MDU Resources Group Inc (NYSE: MDU) is -7.38% lower on its value in year-to-date trading and has touched a low of $11.47 and a high of $20.39 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 $16.85 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $16.69, the stock is -3.54% and -6.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing -0.95% at the moment leaves the stock 5.73% off its SMA200. MDU registered 44.22% gain for a year compared to 6-month gain of 21.00%.
The stock witnessed a -10.32% loss in the last 1 month and extending the period to 3 months gives it a -9.00%, and is -0.83% down 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 1.65% over the week and 2.29% over the month.
MDU Resources Group Inc (MDU) has around 9145 employees, a market worth around $3.40B and $3.85B in sales. Current P/E ratio is 12.14 and Fwd P/E is 16.31. Profit margin for the company is 7.31%. Distance from 52-week low is 45.54% and -18.16% from its 52-week high. The company has generated returns on investments over the last 12 months (5.64%).
with sales reaching $653.13M over the same period.The EPS is expected to grow by 18.75% this year, but quarterly earnings will post 9.51% year-over-year. Quarterly sales are estimated to shrink -46.19% in year-over-year returns.
The shares outstanding are 203.89M, and float is at 197.31M with Short Float at 2.20%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.52 million shares valued at $514.98 million. The investor’s holdings represent 10.0684 of the MDU Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 18.61 million shares valued at $467.1 million to account for 9.1322 of the shares outstanding. The other top investors are CORVEX MANAGEMENT LP which holds 10.15 million shares representing 8.9831 and valued at over $254.69 million, while BARROW HANLEY MEWHINNEY & STRAUSS LLC holds 5.3545 of the shares totaling 6.05 million with a market value of $151.81 million.
MDU Resources Group Inc (MDU) Insider Activity
The most recent transaction is an insider purchase by JOHNSON DENNIS W, the company’s Director. SEC filings show that JOHNSON DENNIS W bought 30,000 shares of the company’s common stock on Feb 10 ’25 at a price of $16.64 per share for a total of $0.5 million. Following the purchase, the insider now owns 0.18 million shares.
MDU Resources Group Inc disclosed in a document filed with the SEC on May 07 ’24 that Johnson Rob L. (President-WBI Holdings) bought a total of 36,291 shares of the company’s common stock. The trade occurred on May 07 ’24 and was made at $25.46 per share for $0.92 million. Following the transaction, the insider now directly holds 41934.0 shares of the MDU stock.
Still, SEC filings show that on Mar 12 ’24, Rosenthal Dale (Director) acquired 375 shares at an average price of $22.55 for $8456.0. The insider now directly holds 16,499 shares of MDU Resources Group Inc (MDU).