarter valued at $119,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in National Fuel Gas by 18.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,878 shares of the oil and gas producer’s stock worth $161,000 after purchasing an additional 445 shares during the last quarter. San Francisco Sentry Investment Group CA purchased a new position in National Fuel Gas during the 2nd quarter worth $168,000. Finally, Oakbrook Investments LLC purchased a new position in National Fuel Gas during the 3rd quarter worth $201,000. 71.55% of the stock is currently owned by institutional investors.

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About National Fuel Gas

National Fuel Gas Company is a holding company. The Company is an energy company engaged principally in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates in five business segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing.

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Earnings History and Estimates for National Fuel Gas (NYSE:NFG)

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