Trade-Ideas LLC identified

NorthWestern

(

NWE

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified NorthWestern as such a stock due to the following factors:

  • NWE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $18.0 million.
  • NWE has traded 4,582 shares today.
  • NWE is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in NWE with the Ticky from Trade-Ideas. See the FREE profile for NWE NOW at Trade-Ideas

More details on NWE:

NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and industrial customers in Montana, South Dakota, and Nebraska, the United States. It operates through Electric Operations and Natural Gas Operations segments. The stock currently has a dividend yield of 3.4%. NWE has a PE ratio of 19. Currently there are no analysts that rate NorthWestern a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TST Recommends

The average volume for NorthWestern has been 287,600 shares per day over the past 30 days. NorthWestern has a market cap of $2.8 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.41 and a short float of 4.3% with 5.93 days to cover. Shares are up 9.3% year-to-date as of the close of trading on Tuesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates NorthWestern as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, compelling growth in net income and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Highlights from the ratings report include:

  • The revenue growth greatly exceeded the industry average of 27.6%. Since the same quarter one year prior, revenues slightly increased by 3.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • The stock has not only risen over the past year, it has done so at a faster pace than the S&P 500, reflecting the earnings growth and other positive factors similar to those we have cited here. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • NORTHWESTERN CORP has improved earnings per share by 8.2% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, NORTHWESTERN CORP increased its bottom line by earning $3.17 versus $2.99 in the prior year. This year, the market expects an improvement in earnings ($3.33 versus $3.17).
  • The company, on the basis of net income growth from the same quarter one year ago, has significantly outperformed against the S&P 500 and exceeded that of the Multi-Utilities industry average. The net income increased by 21.1% when compared to the same quarter one year prior, going from $37.17 million to $45.01 million.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Multi-Utilities industry and the overall market on the basis of return on equity, NORTHWESTERN CORP has outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.