NASDAQ:NRGP
$74.90
(3/19 4:00PM)
-1.3%
| Open | $75.56 |
Mkt Cap | $1.5 Billion |
| High | $76.4 |
52Wk High | $77.72 |
| Low | $74.9 |
52Wk Low | $29.49 |
| Volume | 43,650 |
Avg Vol 10D | 23,200 |
NRGP Revenue
Cash earnings is the most important factor in our analysis, but it goes without saying that if a company cannot produce sales then there is no ability to generate cash flow. By that logic we look very closely at revenue numbers as our second most important factor in valuing a company's stock. We have established reasonable Price to Sales per share ranges based on historical data of the last 6 years. For, NRGP the high and low end of the Price to Sales per share ratios are 0.74x and 0.38x respectively.
Notice that NRGP's current Price to Sales per share ratio is 0.96x, which is significantly above its historical average. This places NRGP at the upper end of its historical range relative to sales per share and makes it difficult to suggest an attractive price outlook. At current sales per share levels, we would need to see a decline in the Price to Sales ratio of 73% merely to return NRGP to its historical average.
NRGP Cash Earnings
As a value investment framework, Ockham Research is similar to a private equity firm in terms of our valuation methods. We are always on the lookout for value in the form of sales and cash numbers. In the case of NRGP, Ockham views their current Cash Earnings as significantly above their historical average multiples of Cash Earnings, as calculated by our proprietary analysis. It is incredibly important to understand that for NRGP, the current level of Cash Earnings compared to its historical levels helps identify where NRGP is in relation to what the investing community was willing to pay for this level of Cash Earnings in the past. With a historical high Cash Earnings per share ratio of 7.91 and a historical low Cash Earnings per share ratio of 4.22, an investor can relate where value becomes optimal.
So what does this tell us about NRGP in particular? Basically, we would value the current level of Cash Earnings per share (which is at 7.67) as significantly overvalued. Just by looking at the last closing price of NRGP, which was $72.81, we can see that compared to the historical high Price to Cash Earnings levels we calculated, the market has already rewarded NRGP with a higher stock price. So basically, we don't view this level of Cash Earnings or stock price as compatible with a long term value at this point. Just remember, that does not mean that NRGP may not have other merits with which to find a good investment opportunity, it just means that we would prefer to see either an increase in Cash Earnings or a decrease in stock price before we would become bullish on this metric.
NRGP Dividends
When determining a company's future prospects for success, Ockham Research sees analysis of dividend payments as a key additional factor. Even though it isn't imperative for NRGP to shell out a dividend in order to receive a positive rating, it can be helpful to further our analysis.
The estimated annual dividend for NRGP is $3.76 producing a current dividend yield of 5.16%. Much like our evaluation of Sales and Cash Earnings per share, we review dividend yields from NRGP against the historic high and low levels over all available dividend history. Because dividends are a decision made exclusively by management, we view a healthy and rising dividend as a sign of confidence and strength. The highest dividend yield from NRGP over previous years was 14.57% while the lowest dividend yield was 0.00%. While it is quite common for a growth stock to pay no dividend at all, but for a mature company such as NRGP that has a history of paying dividends it is disappointing to see their dividend yield drop so significantly. At this time, the current dividend yield is 29.17% below the median yield.
Did You See NRGP's CEO Sherman on Mad Money?
Staying in touch with the latest management news is one way we are keeping our clients informed. Notice, RazorWire has a news capture related to NRGP's CEO.
Inergy Holdings, LP receives our Fairly Valued rating in our latest report because the current price does not seem out of line with the fundamentals. While bearish sentiment on a stock is not always a bad thing, it is something you need to be aware of. The Motley Fool survey of crowd sentiment shows that many investors believe this stock will underperform. We noticed recently that in comparison to all other stocks we analyze in the news; NRGP has received less coverage from the financial media in business television and blogs.
“… that's the ceo, john sherman, for INERGY. Everyone wants yield. Don't fuel around with a 30 or 10-year treasury. Buy some INERGY. It's got a better deal for you. …”
Inergy Holdings, LP Dividend News from Mad Money
For income investors, dividend news is obviously important. NRGP's dividends were discussed recently on Mad Money.
Inergy Holdings, LP receives our Fairly Valued rating in our latest report because the current price does not seem out of line with the fundamentals. We noticed recently that in comparison to all other stocks we analyze in the news; NRGP has received less coverage from the financial media in business television and blogs. While bearish sentiment on a stock is not always a bad thing, it is something you need to be aware of. The Motley Fool survey of crowd sentiment shows that many investors believe this stock will underperform.
“… Retail prices of propane look to be rising faster than wholesale especially in the midwest where INERGY does a lot of business. …”
Inergy Holdings, LP (NRGP) Discussed on Fox Business's Countdown to the Closing Bell
Inergy Holdings, LP is in the news. Find out how this impacts NRGP trading on Ockham Research.
Love dividend plays, so it's good to talk to you. We'd love to have you back and see how the story progresses. >> liz: thank you, liz, good to >> anytime. John sherman, INERGY ceo. We've got the stocks to keep your eye on in the trading day as countdown to the closing bell continues here on closing bell. How sharp is the picture.
“… o the closing bell continues here on closing bell. How sharp is the picture. …”
Inergy Holdings, LP (NRGP) Discussed on Fox Business's Countdown to the Closing Bell
Inergy Holdings, LP is in the news. Find out how this impacts NRGP trading on Ockham Research.
Soon as we find out we've got a producer, fox business is the place for all things madoff we'll bring it to you. Much of the kupt is feeling the chill, but that's good news for propane distributor INERGY which reported positive earnings this morning. Joinings now exclusively from kansas city, missouri is the company's chairman and ceo john good to see you, thanks for
“… ings now exclusively from kansas city, missouri is the company's chairman and ceo john good to see you, thanks for …”
Inergy Holdings, LP (NRGP) Discussed on Fox Business's Countdown to the Closing Bell
Inergy Holdings, LP is in the news. Find out how this impacts NRGP trading on Ockham Research.
Took a free shot, you guys are a fine looking bunch in the good to see all of of you. They're going to rush back to trading, but the meantime the closing bell ringening 40 exclusive interview with INERGY ceo, this is a fascinating a commodities company that's actually doing really, really well right now. We'll take a look at that and have that exclusive interview as we go to a break, let's show you some of the most e-mailed stories, some of the most
“… at's actually doing really, really well right now. We'll take a look at that and have that exclusive interview as we go to a break, let's show you some of the most e-mailed stories, some of the most …”
Inergy Holdings, LP (NRGP) Discussed on Fox Business's Countdown to the Closing Bell
Inergy Holdings, LP is in the news. Find out how this impacts NRGP trading on Ockham Research.
Actually raised its outlook and its dividend. Just when everybody else is cutting their dividends. What is the strategy for growth in 2009? An exclusive interview with the ceo of INERGY and ceo of INERGY andnd markopolos is the new nightmare for you, speaking out he says he's turning in a mini madoff tomorrow.
“… king out he says he's turning in a mini madoff tomorrow. …”