National Fuel Gas Co. (NYSE:NFG) updated its FY13 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $3.10-3.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.11, AnalystRatingsNetwork.com reports.
Shares of National Fuel Gas Co. (NYSE:NFG) opened at 70.31 on Friday. National Fuel Gas Co. has a 1-year low of $48.51 and a 1-year high of $72.53. The stock has a 50-day moving average of $68.96 and a 200-day moving average of $64.55. The company has a market cap of $5.879 billion and a P/E ratio of 23.20.
National Fuel Gas (NYSE:NFG) last announced its earnings results on Friday, November 8th. The company reported $0.63 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.59 by $0.04. During the same quarter last year, the company posted $0.43 earnings per share. On average, analysts predict that National Fuel Gas Co. will post $3.10 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on NFG shares. Analysts at Howard Weil raised their price target on shares of National Fuel Gas from $69.00 to $71.00 in a research note to investors on Tuesday, August 13th. They now have a sector perform rating on the stock. On a related note, analysts at BMO Capital Markets raised their price target on shares of National Fuel Gas from $70.00 to $75.00 in a research note to investors on Tuesday, August 13th. They now have an outperform rating on the stock. Finally, analysts at Barclays raised their price target on shares of National Fuel Gas from $62.00 to $65.00 in a research note to investors on Monday, August 12th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of Hold and an average price target of $69.65.
National Fuel Gas Company is a holding company. The Company operates in four segments: Utility segment, Pipeline and Storage segment, Exploration and Production segment and Energy Marketing segment.
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