NuStar Energy (NYSE:NS) was downgraded by investment analysts at US Capital Advisors from an “overweight” rating to a “hold” rating in a research report issued on Thursday, January 4th. US Capital Advisors also issued estimates for NuStar Energy’s Q3 2018 earnings at $0.33 EPS, Q4 2018 earnings at $0.35 EPS and FY2019 earnings at $1.63 EPS.

A number of other research firms have also recently commented on NS. Citigroup decreased their target price on shares of NuStar Energy from $51.00 to $42.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 10th. Stifel Nicolaus reaffirmed a “hold” rating and set a $42.00 price objective on shares of NuStar Energy in a report on Thursday, October 12th. UBS Group cut their price objective on shares of NuStar Energy from $50.00 to $43.00 and set a “buy” rating for the company in a report on Tuesday, October 17th. Mizuho reaffirmed a “hold” rating and set a $47.00 price objective on shares of NuStar Energy in a report on Friday, October 20th. Finally, Barclays cut their price objective on shares of NuStar Energy from $44.00 to $40.00 and set an “equal weight” rating for the company in a report on Wednesday, November 8th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $39.40.

NuStar Energy (NYSE NS) traded down $0.55 on Thursday, reaching $33.13. 171,801 shares of the company’s stock traded hands, compared to its average volume of 459,903. NuStar Energy has a 1-year low of $26.21 and a 1-year high of $55.64. 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 $3,241.27, a PE ratio of 88.63 and a beta of 1.27.

NuStar Energy (NYSE:NS) last released its 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). NuStar Energy had a return on equity of 6.89% and a net margin of 6.09%. The firm had revenue of $440.60 million for the quarter, compared to the consensus estimate of $413.81 million. During the same quarter in the previous year, the business posted $0.49 EPS. NuStar Energy’s revenue was down .2% on a year-over-year basis. research analysts forecast that NuStar Energy will post 0.83 earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of NS. Sumitomo Mitsui Trust Holdings Inc. purchased a new position in NuStar Energy during the second quarter worth $746,000. Keybank National Association OH boosted its stake in NuStar Energy by 1.5% during the second quarter. Keybank National Association OH now owns 6,777 shares of the pipeline company’s stock worth $316,000 after buying an additional 102 shares during the period. Oppenheimer & Co. Inc. boosted its stake in NuStar Energy by 2.2% during the second quarter. Oppenheimer & Co. Inc. now owns 21,813 shares of the pipeline company’s stock worth $1,017,000 after buying an additional 461 shares during the period. JPMorgan Chase & Co. boosted its stake in NuStar Energy by 10.5% during the second quarter. JPMorgan Chase & Co. now owns 1,512,888 shares of the pipeline company’s stock worth $70,545,000 after buying an additional 143,313 shares during the period. Finally, Ffcm LLC boosted its stake in NuStar Energy by 230.9% during the second quarter. Ffcm LLC now owns 2,412 shares of the pipeline company’s stock worth $115,000 after buying an additional 1,683 shares during the period. 57.70% of the stock is owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for NuStar Energy (NYSE:NS)

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