NuStar Energy (NYSE:NS) Releases Quarterly Earnings Results, Misses Estimates By $0.15 EPS

NuStar Energy (NYSE:NS) issued its quarterly earnings data on Thursday. The pipeline company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.15), Briefing.com reports. The firm had revenue of $390.80 million for 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 firm’s revenue for the quarter was down .8% compared to the same quarter last year.

NuStar Energy Price Performance

Shares of NS stock opened at $21.96 on Friday. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 30.93 and a beta of 1.69. The company’s fifty day moving average price is $22.94 and its 200-day moving average price is $20.58. NuStar Energy has a one year low of $14.70 and a one year 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.

NuStar Energy Dividend Announcement

The company also recently disclosed 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 payout ratio is 225.35%.

Analysts Set New Price Targets

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