NuStar Energy (NS) Set to Announce Earnings on Monday

NuStar Energy (NYSE:NS) will post its quarterly earnings results before the market opens on Monday, January 29th.

NuStar Energy (NYSE:NS) last posted its quarterly earnings results on Tuesday, November 7th. The pipeline company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.12). The company had revenue of $440.60 million during the quarter, compared to the consensus estimate of $413.81 million. NuStar Energy had a return on equity of 6.89% and a net margin of 6.09%. The company’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period last year, the firm posted $0.49 EPS. On average, analysts expect NuStar Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NuStar Energy (NYSE:NS) opened at $34.19 on Monday. The company has a quick ratio of 0.33, a current ratio of 0.36 and a debt-to-equity ratio of 1.77. The company has a market cap of $3,180.79, a P/E ratio of 89.98 and a beta of 1.27. NuStar Energy has a 1-year low of $26.21 and a 1-year high of $55.64.

An institutional investor recently raised its position in NuStar Energy stock. The Manufacturers Life Insurance Company grew its position in shares of NuStar Energy L.P. (NYSE:NS) by 7.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,406 shares of the pipeline company’s stock after purchasing an additional 163 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in NuStar Energy were worth $112,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 57.93% of the company’s stock.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of NuStar Energy from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a report on Wednesday, January 17th. US Capital Advisors cut shares of NuStar Energy from an “overweight” rating to a “hold” rating in a report on Thursday, January 4th. ValuEngine cut shares of NuStar Energy from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. B. Riley set a $31.00 target price on shares of NuStar Energy and gave the company a “neutral” rating in a report on Monday, December 18th. Finally, Citigroup raised shares of NuStar Energy from a “neutral” rating to a “buy” rating and set a $33.00 target price on the stock in a report on Tuesday, December 5th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $39.30.

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NuStar Energy Company Profile

NuStar Energy L.P. is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of petroleum products, and the marketing of petroleum products. The Company’s segments include pipeline, storage and fuels marketing. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia.

Earnings History for NuStar Energy (NYSE:NS)

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