MDU Resources Group Inc (NYSE: MDU) has a higher price-to-earnings ratio of 11.59x compared to its average ratio. MDU has 36-month beta value of 0.81. Analysts have mixed views 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 float. The average trading volume of MDU on April 18, 2024 was 1.33M shares.
MDU) stock’s latest price update
MDU Resources Group Inc (NYSE: MDU)’s stock price has decreased by -0.21 compared to its previous closing price of 23.61. However, the company has seen a -4.42% decrease in its stock price over the last five trading sessions. 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.
MDU’s Market Performance
MDU Resources Group Inc (MDU) has experienced a -4.42% fall in stock performance for the past week, with a 6.03% rise in the past month, and a 24.39% rise in the past quarter. The volatility ratio for the week is 2.08%, and the volatility levels for the past 30 days are at 1.91% for MDU. The simple moving average for the last 20 days is -2.88% for MDU stock, with a simple moving average of 14.88% for the last 200 days.
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 4.76% 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 -8.63% of loss for the given period.
Volatility was left at 1.91%, however, over the last 30 days, the volatility rate increased by 2.08%, as shares surge +4.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.57% upper at present.
During the last 5 trading sessions, MDU fell by -4.42%, which changed the moving average for the period of 200-days by +12.51% in comparison to the 20-day moving average, which settled at $24.31. In addition, MDU Resources Group Inc saw 18.99% 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 1.44. 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
To put it simply, MDU Resources Group Inc (MDU) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
