This is why MDU Resources Group Inc (MDU) Stock is one of the options for the Longer run

MDU Resources Group Inc [MDU] stock prices are down -0.35% to $28.77 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MDU shares have lost -1.20% over the last week, with a monthly amount glided 4.20%, 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 October 21, 2024, when BofA Securities downgraded its rating to a Neutral and also boosted its price target to $31 from $30. Previously, Argus upgraded its rating to Buy on May 20, 2024, and kept the price target unchanged to $30. On June 01, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $22 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $26 on October 24, 2022. BofA Securities downgraded its rating to a Neutral and raised its price target to $30 on August 05, 2022. BofA Securities started tracking with a Buy rating for this stock on March 23, 2021, and assigned it a price target of $36. In a note dated September 16, 2019, Williams Capital Group reiterated an Buy rating on this stock and boosted its target price from $31 to $32.

The stock price of MDU Resources Group Inc [MDU] has been fluctuating between $18.04 and $30.52 over the past year. Currently, Wall Street analysts expect the stock to reach $31 within the next 12 months. MDU Resources Group Inc [NYSE: MDU] shares were valued at $28.77 at the most recent close of the market. An investor can expect a potential return of 7.75% based on the average MDU price forecast.

Analyzing the MDU fundamentals

The MDU Resources Group Inc [NYSE:MDU] reported sales of 4.40B for trailing twelve months, representing a drop of -3.99%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.14 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.8.

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 28.57 points at the first support level, and at 28.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.08, and for the 2nd resistance point, it is at 29.38.

Ratios To Look Out For

It’s worth pointing out that MDU Resources Group Inc [NYSE:MDU]’s Current Ratio is 1.21. Also, the Quick Ratio is 1.15, while the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 1.94 and price to earnings (TTM) ratio is 14.43.

Transactions by insiders

Recent insider trading involved Johnson Rob L., President-WBI Holdings, that happened on May 07 ’24 when 36291.0 shares were purchased. Director, Rosenthal Dale completed a deal on Mar 12 ’24 to buy 375.0 shares.

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