NorthWestern Energy Group (NYSE:NWE - Get Free Report) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Tuesday.
NWE has been the topic of a number of other reports. Guggenheim upgraded shares of NorthWestern Energy Group from a "sell" rating to a "neutral" rating and set a $47.00 price target on the stock in a research report on Monday, January 22nd. Barclays boosted their price target on shares of NorthWestern Energy Group from $48.00 to $49.00 and gave the stock an "underweight" rating in a research report on Monday, January 22nd. KeyCorp reiterated a "sector weight" rating on shares of NorthWestern Energy Group in a report on Thursday, January 4th. Finally, JPMorgan Chase & Co. boosted their target price on shares of NorthWestern Energy Group from $53.00 to $54.00 and gave the stock a "neutral" rating in a report on Thursday, March 21st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, NorthWestern Energy Group currently has an average rating of "Hold" and a consensus price target of $51.71.
View Our Latest Analysis on NWE
NorthWestern Energy Group Stock Performance
NYSE:NWE traded down $0.56 during mid-day trading on Tuesday, hitting $47.90. The stock had a trading volume of 186,083 shares, compared to its average volume of 407,889. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 14.88 and a beta of 0.43. The company has a 50 day simple moving average of $48.93 and a 200-day simple moving average of $49.42. NorthWestern Energy Group has a 52 week low of $45.97 and a 52 week high of $60.56. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.97.
NorthWestern Energy Group (NYSE:NWE - Get Free Report) last issued its quarterly earnings data on Thursday, February 15th. The company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.19. NorthWestern Energy Group had a net margin of 13.64% and a return on equity of 7.23%. The firm had revenue of $356.00 million for the quarter, compared to the consensus estimate of $443.27 million. During the same period last year, the firm posted $1.13 EPS. On average, research analysts expect that NorthWestern Energy Group will post 3.53 earnings per share for the current fiscal year.
Institutional Investors Weigh In On NorthWestern Energy Group
A number of large investors have recently made changes to their positions in NWE. Xponance Inc. grew its position in NorthWestern Energy Group by 2.5% during the fourth quarter. Xponance Inc. now owns 8,863 shares of the company's stock valued at $451,000 after purchasing an additional 219 shares in the last quarter. VAUGHAN & Co SECURITIES INC. grew its position in NorthWestern Energy Group by 1.9% during the fourth quarter. VAUGHAN & Co SECURITIES INC. now owns 12,650 shares of the company's stock valued at $644,000 after purchasing an additional 231 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in NorthWestern Energy Group by 47.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 736 shares of the company's stock valued at $44,000 after purchasing an additional 236 shares in the last quarter. Arizona State Retirement System grew its position in NorthWestern Energy Group by 1.4% in the third quarter. Arizona State Retirement System now owns 17,025 shares of the company's stock worth $818,000 after acquiring an additional 237 shares in the last quarter. Finally, Legato Capital Management LLC grew its position in NorthWestern Energy Group by 3.6% in the third quarter. Legato Capital Management LLC now owns 6,956 shares of the company's stock worth $334,000 after acquiring an additional 243 shares in the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.
About NorthWestern Energy Group
(
Get Free Report)
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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