NorthWestern Corp (NASDAQ: NWE) has reported earnings for its third fiscal quarter (ending September 30) of $0.76 versus $0.48 for the same period a year ago — an increase of 58%. For the latest four quarters through September 30, E.P.S. were $3.71 versus $3.01 for the same period a year ago — an increase of 23%.
Recent Price Action
NorthWestern Corp (NASDAQ: NWE) stock increased 1.6% on 10/28/24. The shares closed at $55.34. Moreover, trading volume in this advance was above average at 133% of normal. Relative to the market the stock has been strong over the last nine months but has declined -2.0% 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 B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. NorthWestern has a slightly positive Appreciation Score of 60 and a good Power Rating of 75, 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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