Artesian Resources Stock Buy Hold or Sell Recommendation
| ARTNA Stock | USD 36.34 0.35 0.97% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Artesian Resources is 'Strong Hold'. Macroaxis provides Artesian Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ARTNA positions.
Check out Artesian Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide. In addition, we conduct extensive research on individual companies such as Artesian and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Artesian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Artesian |
Execute Artesian Resources Buy or Sell Advice
The Artesian recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Artesian Resources. Macroaxis does not own or have any residual interests in Artesian Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Artesian Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Artesian Resources Trading Alerts and Improvement Suggestions
| Artesian Resources generated a negative expected return over the last 90 days | |
| Artesian Resources has accumulated 181.06 M in total debt with debt to equity ratio (D/E) of 1.03, which is about average as compared to similar companies. Artesian Resources has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Artesian Resources' use of debt, we should always consider it together with its cash and equity. | |
| Artesian Resources has a strong financial position based on the latest SEC filings | |
| About 64.0% of Artesian Resources shares are held by institutions such as insurance companies | |
| On 27th of August 2024 Artesian Resources paid $ 0.2955 per share dividend to its current shareholders |
Artesian Resources Returns Distribution Density
The distribution of Artesian Resources' historical returns is an attempt to chart the uncertainty of Artesian Resources' future price movements. The chart of the probability distribution of Artesian Resources daily returns describes the distribution of returns around its average expected value. We use Artesian Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Artesian Resources returns is essential to provide solid investment advice for Artesian Resources.
| Mean Return | -0.09 | Value At Risk | -2.26 | Potential Upside | 3.05 | Standard Deviation | 1.55 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Artesian Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Artesian Stock Institutional Investors
| Shares | Foundry Partners, Llc | 2024-06-30 | 127.9 K | Geode Capital Management, Llc | 2024-06-30 | 108.1 K | First Manhattan Co. Llc | 2024-06-30 | 103.5 K | Acadian Asset Management Llc | 2024-06-30 | 92.8 K | Legal & General Group Plc | 2024-06-30 | 92.4 K | Northern Trust Corp | 2024-06-30 | 84.9 K | Cubist Systematic Strategies, Llc | 2024-06-30 | 81.2 K | Roffman Miller Associates Inc | 2024-06-30 | 80.6 K | Fca Corp | 2024-06-30 | 75.9 K | T. Rowe Price Investment Management,inc. | 2024-06-30 | 790.8 K | Blackrock Inc | 2024-06-30 | 684.7 K |
Artesian Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 303K | (568K) | 64K | 1.2M | 1.2M | 1.3M | |
| Free Cash Flow | (21.8M) | (13.9M) | (9.5M) | (24.2M) | (30.3M) | (28.8M) | |
| Other Non Cash Items | (886K) | (781K) | (556K) | (894K) | (796K) | (756.2K) | |
| Dividends Paid | 9.1M | 9.4M | 9.8M | 10.3M | 11.2M | 6.1M | |
| Capital Expenditures | 40.7M | 34.3M | 40.8M | 48.5M | 62.2M | 65.3M | |
| Net Income | 14.9M | 16.8M | 16.8M | 18.0M | 16.7M | 9.0M | |
| End Period Cash Flow | 596K | 28K | 92K | 1.3M | 2.5M | 2.6M | |
| Change To Inventory | 195K | (271K) | (398K) | (2.8M) | (1.3M) | (1.2M) | |
| Depreciation | 10.8M | 11.1M | 11.9M | 12.6M | 13.3M | 8.5M | |
| Change To Netincome | (4.2M) | (3.2M) | 1.9M | 8.3M | 9.6M | 10.1M | |
| Change Receivables | (94K) | (2.3M) | 94K | (3.8M) | (3.4M) | (3.2M) | |
| Net Borrowings | 19.6M | 17.6M | 2.1M | 23.5M | 27.0M | 28.4M | |
| Investments | (40.6M) | (40.0M) | (40.7M) | (54.8M) | (60.6M) | (63.6M) |
Artesian Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Artesian Resources or Water Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Artesian Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Artesian stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.70 | |
σ | Overall volatility | 1.47 | |
Ir | Information ratio | -0.12 |
Artesian Resources Volatility Alert
Artesian Resources exhibits very low volatility with skewness of 0.47 and kurtosis of 0.78. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Artesian Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Artesian Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Artesian Resources Fundamentals Vs Peers
Comparing Artesian Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Artesian Resources' direct or indirect competition across all of the common fundamentals between Artesian Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Artesian Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Artesian Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Artesian Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Artesian Resources to competition |
| Fundamentals | Artesian Resources | Peer Average |
| Return On Equity | 0.0792 | -0.31 |
| Return On Asset | 0.0254 | -0.14 |
| Profit Margin | 0.18 % | (1.27) % |
| Operating Margin | 0.33 % | (5.51) % |
| Current Valuation | 545.43 M | 16.62 B |
| Shares Outstanding | 9.41 M | 571.82 M |
| Shares Owned By Insiders | 3.95 % | 10.09 % |
| Shares Owned By Institutions | 64.03 % | 39.21 % |
| Number Of Shares Shorted | 86.1 K | 4.71 M |
| Price To Earning | 29.66 X | 28.72 X |
| Price To Book | 1.59 X | 9.51 X |
| Price To Sales | 3.59 X | 11.42 X |
| Revenue | 98.86 M | 9.43 B |
| Gross Profit | 48.27 M | 27.38 B |
| EBITDA | 42.13 M | 3.9 B |
| Net Income | 16.7 M | 570.98 M |
| Cash And Equivalents | 220 K | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 181.06 M | 5.32 B |
| Debt To Equity | 1.03 % | 48.70 % |
| Current Ratio | 0.51 X | 2.16 X |
| Book Value Per Share | 22.77 X | 1.93 K |
| Cash Flow From Operations | 31.85 M | 971.22 M |
| Short Ratio | 2.41 X | 4.00 X |
| Earnings Per Share | 1.78 X | 3.12 X |
| Price To Earnings To Growth | 7.29 X | 4.89 X |
| Target Price | 52.0 | |
| Number Of Employees | 251 | 18.84 K |
| Beta | 0.18 | -0.15 |
| Market Capitalization | 370.13 M | 19.03 B |
| Total Asset | 767.15 M | 29.47 B |
| Retained Earnings | 76.74 M | 9.33 B |
| Working Capital | 8.2 M | 1.48 B |
Note: Acquisition by Biederman Kenneth R of 1000 shares of Artesian Resources subject to Rule 16b-3 [view details]
Artesian Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Artesian . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Artesian Resources Buy or Sell Advice
When is the right time to buy or sell Artesian Resources? Buying financial instruments such as Artesian Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Artesian Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Water Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Artesian Resources. If investors know Artesian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Artesian Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.176 | Dividend Share 1.159 | Earnings Share 1.78 | Revenue Per Share 10.02 | Quarterly Revenue Growth 0.086 |
The market value of Artesian Resources is measured differently than its book value, which is the value of Artesian that is recorded on the company's balance sheet. Investors also form their own opinion of Artesian Resources' value that differs from its market value or its book value, called intrinsic value, which is Artesian Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Artesian Resources' market value can be influenced by many factors that don't directly affect Artesian Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Artesian Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Artesian Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Artesian Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.