For its second fiscal quarter (ending June 30), Natural Resource Partners LP (NYSE: NRP) has reported a -20% decline in E.P.S. from $2.93 a year ago to $2.33 in the current quarter. E.P.S. were $14.71 for the latest four quarters through June 30 versus $16.94 for the same period a year ago — a decline of -13%.
Recent Price Action
Natural Resource Partners LP (NYSE: NRP) stock enjoyed a large increase of 3.7% on 8/7/24. The stock closed at $92.83. Trading volume in this advance was normal. The stock has been strong relative to the market over the last nine months and has risen 3.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NRP is expected to continue to be a major Value Builder.
Natural Resource Partners has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Natural Resource Partners has a neutral Power Rating of 53 but a very high Appreciation Score of 87, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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