Favorable Press Coverage Somewhat Unlikely to Affect MDU Resources Group (MDU) Share Price
News articles about MDU Resources Group (NYSE:MDU) have trended positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MDU Resources Group earned a media sentiment score of 0.37 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 46.1250100158626 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of MDU Resources Group (NYSE MDU) traded down $0.38 during trading hours on Thursday, hitting $26.76. The stock had a trading volume of 1,061,115 shares, compared to its average volume of 848,912. The firm has a market cap of $5,310.00, a P/E ratio of 23.25, a price-to-earnings-growth ratio of 2.90 and a beta of 0.91. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 1.01. MDU Resources Group has a 12 month low of $25.14 and a 12 month high of $29.74.
MDU Resources Group (NYSE:MDU) last announced its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03). The business had revenue of $1.27 billion during the quarter. MDU Resources Group had a net margin of 5.39% and a return on equity of 10.20%. During the same quarter last year, the company earned $0.45 earnings per share. research analysts predict that MDU Resources Group will post 1.19 EPS for the current fiscal year.
MDU has been the topic of a number of analyst reports. Zacks Investment Research lowered MDU Resources Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. KeyCorp reiterated a “buy” rating and issued a $28.00 price target on shares of MDU Resources Group in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $30.75.
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About MDU Resources Group
MDU Resources Group, Inc is engaged in regulated energy delivery and construction materials and services business. The Company’s businesses segments are electric, natural gas distribution, pipeline and midstream, construction materials and contracting, and construction services. The electric segment generates, transmits and distributes electricity.
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