MDU Resources Group Inc. (NYSE: MDU) is -3.16% lower on its value in year-to-date trading and has touched a low of $25.21 and a high of $32.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MDU stock was last observed hovering at around $29.26 in the last trading session, with the day’s gains setting it 0.12% off its average median price target of $33.50 for the next 12 months. It is also 24.67% off the consensus price target high of $39.00 offered by analysts, but current levels are -1.31% lower than the price target low of $29.00 for the same period.
Currently trading at $29.38, the stock is 0.84% and -0.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing 0.41% at the moment leaves the stock -1.89% off its SMA200. MDU registered 9.59% gain for a year compared to 6-month loss of -5.44%. The firm has a 50-day simple moving average (SMA 50) of $1.22 and a 200-day simple moving average (SMA200) of $9.57.
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The stock witnessed a 2.62% gain in the last 1 month and extending the period to 3 months gives it a -8.19%, and is 1.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.76% over the week and 1.89% over the month.
MDU Resources Group Inc. (MDU) has around 14929 employees, a market worth around $5.92B and $6.97B in sales. Current P/E ratio is 16.28 and Fwd P/E is 12.50. Profit margin for the company is 5.30%. Distance from 52-week low is 16.54% and -9.68% from its 52-week high. The company has generated returns on investments over the last 12 months (7.20%).
MDU Resources Group Inc. (MDU) Analyst Forecasts
MDU Resources Group Inc. is expected to release its quarterly report on 08/01/2023.The EPS is expected to shrink by -3.30% this year
MDU Resources Group Inc. (MDU) Top Institutional Holders
The shares outstanding are 203.38M, and float is at 201.62M with Short Float at 1.57%.
MDU Resources Group Inc. (MDU) Insider Activity
A total of 25 insider transactions have happened at MDU Resources Group Inc. (MDU) in the last six months, with sales accounting for 8 and purchases happening 17 times.