How did MDU Resources Group Inc (MDU) surprise investors with its report?

MDU Resources Group Inc [MDU] stock is trading at $24.69, up 0.78%. An important factor to consider is whether the stock is rising or falling in short-term value. The MDU shares have gain 4.80% over the last week, with a monthly amount glided 6.33%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

MDU Resources Group Inc [NYSE: MDU] stock has seen the most recent analyst activity on June 01, 2023, when BofA Securities upgraded its rating to a Buy but kept the price target unchanged to $22 for it. Previously, BofA Securities downgraded its rating to Underperform on October 24, 2022, and dropped its price target to $26. On August 05, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $30 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $36 on March 23, 2021. Williams Capital Group reiterated its recommendation of a Buy and raised its price target to $32 on September 16, 2019. Williams Capital Group reiterated a Buy rating for this stock on February 08, 2018, and downed its price target to $28. In a note dated February 13, 2017, Argus downgraded an Hold rating on this stock.

MDU Resources Group Inc [MDU] stock has fluctuated between $18.04 and $25.78 over the past year. MDU Resources Group Inc [NYSE: MDU] shares were valued at $24.69 at the most recent close of the market.

Analyzing the MDU fundamentals

MDU Resources Group Inc [NYSE:MDU] reported sales of 4.96B for the trailing twelve months, which represents a drop of -38.94%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.14 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.89.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.49 points at the first support level, and at 24.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.81, and for the 2nd resistance point, it is at 24.92.

MDU Resources Group Inc [MDU] reported earnings per share of $0.56 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.49/share, meaning a difference of $0.07 and a surprise factor of 14.30%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $0.38 per share as compared to estimates of $0.25 per share, a difference of $0.13 representing a surprise of 52.00%.

Ratios To Look Out For

For context, MDU Resources Group Inc’s Current Ratio is 1.27. On the other hand, the Quick Ratio is 1.19, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.01, the price to book ratio is 1.73 and price to earnings (TTM) ratio is 12.14.

Transactions by insiders

Recent insider trading involved Rosenthal Dale, Director, that happened on Mar 12 ’24 when 375.0 shares were purchased.

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