Stock Market Watch

NSTAR: Reports earnings better than the estimates

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NSTAR (NYSE:NST). Last Market Price: 45.34, Change: -0.16, % Change: (-0.35%). Shares trade in the range of 44.54 – 45.42 dollars. It has a market capitalization of 4.70B dollars, making it a Mid Cap Stock and has 103.59M outstanding shares. The company has a beta of 0.29, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 2.3; P/E of 19.71 indicating, the stock to be overvalued or expected increase in company earnings. It operates in Utilities sector and belongs to Electric Utilities industry. Percentage shares held by institutional investors is 44%. The company has a 52 week Price range (low – high) of $ 38.92 – 47.45. Average volumes of shares traded daily are 363,087. Volume traded in the last session was at 171,992, 0.47 times the average volume.

  • Reports Q3 (Sept)
    • EPS of $0.94, better than the estimates
    • Revenues rose 1.3% year on year to $809.1 million

For Q2 (Jun ’11), It had a Net profit margin of 9.46%, an Operating margin of 18.80%. Other Key stats and ratios are : Return on average assets of 3.19%, Return on average equity of 12.57%. The organization has an employee strength of 3,000

Consensus Recommendation is a Hold.


Estimate for sales for the Year Ending Dec-11 show a mean of 3,004.45 million dollars, an estimate high of 3,298.51 million dollars and an estimate low of 2,823.00 million dollars. A year ago the figures stood at 3,137.19 million dollars.

Estimate for sales for the Year Ending Dec-12 show a mean of 3,100.00 million dollars, an estimate high of 3,435.22 million dollars and an estimate low of 2,945.03 million dollars. A year ago the figures stood at 3,131.21 million dollars.

Estimate for EPS for the Year Ending Dec-11 show a mean of 2.66 dollars, an estimate high of 2.70 dollars and an estimate low of 2.65 dollars. A year ago the figures stood at 2.64 dollars.

Estimate for EPS for the Year Ending Dec-12 show a mean of 2.76 dollars, an estimate high of 2.80 dollars and an estimate low of 2.62 dollars. A year ago the figures stood at 2.75 dollars.

Sales for Quarter Ending Jun-11 was estimated at 653.56 million dollars, however the actual sales figure stood at 651.41 million dollars, 2.15 million dollars less than estimates.

Sales for Quarter Ending Mar-11 was estimated at 790.01 million dollars, however the actual sales figure stood at 792.70 million dollars, 2.69 million dollars more than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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