National Fuel Gas Co. (NYSE: NFG) is 21.21% higher on its value in year-to-date trading and has touched a low of $45.32 and a high of $61.56 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NFG stock was last observed hovering at around $60.32 in the last trading session, with the day’s gains setting it 0.49%.
Currently trading at $60.81, the stock is 1.05% and 2.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.61 million and changing 0.81% at the moment leaves the stock 12.22% off its SMA200. NFG registered 19.61% gain for a year compared to 6-month gain of 14.89%. The firm has a 50-day simple moving average (SMA 50) of $59.4056 and a 200-day simple moving average (SMA200) of $54.2381.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 2.03% loss in the last 1 month and extending the period to 3 months gives it a 12.15%, and is 3.16% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.61% over the week and 1.62% over the month.
National Fuel Gas Co. (NFG) has around 2240 employees, a market worth around $5.56B and $1.75B in sales. Current P/E ratio is 17.66 and Fwd P/E is 9.86. Profit margin for the company is 18.17%. Distance from 52-week low is 34.18% and -1.22% from its 52-week high. The company has generated returns on investments over the last 12 months (5.54%).
The EPS is expected to shrink by -8.81% this year
576.0 institutions hold shares in National Fuel Gas Co. (NFG), with institutional investors hold 78.65% of the company’s shares. The shares outstanding are 91.82M, and float is at 90.07M with Short Float at 3.49%. Institutions hold 77.67% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.31 million shares valued at $721.1 million. The investor’s holdings represent 14.4459 of the NFG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.42 million shares valued at $456.52 million to account for 9.1457 of the shares outstanding. The other top investors are STATE STREET CORP which holds 4.0 million shares representing 4.3384 and valued at over $218.61 million, while JPMORGAN CHASE & CO holds 3.0879 of the shares totaling 2.84 million with a market value of $154.14 million.
National Fuel Gas Co. (NFG) Insider Activity
The most recent transaction is an insider sale by Reville Michael W, the company’s General Counsel and Secretary. SEC filings show that Reville Michael W sold 1,700 shares of the company’s common stock on Sep 25 ’24 at a price of $60.77 per share for a total of $0.1 million. Following the sale, the insider now owns 8203.0 shares.
Still, SEC filings show that on Aug 14 ’24, KRAEMER RONALD C (Chief Operating Officer) disposed off 7,639 shares at an average price of $58.75 for $0.45 million. The insider now directly holds 38,428 shares of National Fuel Gas Co. (NFG).
