MDU Resources Group Inc [NYSE: MDU] gained 2.19% or 0.33 points to close at $15.43 with a heavy trading volume of 6734688 shares.
The daily chart for MDU points out that the company has recorded 9.58% gains over the past six months.
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If we look at the average trading volume of 3.79M shares, MDU reached to a volume of 6734688 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about MDU Resources Group Inc [MDU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MDU shares is $14.03 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MDU stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Siebert Williams Shank have made an estimate for MDU Resources Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Nov-05-24. While these analysts kept the previous recommendation, BofA Securities raised their target price from $30 to $31. The new note on the price target was released on October 21, 2024, representing the official price target for MDU Resources Group Inc stock. Previously, the target price had yet another raise to $30, while Argus analysts kept a Buy rating on MDU stock.
The Average True Range (ATR) for MDU Resources Group Inc is set at 0.47, with the Price to Sales ratio for MDU stock in the period of the last 12 months amounting to 0.68. The Price to Book ratio for the last quarter was 1.04, with the Price to Cash per share for the same quarter was set at 0.49. Price to Free Cash Flow for MDU in the course of the last twelve months was 98.96 with Quick ratio for the last quarter at 1.15.
Trading performance analysis for MDU stock
MDU Resources Group Inc [MDU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.92. With this latest performance, MDU shares gained by 2.26% in over the last four-week period, additionally plugging by 9.58% over the last 6 months – not to mention a rise of 48.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MDU stock in for the last two-week period is set at 46.93, with the RSI for the last a single of trading hit 11.54, and the three-weeks RSI is set at 21.03 for MDU Resources Group Inc [MDU]. The present Moving Average for the last 50 days of trading for this stock 26.80, while it was recorded at 23.50 for the last single week of trading, and 24.62 for the last 200 days.
MDU Resources Group Inc [MDU]: A deeper dive into fundamental analysis
MDU Resources Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.15 and a Current Ratio set at 1.21.
MDU Resources Group Inc [MDU]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MDU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for MDU Resources Group Inc go to 7.06%.
An analysis of Institutional ownership at MDU Resources Group Inc [MDU]
There are presently around $75.97%, or 76.46%% of MDU stock, in the hands of institutional investors. The top three institutional holders of MDU stocks are: VANGUARD GROUP INC with ownership of 20.52 million shares, which is approximately 10.0684%. BLACKROCK INC., holding 18.61 million shares of the stock with an approximate value of $$467.1 million in MDU stocks shares; and BLACKROCK INC., currently with $$254.69 million in MDU stock with ownership which is approximately 4.9794%.
