UBS Adjusts Estimates and PT on Questar (STR); Mixed Operational Results
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Price: $25.89 +2.86%
Rating Summary:
2 Buy, 8 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
2 Buy, 8 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade STR Now!
UBS maintains a 'Neutral' on Questar (NYSE: STR) price target of $21.00 (from $20.00).
Analyst, Christopher P. Sighinolfi, said, "STR realized recurring 2Q EPS of $0.22, a touch below our $0.23 estimate and the Street’s $0.23 consensus estimate. Stronger than expected performances at Wexpro and Pipeline were broadly offset by below-forecast Distribution results and higher than anticipated Interest expense, producing the roughly in-line EPS...we are trimming our 2012 EPS estimate to $1.18, from $1.20; however, we maintain our 2013-14 EPS estimates of $1.29 and $1.40, respectively."
For an analyst ratings summary and ratings history on Questar click here. For more ratings news on Questar click here.
Shares of Questar closed at $20.40 yesterday, with a 52 week range of $16.36-$21.47.
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Analyst, Christopher P. Sighinolfi, said, "STR realized recurring 2Q EPS of $0.22, a touch below our $0.23 estimate and the Street’s $0.23 consensus estimate. Stronger than expected performances at Wexpro and Pipeline were broadly offset by below-forecast Distribution results and higher than anticipated Interest expense, producing the roughly in-line EPS...we are trimming our 2012 EPS estimate to $1.18, from $1.20; however, we maintain our 2013-14 EPS estimates of $1.29 and $1.40, respectively."
For an analyst ratings summary and ratings history on Questar click here. For more ratings news on Questar click here.
Shares of Questar closed at $20.40 yesterday, with a 52 week range of $16.36-$21.47.
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