| Should You Get Rid of Natural Resource Partners (NRP) Now? - Tale of the Tape | |
| | |
|
One such stock that you may want to consider dropping is Natural Resource Partners LP (NRP), which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in NRP.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen 3 estimates moving down in the past 30 days, compared with just no upward revision. This trend has caused the consensus estimate to trend lower, going from $1.32 a share a month ago to its current level of 76 cents.
Also, for the current quarter, Natural Resource Partners has seen 2 downward estimate revisions versus no revision in the opposite direction, dragging the consensus estimate down to 18 cents a share from 30 cents over the past 30 days.
The stock also has seen some pretty dismal trading lately, as the share price has dropped 19.1% in the past month.
So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don’t have a long time horizon to wait.
If you are still interested in the Coal sector, you may instead consider a better-ranked stock - Hallador Energy Company (HNRG). The stock currently holds a Zacks Rank #1 (Strong Buy) and may be better selection at this time.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NATURAL RSRC LP (NRP): Free Stock Analysis Report HALLADOR ENERGY (HNRG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
|
|
|
Natural Resource Partners L.P.
|
|
|
CODE : NRP |
ISIN : US63900P1030 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Natural Resources Partners est une société de production minière basée aux Etats-Unis D'Amerique. Natural Resources Partners détient divers projets d'exploration en USA. Son principal projet en exploration est D.D. SHEPARD en USA. Natural Resources Partners est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,1 milliards US$ (1,0 milliards €). La valeur de son action a atteint son plus bas niveau récent le 24 juillet 2020 à 10,00 US$, et son plus haut niveau récent le 26 avril 2024 à 91,73 US$. Natural Resources Partners possède 12 241 602 actions en circulation. |