The National Fuel Gas Company (NYSE:NFG) went down by -3.32% in Wednesday’s trading session, a fall equivalent to -$1.2 from pervious market close price. The lowest point that the shares touched during the trading session was $33.12, while the peak of the day was recorded at a share price of $36.70. NFG finished the previous session at $36.13 according to the data provided by Barchart, while the trading volume was observed to be $1.06 million.
In the 100 days of trading, NFG managed to top a 43.23% Moving average. Additionally, National Fuel Gas Company shares have achieved a 52-week range between 31.58 and 61.71 alongside 100 days raw stochastic set at 20.78%.
The number of shares outstanding, according to the fundamentals of the company, is set at 90.37M, equal to the value of $3.16B in market capitalization. In the last 30 days, National Fuel Gas Company shares went down by -16.15%, adding 41.66 to growth in value, on top of a +10.61% boost since 02/25/20.
National Fuel Gas Company (NYSE:NFG) Analyst’s Estimates
National Fuel Gas Company (NFG) could record at least $1.05 per share in quarterly earnings in the upcoming report on 04/30/2020, a number that would actually represent an increase of 2.74 YOY.
According to the average analyst rating, National Fuel Gas Company would be rated as Hold. Out of 5 different analysts monitoring NFG stock, 1 analysts rate the stock as a BUY, 4 suggest to give the rating of HOLD, 0 indicate that NFG is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On October 15, 2019, the stock earned a Upgrade rating due to a new analyst call from Jefferies, while analysts from Citigroup believe that the stock is set at Neutral, as concluded on March 07, 2018. Jefferies, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on February 05, 2018.
Sidoti, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on October 12, 2017, giving the stock a Neutral rating.
NFG Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +35.57% has been attained, while the operating margin has been recorded at +30.32%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 4.87%. Beta value of the stock is recorded at 0.60. Additionally, National Fuel Gas Company is recording price volatility of 8.50% for the period of the last seven days and 8.25% in the last 30 days.
National Fuel Gas Company (NYSE:NFG) Technical Outlook
For the period of the last 50 days, National Fuel Gas Company had its Raw Stochastic average set at 23.66% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 33.23%. Stochastic %K for National Fuel Gas Company, with the last 20 days included, was set at 30.99%, having Stochastic %D topping 23.32%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for National Fuel Gas Company stocks with recording -24.95% in metrics.
National Fuel Gas Company Insider Watch:
Similarly, 80.54% of the company’s float is held by institutions – and there are 465 institutions in total holding shares of this company. The top three institutional holders of NFG stocks are: State Street Corporation with ownership of $420.8 million, which is approximately 9041697 of the company’s shares; Blackrock Inc., holding 8603637 shares of the stock with an approximate value of $400.41 million; and Vanguard Group, Inc. (The), currently with more than 8420713 shares of the company valued at $391.9 million. Positions in National Fuel Gas Company stocks held by institutional investors has been changing actively in the past six months, a period during which there were 51 insider purchases amounting to 207537 shares. Similarly, there were 2 sale transactions amounting to 14128 shares, with the net shares purchased during the last six months reaching 193,409.