MDU Resources Group Inc. (NYSE: MDU) kicked off on January 24, 2023, at the price of $30.00, up 1.65% from the previous trading day. During the day, the shares moved up to $30.8494 and dropped to $29.95 before settling in for the closing price of $30.30. Over the past 52 weeks, MDU has traded in a range of $24.92-$32.19.
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Annual sales at Basic Materials sector company grew by 6.60% over the past five years. While this was happening, its average annual earnings per share was recorded -4.10%. With a float of $201.62 million, this company’s outstanding shares have now reached $203.35 million.
Let’s look at the performance matrix of the company that is accounted for 12826 employees. In terms of profitability, gross margin is +13.13, operating margin of +9.40, and the pretax margin is +8.21.
MDU Resources Group Inc. (MDU) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Building Materials Industry. The insider ownership of MDU Resources Group Inc. is 0.30%, while institutional ownership is 74.20%.
MDU Resources Group Inc. (MDU) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/29/2022, the organization reported $0.35 earnings per share (EPS), lower than consensus estimate (set at $0.51) by -$0.16. This company achieved a net margin of +6.65 while generating a return on equity of 11.69. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.40% during the next five years compared to 9.50% growth over the previous five years of trading.
MDU Resources Group Inc. (NYSE: MDU) Trading Performance Indicators
Take a look at MDU Resources Group Inc.’s (MDU) current performance indicators. Last quarter, stock had a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.66, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.12 in one year’s time.
Technical Analysis of MDU Resources Group Inc. (MDU)
MDU Resources Group Inc. (NYSE: MDU) saw its 5-day average volume 0.67 million, a positive change from its year-to-date volume of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 51.39%. Additionally, its Average True Range was 0.51.
During the past 100 days, MDU Resources Group Inc.’s (MDU) raw stochastic average was set at 78.52%, which indicates a significant decrease from 81.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.11% in the past 14 days, which was lower than the 24.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.50, while its 200-day Moving Average is $28.64. Nevertheless, the first resistance level for the watch stands at $31.12 in the near term. At $31.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.02. If the price goes on to break the first support level at $30.22, it is likely to go to the next support level at $29.63. Assuming the price breaks the second support level, the third support level stands at $29.32.
MDU Resources Group Inc. (NYSE: MDU) Key Stats
The company with the Market Capitalisation of 6.22 billion has total of 203,351K Shares Outstanding. Its annual sales at the moment are 5,681 M in contrast with the sum of 378,130 K annual income. Company’s last quarter sales were recorded 1,977 M and last quarter income was 147,970 K.