MDU Resources Group Inc. (NYSE: MDU) has reported E.P.S. of $0.31 for its third fiscal quarter (ending September 30) versus $0.38 for the same period a year ago — a decline of -18%. E.P.S. were $1.94 for the latest four quarters through September 30 versus $2.03 for the same period a year ago — a decline of -4%.
Recent Price Action
MDU Resources Group Inc. (NYSE: MDU) stock closed at $17.51 on 11/7/24 after a large increase of 3.3%. Moreover, trading volume in this advance was above average at 131% of normal. Relative to the market the stock has been strong over the last nine months but has declined -39.4% during the last week.
Current PriceTarget Research Rating
MDU is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
MDU Resources Group has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. MDU Resources Group has a slightly positive Appreciation Score of 62 and a slightly positive Power Rating of 66, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment