Press coverage about NuStar GP (NYSE:NSH) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. NuStar GP earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave news stories about the pipeline company an impact score of 46.1803521394242 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of NuStar GP (NSH) traded up $0.05 during trading hours on Monday, hitting $12.60. 156,753 shares of the company were exchanged, compared to its average volume of 369,853. The stock has a market cap of $539.06, a P/E ratio of 6.27 and a beta of 1.02. NuStar GP has a 52 week low of $12.35 and a 52 week high of $29.85.
NuStar GP (NYSE:NSH) last issued its quarterly earnings results on Thursday, February 8th. The pipeline company reported $0.17 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.12). The company had revenue of $10.30 million during the quarter, compared to analysts’ expectations of $12.68 million. NuStar GP had a return on equity of 23.49% and a net margin of 168.31%. analysts anticipate that NuStar GP will post 1.42 EPS for the current fiscal year.
A number of research firms have issued reports on NSH. Zacks Investment Research downgraded shares of NuStar GP from a “buy” rating to a “hold” rating in a report on Saturday, February 17th. Mizuho set a $16.00 price target on shares of NuStar GP and gave the stock a “hold” rating in a report on Friday, February 9th. Citigroup downgraded shares of NuStar GP from a “buy” rating to a “neutral” rating in a report on Friday, February 2nd. ValuEngine downgraded shares of NuStar GP from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, B. Riley started coverage on shares of NuStar GP in a report on Friday, January 26th. They issued a “buy” rating and a $20.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $20.50.
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About NuStar GP
NuStar GP Holdings, LLC holds interests in NuStar Energy L.P. (NuStar Energy). NuStar Energy is engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling and storage of petroleum products and the marketing of petroleum products. NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St.
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