Research analysts at StockNews.com began coverage on shares of MDU Resources Group (NYSE:MDU – Get Rating) in a research report issued to clients and investors on Wednesday. The brokerage set a “buy” rating on the utilities provider’s stock.
MDU Resources Group Stock Down 0.6 %
MDU opened at $29.66 on Wednesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.29 and a quick ratio of 1.03. The business has a 50 day simple moving average of $29.48 and a 200-day simple moving average of $30.23. The stock has a market capitalization of $6.04 billion, a P/E ratio of 16.12, a P/E/G ratio of 2.53 and a beta of 0.75. MDU Resources Group has a 12 month low of $25.21 and a 12 month high of $32.53.
MDU Resources Group (NYSE:MDU – Get Rating) last released its quarterly earnings data on Thursday, May 4th. The utilities provider reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.03. MDU Resources Group had a return on equity of 11.25% and a net margin of 5.13%. The firm had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period last year, the business posted $0.16 EPS. MDU Resources Group’s quarterly revenue was up 22.6% on a year-over-year basis. On average, equities analysts anticipate that MDU Resources Group will post 2 earnings per share for the current fiscal year.
Institutional Investors Weigh In On MDU Resources Group
MDU Resources Group Company Profile
MDU Resources Group, Inc engages in the provision of natural resource products and related services to energy and transportation infrastructure. It operates through the following business segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, Construction Services, and Other.
- Get a free copy of the StockNews.com research report on MDU Resources Group (MDU)
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