News stories about Northwest Natural Gas (NYSE:NWN) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Northwest Natural Gas earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the utilities provider an impact score of 46.9248035702336 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Separately, Zacks Investment Research raised Northwest Natural Gas from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $66.33.
Northwest Natural Gas (NYSE NWN) opened at $65.05 on Friday. Northwest Natural Gas has a 12 month low of $56.53 and a 12 month high of $69.50. The company has a quick ratio of 0.69, a current ratio of 0.98 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $1,851.99, a PE ratio of 29.32, a price-to-earnings-growth ratio of 6.59 and a beta of 0.39.
Northwest Natural Gas (NYSE:NWN) last issued its earnings results on Friday, November 3rd. The utilities provider reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.01. Northwest Natural Gas had a return on equity of 7.31% and a net margin of 8.32%. The business had revenue of $88.20 million during the quarter, compared to the consensus estimate of $91.19 million. During the same quarter last year, the company earned $1.18 EPS. The firm’s revenue was up .6% compared to the same quarter last year. equities analysts expect that Northwest Natural Gas will post 2.18 earnings per share for the current year.
In other Northwest Natural Gas news, Director Martha L. Byorum sold 1,202 shares of the firm’s stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of $64.88, for a total value of $77,985.76. Following the completion of the transaction, the director now owns 1,202 shares in the company, valued at approximately $77,985.76. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.48% of the stock is owned by company insiders.
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Northwest Natural Gas Company Profile
Northwest Natural Gas Company (NW Natural) is engaged in the distribution of natural gas. The Company’s segments include Local Gas Distribution, Gas Storage and other. The Company maintains operations in Oregon, Washington and California and conducts businesses through NW Natural and its subsidiaries.
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