Questar (STR) In Rising Wedge Trend With Textron (TXT), Midcoast Energy Partners L.P. (MEP), Healthcare Services (HCSG)

Questar Corp. (STR) Tuesday reported first-quarter net income of $85.1 million or $0.48 per share, contrasted to $72.9 million or $0.41 per share in the comparable quarter last year. On average, nine analysts polled by Thomson Reuters possible the company to earn $0.47 per share for the quarter. Analysts’ estimates typically exclude special items. Revenues slid to $456.90 million from $476.90 million last year. Questar Corporation (NYSE:STR), Gas Utilities company, soared 0.08% in last trading session and ended the day on $24.02. The stock is trading -1.36% below its 52-week high and 14.71% above its 52-week low. With 956200 of its shares exchanged hands during the day and 1.06 relative volume ratio, market capitalization of Questar Corporation moved to $4207.10 million. The float was recorded 172.61 million compared to 175.15 million outstanding shares. STR’s monthly performance is 3.67%. Analysts rate it a ‘Hold’ stock.

E-Z-GO, a business unit of Textron Inc. (TXT) has lift TUG Technologies Corporation, a key manufacturer of ground support equipment in the aviation industry. TUG Technologies based in Kennesaw, Georgia, manufactures ground support equipment servicing airlines, air-freight companies, ground handlers, government agencies and airports worldwide. The company commented E-Z-GO bought TUG from Jacobson Partners, a private-equity firm based in New York, which had owned the company considering January 2005. Textron Inc. (NYSE:TXT), Aerospace/Defense – Major Diversified, is currently trading at $39.69, which flourished 0.33%. The stock is trading -3.50% below its 52-week high and 58.63% above its 52-week low. The RSI of stock currently approaches at the level of 52.30 with 1.61% weekly volatility. The firm maintained its $1.66 EPS for the stock. TXT showed 23.72% half yearly performance. Experts rate it a ‘Hold’ stock.

Midcoast Energy Partners, L.P. (MEP) reported that its first quarter net income attributable to limited partners shrunk to $0.4 million or $0.01 per share from $11.8 million or $0.44 per share in the prior year. Adjusted net loss for the quarter was $0.9 million or $0.02 per share, correlated to a profit of $32.0 million or $0.46 per share a year ago. However, operating revenue for the quarter bloomed to $1.65 billion from $1.37 billion in the previous year quarter. Analysts polled by Thomson Reuters promising the company to earn $0.11 per share on revenues of $1.25 billion for the quarter. Midcoast Energy Partners, L.P. (NYSE:MEP), Independent Oil & Gas, is currently trading at $20.90, which slid -0.29%. The stock is trading -7.50% below its 52-week high and 26.04% above its 52-week low. At the closing bell, shares in Midcoast Energy Partners, L.P. recorded a trading volume of 41300. Its total outstanding shares are 46.14 million with the market capitalization of $964.33 million. MEP showed -2.70% weekly performance. Investment experts consider it a ‘Hold’ stock.

Healthcare Services Group Inc. (HCSG) Tuesday posted first-quarter net income of $14.6 million or $0.21 per share, evaluated to $15.0 million or $0.22 per share in the comparable quarter last year. On average, seven analysts polled by Thomson Reuters promising the company to earn $0.21 per share for the quarter. Analysts’ estimates typically exclude special items. Revenues thrived to $312.17 million from $273.90 million last year. The price of Healthcare Services Group Inc. (NASDAQ:HCSG), Business Services company, stock dropped -0.03% to $29.52. The stock is dealing at -3.47% below its 52-week high and 37.52% above its 52-week low. The RSI of stock currently approaches at the level of 47.46 with 1.31% weekly volatility. The firm maintained its $0.66 EPS for the stock. HCSG showed 7.70% half yearly performance. Trade experts think of it as ‘Buy’ stock.

About

Jennifer McKinney, CFA, is an equity analyst for The Downtown Leader. If you have a great story idea for Jennifer McKinney, you can write at [Jennifer.McKinney@downtownleader.com ].

POST YOUR COMMENTS