MDU Resources Group Inc (NYSE: MDU) is -7.55% lower on its value in year-to-date trading and has touched a low of $12.98 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 $16.78 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $16.66, the stock is -1.12% and -2.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing -0.72% at the moment leaves the stock 3.17% off its SMA200. MDU registered 29.57% gain for a year compared to 6-month gain of 9.01%. The firm has a 50-day simple moving average (SMA 50) of $17.1718 and a 200-day simple moving average (SMA200) of $16.152391.
The stock witnessed a -1.94% loss in the last 1 month and extending the period to 3 months gives it a -7.60%, and is -2.29% 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 1.55% over the week and 2.12% over the month.
MDU Resources Group Inc (MDU) has around 2052 employees, a market worth around $3.40B and $3.85B in sales. Current P/E ratio is 12.12 and Fwd P/E is 16.40. Profit margin for the company is 7.31%. Distance from 52-week low is 28.36% and -18.30% from its 52-week high. The company has generated returns on investments over the last 12 months (5.81%).
The EPS is expected to grow by 5.66% this year
512.0 institutions hold shares in MDU Resources Group Inc (MDU), with institutional investors hold 81.99% of the company’s shares. The shares outstanding are 203.93M, and float is at 197.82M with Short Float at 3.05%. Institutions hold 81.49% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.61 million shares valued at $467.1 million. The investor’s holdings represent 16.4747 of the MDU Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 20.52 million shares valued at $514.98 million to account for 10.0684 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 FMR LLC holds 6.5784 of the shares totaling 7.43 million with a market value of $186.51 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.
