NorthWestern (NASDAQ:NWE) Receives Buy (B-) Rating from Weiss Ratings

Key Points

• NorthWestern (NASDAQ:NWE) received a restated "buy (B-)" rating from Weiss Ratings in a note to investors, indicating positive outlook from analysts.
• The company reported $0.40 earnings per share for the last quarter, surpassing analysts' expectations of $0.38, with a net margin of 14.76% and revenue of $342.70 million.
• As of Wednesday, NorthWestern's stock opened at $59.00, with a 12-month high of $59.89 and a market capitalization of $3.62 billion.

NorthWestern (NASDAQ:NWE - Get Free Report)'s stock had its "buy (b-)" rating restated by equities researchers at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

NorthWestern Stock Performance

Shares of NWE opened at $59.00 on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.52 and a current ratio of 0.75. NorthWestern has a twelve month low of $50.43 and a twelve month high of $59.89. The firm has a 50 day moving average of $56.77. The company has a market capitalization of $3.62 billion, a price-to-earnings ratio of 16.08, a P/E/G ratio of 2.39 and a beta of 0.39.

NorthWestern (NASDAQ:NWE - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.38 by $0.02. NorthWestern had a net margin of 14.76% and a return on equity of 7.30%. The firm had revenue of $342.70 million for the quarter, compared to analyst estimates of $333.62 million.

About NorthWestern

NorthWestern Energy Group, Inc provides electricity and natural gas to residential, commercial, and various industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.

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