NewJersey Resources Corporation is part of the regulated utilities industry and utilities sector. New Jersey Resources Corp is a utilities service provider. The company mainly provides other retail and wholesale energy services.
Previous Intraday Trading Performance:
The NJR stock showed a previous change of -0.06% with an open at 48.57 and a close of 48.47. It reached an intraday high of 48.86 and a low of 48.10.
The stock has a market cap of $4.3b with 89.2m shares outstanding, of which the float is 87.7m shares. Trading volume reached 329,255 shares compared to its average volume of 360,142 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.
Historical Trading Performance:
Over the last five trading days, NewJersey Resources Corporation shares returned -0.27% and in the past 30 trading days it returned -3.21%. Over three months, it changed -2.90%. In one year it has changed 22.06% and within that year its 52-week high was 51.83 and its 52-week low was 40.45. NJR stock is 19.83% above its 52 Week Low.
Our calculations show a 200 day moving average of 47.32 and a 50 day moving average of 49.04. Currently NJR stock is trading 2.43% above its 200 day moving average and may be a good opportunity to buy.
The last annual fiscal EPS for the company was reported at 2.65 that ended on 30th of September 2018, which according to the previous close, that is a PE of 18.29. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.69. The TTM EPS is 1.81, which comes to a TTM PE of 26.78. Historically, the PE high was 31.50 and the PE low was 13.30. If the stock reached its PE low, that would represent a price of 24.07, which is a decrease of -50.34%.
Below was the last reported quarterly diluted earnings per share:
|1st||Qtr of 2019||(Reported on 05/03/2019):||0.82|
|4th||Qtr of 2018||(Reported on 02/06/2019):||0.97|
|3rd||Qtr of 2018||(Reported on 11/20/2018):||-0.18|
|2nd||Qtr of 2018||(Reported on 08/07/2018):||-0.16|
|1st||Qtr of 2018||(Reported on 05/04/2018):||1.59|
The dividend per share is currently 1.17, which is a dividend yield of 2.41%.
Indicators to Watch:
Short-interest was 3,087,262, which was 3.46% of shares outstanding. The short-interest ratio or days-to-cover ratio was 9.07. 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 0.35.
Based on last reported financials, the company’s return on equity is 8.90%, return on assets is 3.36%, profit margin is 4.62%, price-to-sales is 1.51 and price-to-book is 2.76.
All scores are out of six:
0 :Valuation Score
1 :Past Performance Score
1 :Financial Strength Score
1 :Future Growth Score
5 :Dividend Score
1 :Overall Score