On Monday, MDU Resources Group Inc (NYSE: MDU) opened lower -3.43% from the last session, before settling in for the closing price of $30.28. Price fluctuations for MDU have ranged from $18.04 to $30.52 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 1.43% annually for the last half of the decade. Company’s average yearly earnings per share was noted 8.59% at the time writing. With a float of $198.14 million, this company’s outstanding shares have now reached $203.69 million.
In an organization with 9145 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 15.62%, operating margin of 10.26%, and the pretax margin is 9.69%.
MDU Resources Group Inc (MDU) Insider Updates
A key investor’s attitude towards the stock of the Conglomerates industry is another important factor to consider. The insider ownership of MDU Resources Group Inc is 2.82%, while institutional ownership is 74.76%. The most recent insider transaction that took place on May 07 ’24, was worth 923,970. In this transaction President-WBI Holdings of this company bought 36,291 shares at a rate of $25.46, taking the stock ownership to the 41,934 shares. Before that another transaction happened on Mar 12 ’24, when Company’s Director bought 375 for $22.55, making the entire transaction worth $8,456. This insider now owns 16,499 shares in total.
MDU Resources Group Inc (MDU) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.38 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.25) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.97% during the next five years compared to 7.93% growth over the previous five years of trading.
MDU Resources Group Inc (NYSE: MDU) Trading Performance Indicators
Check out the current performance indicators for MDU Resources Group Inc (MDU). In the past quarter, the stock posted a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36. Likewise, its price to free cash flow for the trailing twelve months is 198.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.99, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.71 in one year’s time.
Technical Analysis of MDU Resources Group Inc (MDU)
Let’s dig in a bit further. During the last 5-days, its volume was 3.1 million. That was better than the volume of 1.46 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.28%. Additionally, its Average True Range was 0.76.
During the past 100 days, MDU Resources Group Inc’s (MDU) raw stochastic average was set at 80.72%, which indicates a significant increase from 65.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.09% in the past 14 days, which was higher than the 25.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.47, while its 200-day Moving Average is $24.27. However, in the short run, MDU Resources Group Inc’s stock first resistance to watch stands at $29.80. Second resistance stands at $30.36. The third major resistance level sits at $30.65. If the price goes on to break the first support level at $28.95, it is likely to go to the next support level at $28.66. Assuming the price breaks the second support level, the third support level stands at $28.10.
MDU Resources Group Inc (NYSE: MDU) Key Stats
There are currently 203,888K shares outstanding in the company with a market cap of 5.96 billion. Presently, the company’s annual sales total 4,657 M according to its annual income of 414,710 K. Last quarter, the company’s sales amounted to 1,048 M and its income totaled 60,440 K.
