National Fuel Gas Co (NYSE: NFG) has reported a loss for its third fiscal quarter (ending June 30) of $-0.59 versus $1.01 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $3.47 versus $6.13 for the same period a year ago.
Recent Price Action
National Fuel Gas Co (NYSE: NFG) stock rose slightly by 0.2% on 7/31/24. The stock closed at $58.59. Moreover, this advance was accompanied by unusually high trading volume at 161% of normal. The stock has been strong relative to the market over the last nine months and has risen 2.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NFG is expected to continue to be an important Value Builder.
National Fuel Gas has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. National Fuel Gas has a neutral Power Rating of 60 and a slightly positive Appreciation Score of 62, and the High Neutral Value Trend Rating results.
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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