NorthWestern Corp (NASDAQ: NWE) has reported earnings for its second fiscal quarter (ending June 30) of $0.52 versus $0.32 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $3.43 versus $3.01 for the same period a year ago.
Recent Price Action
NorthWestern Corp (NASDAQ: NWE) stock increased 1.2% on 7/30/24. The shares closed at $53.51. Moreover, trading volume in this advance was above average at 123% of normal. The stock has performed in line with the market over the last nine months and has risen 0.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, NWE is expected to continue to be a Value Builder.
NorthWestern has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. NorthWestern has a slightly positive Appreciation Score of 60 and a neutral Power Rating of 47, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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