Nustar Energy L.P. Forecasted to Post FY2017 Earnings of $0.82 Per Share (NS)

Nustar Energy L.P. (NYSE:NS) – Investment analysts at US Capital Advisors issued their FY2017 earnings per share estimates for Nustar Energy in a research report issued on Thursday. US Capital Advisors analyst J. Carreker expects that the pipeline company will post earnings per share of $0.82 for the year. US Capital Advisors currently has a “Hold” rating on the stock. US Capital Advisors also issued estimates for Nustar Energy’s Q4 2017 earnings at $0.18 EPS, Q1 2018 earnings at $0.37 EPS, Q2 2018 earnings at $0.39 EPS and FY2018 earnings at $1.45 EPS.

A number of other equities research analysts also recently weighed in on NS. ValuEngine downgraded Nustar Energy from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Zacks Investment Research downgraded Nustar Energy from a “hold” rating to a “sell” rating in a report on Thursday, December 28th. B. Riley set a $31.00 price objective on Nustar Energy and gave the stock a “neutral” rating in a research report on Monday, December 18th. Citigroup raised Nustar Energy from a “neutral” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Tuesday, December 5th. Finally, Stifel Nicolaus set a $32.00 price objective on Nustar Energy and gave the stock a “hold” rating in a research report on Sunday, December 3rd. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the stock. Nustar Energy has a consensus rating of “Hold” and an average target price of $39.33.

Nustar Energy (NYSE:NS) opened at $31.75 on Monday. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.36 and a quick ratio of 0.33. Nustar Energy has a 52-week low of $26.21 and a 52-week high of $55.64. The stock has a market capitalization of $2,950.00, a price-to-earnings ratio of 83.55 and a beta of 1.27.

Nustar Energy (NYSE:NS) last announced its quarterly earnings data on Tuesday, November 7th. The pipeline company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate 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 analyst estimates of $413.81 million. During the same period in the previous year, the business posted $0.49 EPS. Nustar Energy’s revenue for the quarter was down .2% compared to the same quarter last year.

Large investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company boosted its holdings in Nustar Energy by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 2,406 shares of the pipeline company’s stock worth $112,000 after purchasing an additional 163 shares during the last quarter. HighTower Advisors LLC boosted its holdings in Nustar Energy by 6.1% in the second quarter. HighTower Advisors LLC now owns 4,893 shares of the pipeline company’s stock worth $227,000 after purchasing an additional 282 shares during the last quarter. BNP Paribas Arbitrage SA purchased a new position in shares of Nustar Energy during the 3rd quarter worth $217,000. Chicago Partners Investment Group LLC boosted its stake in shares of Nustar Energy by 197.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 5,361 shares of the pipeline company’s stock worth $218,000 after acquiring an additional 3,561 shares during the last quarter. Finally, WFG Advisors LP raised its position in shares of Nustar Energy by 28.5% during the 2nd quarter. WFG Advisors LP now owns 5,621 shares of the pipeline company’s stock valued at $262,000 after purchasing an additional 1,245 shares during the period. Hedge funds and other institutional investors own 57.57% of the company’s stock.

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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.

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