Drilling Down Into the Volatility in Northwest Natural Holding Company (NWN)

On Friday, shares of Northwest Natural Holding Company (NYSE:NWN) marked $53.54 per share versus a previous $54.86 closing price. With having a -2.41% loss, an insight into the fundamental values of Northwest Natural Holding Company, investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. NWN showed a fall of -27.38% within its YTD performance, with highs and lows between $50.36 – $77.26 during the period of 52 weeks, compared to the simple moving average of -18.30% in the period of the last 200 days.

UBS equity researchers changed the status of Northwest Natural Holding Company (NYSE: NWN) shares from “Sell” to a “Neutral” rating in the report published on July 22nd, 2020. Other analysts, including BofA/Merrill, also published their reports on NWN shares. BofA/Merrill repeated the rating from the previous report, marking NWN under “Underperform” rating, in the report published on June 17th, 2020. Additionally, NWN shares got another “Underweight” rating from Wells Fargo, setting a target price of $66 on the company’s shares, according to the report published in January 9th, 2020. On November 6th, 2019, Siebert Williams Shank Upgrade an Buy rating and increased its price target to $70. On the other hand, Williams Capital Group Initiated the “Hold” rating for NWN shares, as published in the report on October 29th, 2019. Maxim Group seems to be going bullish on the price of NWN shares, based on the price prediction for NWN, indicating that the shares will jump from $72 to $79, giving the shares “Buy” rating based on their report from August 5th, 2019. Another “Buy” rating came from Maxim Group, providing a prediction for $79 price target according to the report published in January 8th, 2019.

Northwest Natural Holding Company (NWN) Analysis

The present dividend yield for NWN owners is set at 0.04, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording 0.00%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Northwest Natural Holding Company (NWN) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 7.60% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 0.80 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while NWN is currently recording an average of 188.93K in volumes. The volatility of the stock on monthly basis is set at 2.83%, while the weekly volatility levels are marked at 2.80%with 0.19% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $61.29, indicating growth from the present price of $53.54, which can represent yet another valuable research and analysis points that can help you decide whether to invest in NWN or pass.

What to Look for When Analyzing Northwest Natural Holding Company Shares?

Northwest Natural Holding Company (NWN) is based in the USA and it represents one of the well-known company operating with Utilities sector. If you wish to compare NWN shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 23.30 for Northwest Natural Holding Company, while the value 21.04 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 2.30 is supported by the yearly EPS growth of -6.20%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.60%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 79.60% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in NWN Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in NWN in the recent period. That is how The Vanguard Group, Inc. now has an increase position in NWN by 0.63% in the first quarter, owning 3.68 million shares of NWN stocks, with the value of $205.13 million after the purchase of an additional 23,163 shares during the last quarter. In the meanwhile, First Trust Advisors LP also increased their stake in NWN shares changed 27.68% in the first quarter, which means that the company now owns 844970 shares of company, all valued at $47.14 million after the acquisition of additional 183,182 shares during the last quarter.

Duff & Phelps Investment Manageme acquired a new position in Northwest Natural Holding Company during the first quarter, with the value of $44.63 million, and Geode Capital Management LLC increased their stake in the company’s shares by 8.19% in the first quarter, now owning 32,359 shares valued at $23.86 million after the acquisition of the additional 427607 shares during the last quarter. At the present, 79.60% of NWN shares are in the ownership of institutional investors.