While MDU Resources Group Inc has underperformed by -5.89%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MDU rose by 57.76%, with highs and lows ranging from $20.39 to $10.49, whereas the simple moving average jumped by 8.20% in the last 200 days.
On January 08, 2025, Jefferies started tracking MDU Resources Group Inc (NYSE: MDU) recommending Hold. A report published by BofA Securities on November 05, 2024, Upgraded its rating to ‘Buy’ for MDU. Siebert Williams Shank also Upgraded MDU shares as ‘Buy’, setting a target price of $19 on the company’s shares in a report dated November 04, 2024. BofA Securities October 21, 2024d the rating to Neutral on October 21, 2024, and set its price target from $30 to $31. Argus May 20, 2024d its ‘Hold’ rating to ‘Buy’ for MDU, as published in its report on May 20, 2024. BofA Securities’s report from June 01, 2023 suggests a price prediction of $22 for MDU shares, giving the stock a ‘Buy’ rating. BofA Securities also rated the stock as ‘Underperform’.
Analysis of MDU Resources Group Inc (MDU)
Investors in MDU Resources Group Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.51 per share. Further, the quarter-over-quarter increase in sales is 4.97%, showing a positive trend in the upcoming months.
One of the most important indicators of MDU Resources Group Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 13.56% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.07, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and MDU is recording 2.05M average volume. On a monthly basis, the volatility of the stock is set at 2.31%, whereas on a weekly basis, it is put at 2.54%, with a loss of -5.47% over the past seven days. Furthermore, long-term investors anticipate a median target price of $20.00, showing growth from the present price of $16.93, which can serve as yet another indication of whether MDU is worth investing in or should be passed over.
How Do You Analyze MDU Resources Group Inc Shares?
The Conglomerates market is dominated by MDU Resources Group Inc (MDU) based in the USA. When comparing MDU Resources Group Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 8.72, there is a growth in quarterly earnings of -14.10%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.75%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 77.85% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MDU shares are owned by institutional investors to the tune of 77.85% at present.
