MDU Resources Group Inc (NYSE: MDU) is -2.28% lower on its value in year-to-date trading and has touched a low of $13.22 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 $17.54 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $17.61, the stock is 4.04% and 4.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.16 million and changing 0.40% at the moment leaves the stock 6.40% off its SMA200. MDU registered 26.91% gain for a year compared to 6-month gain of 16.62%.
The stock witnessed a 12.24% loss in the last 1 month and extending the period to 3 months gives it a -2.11%, and is 2.74% 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 1.52% over the week and 2.57% over the month.
MDU Resources Group Inc (MDU) has around 2052 employees, a market worth around $3.60B and $3.85B in sales. Current P/E ratio is 12.81 and Fwd P/E is 17.17. Profit margin for the company is 7.31%. Distance from 52-week low is 33.18% and -13.65% 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 6.50% this year
The shares outstanding are 203.93M, and float is at 197.82M with Short Float at 3.33%.
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 18.1637 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 16.4747 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 DIMENSIONAL FUND ADVISORS LP holds 6.6326 of the shares totaling 7.49 million with a market value of $188.05 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.
