For its first fiscal quarter (ending March 31), Northwest Natural Holding Co (NYSE: NWN) has reported a -16% decline in E.P.S. from $2.01 a year ago to $1.69 in the current quarter. Relative to the consensus estimate of $2.15, this was a shortfall of $-0.47. E.P.S. were $2.34 for the latest four quarters through March 31 versus $2.90 for the same period a year ago — a decline of -19%.
Recent Price Action
On 5/6/24, Northwest Natural Holding Co (NYSE: NWN) stock declined modestly by -2.0%, closing at $37.86. NORMAL trading volume accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -1.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, NWN is expected to continue to be a Value Builder.
Northwest Natural Holding has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Northwest Natural Holding has a neutral Appreciation Score of 51 but a poor Power Rating of 28, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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