Press coverage about NuStar GP (NYSE:NSH) has trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. NuStar GP earned a news impact score of 0.11 on Accern’s scale. Accern also gave headlines about the pipeline company an impact score of 44.8921157371575 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
NSH has been the subject of a number of analyst reports. Citigroup raised shares of NuStar GP from a “neutral” rating to a “buy” rating and set a $17.00 price objective for the company in a research note on Tuesday, December 5th. Zacks Investment Research cut shares of NuStar GP from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 13th. ValuEngine cut shares of NuStar GP from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. B. Riley initiated coverage on shares of NuStar GP in a research note on Friday, January 26th. They issued a “buy” rating and a $20.00 price objective for the company. Finally, Mizuho set a $16.00 price objective on shares of NuStar GP and gave the stock a “hold” rating in a research note on Friday, February 9th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $19.63.
NSH traded down $0.15 during trading on Monday, hitting $11.40. 136,701 shares of the company traded hands, compared to its average volume of 429,524. The stock has a market capitalization of $496.11, a price-to-earnings ratio of 5.70 and a beta of 1.23. NuStar GP has a 1 year low of $10.40 and a 1 year high of $28.60.
NuStar GP (NYSE:NSH) last posted its earnings results on Thursday, February 8th. The pipeline company reported $0.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.12). The company had revenue of $10.30 million for the quarter, compared to analysts’ expectations of $12.68 million. NuStar GP had a net margin of 168.31% and a return on equity of 23.82%.
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NuStar GP Company Profile
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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