The shares of NorthWestern Corporation (NYSE:NWE) has been pegged with a rating of Neutral by Guggenheim in its latest research note that was published on January 08, 2020. The Utilities company has also assigned a $71 price target. Guggenheim wasn’t the only research firm that published a report of NorthWestern Corporation, with other equities research analysts also giving their opinion on the stock. Wells Fargo advised investors in its research note published on November 21, 2019, to Outperform the NWE stock while also putting a $76 price target. The stock had earned Hold rating from Williams Capital Group Markets when it published its report on August 26, 2019. That day the Williams Capital Group set price target on the stock to $66. The stock was given Underperform rating by BofA/Merrill in its report released on March 14, 2019, the day when the price target on the stock was placed at 65. KeyBanc Capital Mkts was of a view that NWE is Overweight in its latest report on June 04, 2018. BofA/Merrill thinks that NWE is worth Underperform rating. This was contained in the firm’s report on October 24, 2017 in which the stock’s price target was also moved to 54.
Amongst the analysts that rated the stock, 2 have recommended investors to sell it, 2 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Underweight while its average price target is $74.50. The price of the stock the last time has raised by 15.18% from its 52-Week high price while it is -19.88% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 40.98.
The shares of the company added by 13.22% during the trading session on Tuesday, reaching a low of $57.90 while ending the day at $64.51. During the trading session, a total of 582588.0 shares were traded which represents a -86.14% decline from the average session volume which is 312990.0 shares. NWE had ended its last session trading at $56.98. NorthWestern Corporation currently has a market cap of $3.75 billion, while its P/E ratio stands at 16.21, while its P/E earnings growth sits at 4.28, with a beta of 0.29. NorthWestern Corporation debt-to-equity ratio currently stands at 1.10, while its quick ratio hovers at 0.70 NWE 52-week low price stands at $56.01 while its 52-week high price is $80.52.
The company in its last quarterly report recorded $1.19 earnings per share which is above the predicted by most analysts. The NorthWestern Corporation generated 12.07 million in revenue during the last quarter. In the second quarter last year, the firm recorded $0.50 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -3.36%. NorthWestern Corporation has the potential to record 3.53 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Raymond James published a research note on March 17, 2020 where it informed investors and clients that Matador Resources Company (NYSE:MTDR) is now rated as Mkt Perform. BMO Capital Markets also rated MTDR as Downgrade on March 16, 2020, with its price target of $2.50 suggesting that MTDR could surge by 91.54% from its current share price. Even though the stock has been trading at $1.75/share, analysts expect it to down by -18.29% to reach $16.91/share. It started the day trading at $1.83 and traded between $1.42 and $1.43 throughout the trading session.
A look at its technical shows that MTDR’s 50-day SMA is 12.45 while its 200-day SMA stands at 15.19. The stock has a high of $22.25 for the year while the low is $1.59. The stock, however, witnessed a rise in its short on 02/28/20. Compared to previous close which recorded 24.16 M shorted shares, the short percentage went higher by 3.53%, as 25.01M NWE shares were shorted. At the moment, only 22.68% of Matador Resources Company shares were sold short. The company’s P/E ratio currently sits at 1.91, while the P/B ratio is 0.09. The company’s average trading volume currently stands at 4.84M shares, which means that the short-interest ratio is just 5.16 days. Over the past seven days, the company moved, with its shift of -40.66%. Looking further, the stock has dropped -90.77% over the past 90 days while it lost -92.47% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The BlackRock Fund Advisors bought more MTDR shares, increasing its portfolio by 3.69% during the last quarter. This move now sees The BlackRock Fund Advisors purchasing 440,936 shares in the last quarter, thus it now holds 12,393,714 shares of MTDR, with a total valuation of $119,475,403. The Vanguard Group, Inc. meanwhile bought more MTDR shares in the recently filed quarter, changing its stake to $100,260,164 worth of shares.
Similarly, Dimensional Fund Advisors LP increased its Matador Resources Company shares by 14.24% during the recently filed quarter. After buying 7,565,986 shares in the last quarter, the firm now controls 943,107 shares of Matador Resources Company which are valued at $72,936,105. In the same vein, SSgA Funds Management, Inc. increased its Matador Resources Company shares by during the most recent reported quarter. The firm bought 639,279 shares during the quarter which increased its stakes to 6,471,321 shares and is now valued at $62,383,534. Following these latest developments, around 1.30% of Matador Resources Company stocks are owned by institutional investors and hedge funds.