Alert: Negative Investment/Fundamental Signals (6/10/24)-MDU Resources Group Inc. (NYSE: MDU)

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Extremely important negative changes in investment behavior have recently occurred for MDU Resources Group Inc. (NYSE: MDU): negative upside/downside volume developed, and its shorter term price trend turned down.

MDU Resources Group Inc. (NYSE: MDU). Notable negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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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 C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. MDU Resources Group has a slightly negative Appreciation Score of 35 but a good Power Rating of 79, with the High Neutral Value Trend Rating the result.

Recent Price Action

On 6/10/24, MDU Resources Group Inc. (NYSE: MDU) stock increased 1.4%, closing at $24.82. Moreover, trading volume in this advance was above average at 122% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.7% during the last week.

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