New Jersey Resources Corporation [NJR] stock prices are down -1.92% to $46.94 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NJR shares have lost -4.32% over the last week, with a monthly amount drifted -1.78%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
New Jersey Resources Corporation [NYSE: NJR] stock has seen the most recent analyst activity on April 01, 2025, when Jefferies initiated its Hold rating and assigned the stock a price target of $51. Previously, JP Morgan upgraded its rating to Overweight on December 12, 2024, and elevated its price target to $54. On September 21, 2023, upgrade upgraded it’s rating to Neutral and revised its price target to $46 on the stock. JP Morgan downgraded its rating to a Underweight and decreased its price target to $46 on September 09, 2022. Mizuho downgraded its rating to a Neutral but $42 remained the price target by the analyst firm on January 05, 2022. BofA Securities downgraded its rating to Underperform for this stock on June 25, 2021, but kept the price target unchanged to $39. In a note dated May 03, 2021, JP Morgan initiated an Neutral rating and provided a target price of $43 on this stock.
The stock price of New Jersey Resources Corporation [NJR] has been fluctuating between $40.62 and $51.94 over the past year. Currently, Wall Street analysts expect the stock to reach $51 within the next 12 months. New Jersey Resources Corporation [NYSE: NJR] shares were valued at $46.94 at the most recent close of the market. An investor can expect a potential return of 8.65% based on the average NJR price forecast.
Analyzing the NJR fundamentals
The New Jersey Resources Corporation [NYSE:NJR] reported sales of 1.82B for trailing twelve months, representing a surge of 8.34%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.15 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.55.
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 46.00 points at the first support level, and at 45.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 48.09, and for the 2nd resistance point, it is at 49.23.
Ratios To Look Out For
It’s worth pointing out that New Jersey Resources Corporation [NYSE:NJR]’s Current Ratio is 0.89. On the other hand, the Quick Ratio is 0.61, and the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 2.58, the price to book ratio is 2.03 and price to earnings (TTM) ratio is 14.14.
Transactions by insiders
Recent insider trading involved Bel Roberto, SVP and CFO, that happened on Mar 31 ’25 when 1173.0 shares were sold. Officer, Bel Roberto completed a deal on Mar 31 ’25 to buy 1173.0 shares. Meanwhile, SVP and CFO Bel Roberto sold 2346.0 shares on Mar 24 ’25.
