MDU Resources Group Inc. (NYSE: MDU) has reported earnings for its third fiscal quarter (ending September 30) of $0.38 versus $0.73 for the same period a year ago — a decline of -48%. However, this result exceeded the consensus estimate of $0.25 by $0.13. For the latest four quarters through September 30, E.P.S. were $2.09 compared to $1.65 a year ago — an increase of 27%.
Recent Price Action
MDU Resources Group Inc. (NYSE: MDU) stock closed at $18.79 on 11/2/23 after a modest gain of 0.8%. The stock has risen 0.7% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
MDU's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
MDU Resources Group has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock's attractiveness. MDU Resources Group has a good Appreciation Score of 78 but a poor Power Rating of 27, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.