Hitting 52 Week High, NorthWestern Corp (NYSE:NWE) Finishes At $64.02

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NorthWestern Corp (NYSE:NWE)

December 5th, 2018
Amidst falling markets NorthWestern Corp finished Tuesday’s trading session down 0.05%, a $0.03 decrease to close on $64.02. Despite the drop in price it hit a new 52 week high of $65.74. Be aware that the Altman Z-Score1 (An indicator of the probability for a 2-year bankruptcy) is below the recommended threshold of 1.8%, and calculated to be 1.08.

NWE was outperformed by the rest of the Utilities sector which went up 0.15%.

Results from 6 analysts indicates that NorthWestern Corp could fall somewhat (-7.58%), while Finbox has calculated (with low uncertainty) a fair value price of $52.85.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.15%), while Financials saw the biggest drop (4.40%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector dropping 13%.

Utilities saw the biggest turnaround from its 5-day performance of 2.31%, as it went up 0.15%. Industrials and Consumer Discretionary both saw turn arounds from their five day positive performance, Industrials with a drop of 4.35%.

Sector Breakdown

  • Utilities went up with a 0.15% change.
  • Real Estate went down with a -1.26% change.
  • Consumer Staples went down with a -1.63% change.
  • Healthcare went down with a -2.30% change.
  • Energy went down with a -2.93% change.
  • Materials went down with a -3.08% change.
  • Communication Services went down with a -3.14% change.
  • Information Technology went down with a -3.86% change.
  • Consumer Discretionary went down with a -3.91% change.
  • Industrials went down with a -4.35% change.
  • Financials went down with a -4.40% change.

NorthWestern Corp Info

NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and industrial customers. The company operates through Electric Operations and Natural Gas Operations segments. It generates, transmits, and distributes electricity; and produces, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company’s electric transmission and distribution network consists of approximately 24,660 miles of overhead and underground transmission and distribution lines, as well as 385 transmission and distribution substations in Montana; and transmission and distribution network comprises of approximately 3,560 miles of overhead and underground transmission and distribution lines, as well as 126 substations in South Dakota. Its natural gas transmission system consists of approximately 2,100 miles of pipeline. The company serves approximately 718,300 customers in Montana, South Dakota, and Nebraska, the United States. NorthWestern Corporation was founded in 1923 and is based in Sioux Falls, South Dakota.

All amounts in USD unless otherwise indicated

(1) The Altman Z-Score calculation was first published in 1968 by Edward I. Altman, and is used for predicting the probability that a firm will go into bankruptcy within two years. An Altman Z-Score below 1.8 (Remember that NorthWestern Corp’s score is 1.08) is the trigger to be alert for this situation. Some analysts believe this score is less relevant for some companies, in particular companies operating to accumulate users that may run at huge losses to scale up.

NWE daily update
NWE daily update


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