The stock of MDU Resources Group Inc (MDU) has gone down by -1.81% for the week, with a 6.58% rise in the past month and a 24.81% rise in the past quarter. The volatility ratio for the week is 1.39%, and the volatility levels for the past 30 days are 1.98% for MDU.. The simple moving average for the past 20 days is 2.10% for MDU’s stock, with a 19.60% simple moving average for the past 200 days.
Is It Worth Investing in MDU Resources Group Inc (NYSE: MDU) Right Now?
The price-to-earnings ratio for MDU Resources Group Inc (NYSE: MDU) is above average at 12.03x, Company’s 36-month beta value is 0.80.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for MDU is 194.28M, and currently, short sellers hold a 1.43% ratio of that floaft. The average trading volume of MDU on April 12, 2024 was 1.34M shares.
MDU) stock’s latest price update
MDU Resources Group Inc (NYSE: MDU) has experienced a decline in its stock price by -0.81 compared to its previous closing price of 24.65. However, the company has seen a fall of -1.81% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-05 that MDU Resources (MDU) makes a strong case for investment, given its systematic investments, robust ROE and rising earnings estimates.
Analysts’ Opinion of MDU
Many brokerage firms have already submitted their reports for MDU stocks, with BofA Securities repeating the rating for MDU by listing it as a “Buy.” The predicted price for MDU in the upcoming period, according to BofA Securities is $22 based on the research report published on June 01, 2023 of the previous year 2023.
BofA Securities, on the other hand, stated in their research note that they expect to see MDU reach a price target of $26, previously predicting the price at $30. The rating they have provided for MDU stocks is “Underperform” according to the report published on October 24th, 2022.
BofA Securities gave a rating of “Neutral” to MDU, setting the target price at $30 in the report published on August 05th of the previous year.
MDU Trading at 10.40% from the 50-Day Moving Average
After a stumble in the market that brought MDU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.18% of loss for the given period.
Volatility was left at 1.98%, however, over the last 30 days, the volatility rate increased by 1.39%, as shares surge +8.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.11% upper at present.
During the last 5 trading sessions, MDU fell by -1.81%, which changed the moving average for the period of 200-days by +20.32% in comparison to the 20-day moving average, which settled at $24.04. In addition, MDU Resources Group Inc saw 23.48% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MDU starting from Rosenthal Dale, who purchase 375 shares at the price of $22.55 back on Mar 12 ’24. After this action, Rosenthal Dale now owns 16,499 shares of MDU Resources Group Inc, valued at $8,456 using the latest closing price.
Stock Fundamentals for MDU
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.16 for the gross margin
The net margin for MDU Resources Group Inc stands at 0.08. The total capital return value is set at 0.06. Equity return is now at value 13.40, with 4.88 for asset returns.
Based on MDU Resources Group Inc (MDU), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 0.89. The interest coverage ratio of the stock is 2.98.
Currently, EBITDA for the company is 639.6 million with net debt to EBITDA at 3.58. When we switch over and look at the enterprise to sales, we see a ratio of 1.48. The receivables turnover for the company is 5.27for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.
Conclusion
In a nutshell, MDU Resources Group Inc (MDU) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
