Home Sectors Basic Materials Long or Short: MDU Resources Group (NYSE: MDU)

Long or Short: MDU Resources Group (NYSE: MDU)

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MDU Resources Group is part of the basic materials sector and building materials industry. The company CEO is David L. Goodin. MDU Resources Group Inc operates as a diversified natural resource company. The company mines aggregates and markets crushed stone, sand, gravel and related construction materials, including ready-mixed concrete, cement, asphalt, and liquid asphalt.

Previous Intraday Trading Performance:

The MDU stock showed a previous change of 1.40% with an open at 25.13 and a close of 25.41. It reached an intraday high of 25.43 and a low of 24.91.

SeekingAlpha:  Mdu Resources (MDU) Presents At AGA Financial Forum 2019 – Slideshow

Liquidity:

The stock has a market cap of $5.0b with 198.1m shares outstanding, of which the float is 195.6m shares. Trading volume reached 1,304,039 shares compared to its average volume of 1,235,905 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, MDU Resources Group shares returned 2.50% and in the past 30 trading days it returned -0.63%. Over three months, it changed -3.95%. In one year it has changed -6.23% and within that year its 52-week high was 29.62 and its 52-week low was 22.73. MDU stock is 11.79% above its 52 Week Low.

Our calculations show a 200 day moving average of 25.67 and a 50 day moving average of 25.58. Currently MDU stock is trading -1.02% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

SeekingAlpha:  Mdu Resources (MDU) Presents At AGA Financial Forum 2019 – Slideshow

Earnings:

The last annual fiscal EPS for the company was reported at 1.39 that ended on 31st of December 2018, which according to the previous close, that is a PE of 18.28. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.24. The TTM EPS is 1.38, which comes to a TTM PE of 18.41.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/30/2019): 0.21
4thQtr of 2018 (Reported on 02/05/2019): 0.40
3rdQtr of 2018 (Reported on 10/31/2018): 0.55
2ndQtr of 2018 (Reported on 07/31/2018): 0.22
1stQtr of 2018 (Reported on 05/02/2018): 0.22

The dividend per share is currently 0.81, which is a dividend yield of 3.19%. Also, the payout ratio is 58.70%, therefore the dividend is safe according to our calculations.

Indicators to Watch:

Short-interest was 2,484,896, which was 1.25% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.76. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.69.

SeekingAlpha:  Manhattan Associates, Inc. (MANH) CEO Eddie Capel on Q1 2019 Results – Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company’s return on assets is 4.15%, profit margin is 5.86%, price-to-sales is 1.07 and price-to-book is 1.91.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 3  :Past Performance Score
 2  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.