Is NewJersey Resources Stock a Good Investment?
NewJersey Resources Investment Advice | NJR |
- Examine NewJersey Resources' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research NewJersey Resources' leadership team and their track record. Good management can help NewJersey Resources navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Gas Utilities space and any emerging trends that could impact NewJersey Resources' business and its evolving consumer preferences.
- Compare NewJersey Resources' performance and market position to its competitors. Analyze how NewJersey Resources is positioned in terms of product offerings, innovation, and market share.
- Check if NewJersey Resources pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about NewJersey Resources' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in NewJersey Resources stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if NewJersey Resources is a good investment.
Sell | Buy |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine NewJersey Resources Stock
Researching NewJersey Resources' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 75.0% of the company shares are owned by institutional investors. The book value of NewJersey Resources was now reported as 20.4. The company has Price/Earnings To Growth (PEG) ratio of 2.41. NewJersey Resources last dividend was issued on the 11th of December 2024. The entity had 2:1 split on the 4th of March 2015.
To determine if NewJersey Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NewJersey Resources' research are outlined below:
| NewJersey Resources has 3.29 B in debt with debt to equity (D/E) ratio of 1.72, which is OK given its current industry classification. NewJersey Resources has a current ratio of 0.68, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for NewJersey to invest in growth at high rates of return. | |
| About 75.0% of NewJersey Resources shares are owned by institutional investors | |
| On 1st of October 2024 NewJersey Resources paid $ 0.45 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: StockNews.com Upgrades New Jersey Resources to Hold |
NewJersey Resources Quarterly Long Term Debt |
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NewJersey Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in NewJersey Resources. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NewJersey Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 19th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact NewJersey Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises NewJersey Resources' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-11-18 | 2021-09-30 | 0.08 | 0.07 | -0.01 | 12 | ||
2009-07-29 | 2009-06-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2008-07-30 | 2008-06-30 | -0.06 | -0.05 | 0.01 | 16 | ||
2005-10-27 | 2005-09-30 | -0.05 | -0.06 | -0.01 | 20 | ||
2005-07-27 | 2005-06-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2004-10-27 | 2004-09-30 | -0.05 | -0.06 | -0.01 | 20 | ||
2004-07-28 | 2004-06-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2003-10-28 | 2003-09-30 | -0.05 | -0.04 | 0.01 | 20 |
Know NewJersey Resources' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as NewJersey Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NewJersey Resources backward and forwards among themselves. NewJersey Resources' institutional investor refers to the entity that pools money to purchase NewJersey Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-06-30 | 1.1 M | Neuberger Berman Group Llc | 2024-06-30 | 1.1 M | Proshare Advisors Llc | 2024-06-30 | 886.1 K | Duff & Phelps Inv Mgmt Co (il) | 2024-06-30 | 875.6 K | Fmr Inc | 2024-06-30 | 872.1 K | Massachusetts Financial Services Company | 2024-06-30 | 830.6 K | Goldman Sachs Group Inc | 2024-06-30 | 729.7 K | Aqr Capital Management Llc | 2024-06-30 | 618.4 K | Jpmorgan Chase & Co | 2024-06-30 | 522.5 K | Blackrock Inc | 2024-06-30 | 16.6 M | Vanguard Group Inc | 2024-06-30 | 11.8 M |
NewJersey Resources' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.73 B.Market Cap |
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NewJersey Resources' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.08 | 0.12 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | 0.15 | 0.14 |
Determining NewJersey Resources' profitability involves analyzing its financial statements and using various financial metrics to determine if NewJersey Resources is a good buy. For example, gross profit margin measures NewJersey Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NewJersey Resources' profitability and make more informed investment decisions.
Evaluate NewJersey Resources' management efficiency
NewJersey Resources has Return on Asset of 0.0359 % which means that on every $100 spent on assets, it made $0.0359 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1139 %, implying that it generated $0.1139 on every 100 dollars invested. NewJersey Resources' management efficiency ratios could be used to measure how well NewJersey Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/14/2024, Return On Capital Employed is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.05. At this time, NewJersey Resources' Total Assets are relatively stable compared to the past year. As of 11/14/2024, Non Current Assets Total is likely to grow to about 7.3 B, while Total Current Assets are likely to drop slightly above 605.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 18.47 | 19.39 | |
| Tangible Book Value Per Share | 18.39 | 19.31 | |
| Enterprise Value Over EBITDA | 10.95 | 9.85 | |
| Price Book Value Ratio | 1.78 | 1.75 | |
| Enterprise Value Multiple | 10.95 | 9.85 | |
| Price Fair Value | 1.78 | 1.75 | |
| Enterprise Value | 1.6 B | 883.6 M |
Leadership at NewJersey Resources has been instrumental in navigating market challenges and seizing growth opportunities. Our analysis focuses on how these leadership qualities translate into financial performance.
Dividend Yield 0.0377 | Forward Dividend Yield 0.0377 | Forward Dividend Rate 1.8 | Beta 0.612 |
Basic technical analysis of NewJersey Stock
As of the 14th of November 2024, NewJersey Resources secures the Downside Deviation of 0.8139, risk adjusted performance of 0.1024, and Mean Deviation of 0.6991. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NewJersey Resources, as well as the relationship between them. Please verify NewJersey Resources jensen alpha and downside variance to decide if NewJersey Resources is priced some-what accurately, providing market reflects its recent price of 47.73 per share. Given that NewJersey Resources has jensen alpha of 0.0219, we recommend you to check NewJersey Resources's last-minute market performance to make sure the company can sustain itself at a future point.NewJersey Resources' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NewJersey Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on NewJersey Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NewJersey Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
NewJersey Resources' Outstanding Corporate Bonds
NewJersey Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. NewJersey Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NewJersey bonds can be classified according to their maturity, which is the date when NewJersey Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand NewJersey Resources' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing NewJersey Resources' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1024 | |||
| Market Risk Adjusted Performance | 0.1905 | |||
| Mean Deviation | 0.6991 | |||
| Semi Deviation | 0.6219 | |||
| Downside Deviation | 0.8139 | |||
| Coefficient Of Variation | 755.92 | |||
| Standard Deviation | 0.9141 | |||
| Variance | 0.8355 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0219 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1805 | |||
| Maximum Drawdown | 4.0 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.59 | |||
| Downside Variance | 0.6624 | |||
| Semi Variance | 0.3868 | |||
| Expected Short fall | (0.79) | |||
| Skewness | 0.6254 | |||
| Kurtosis | 0.5509 |
| Risk Adjusted Performance | 0.1024 | |||
| Market Risk Adjusted Performance | 0.1905 | |||
| Mean Deviation | 0.6991 | |||
| Semi Deviation | 0.6219 | |||
| Downside Deviation | 0.8139 | |||
| Coefficient Of Variation | 755.92 | |||
| Standard Deviation | 0.9141 | |||
| Variance | 0.8355 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0219 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1805 | |||
| Maximum Drawdown | 4.0 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.59 | |||
| Downside Variance | 0.6624 | |||
| Semi Variance | 0.3868 | |||
| Expected Short fall | (0.79) | |||
| Skewness | 0.6254 | |||
| Kurtosis | 0.5509 |
Consider NewJersey Resources' intraday indicators
NewJersey Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NewJersey Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 5116.31 | |||
| Daily Balance Of Power | (0.03) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 48.03 | |||
| Day Typical Price | 47.93 | |||
| Price Action Indicator | (0.31) | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 49.79 |
NewJersey Resources Corporate Filings
8K | 12th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 8th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
ASR | 25th of September 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
| 20th of June 2024 Other Reports | ViewVerify |
NewJersey Stock media impact
Far too much social signal, news, headlines, and media speculation about NewJersey Resources that are available to investors today. That information is available publicly through NewJersey media outlets and privately through word of mouth or via NewJersey internal channels. However, regardless of the origin, that massive amount of NewJersey data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of NewJersey Resources news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of NewJersey Resources relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to NewJersey Resources' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive NewJersey Resources alpha.
NewJersey Resources Historical Investor Sentiment
Investor biases related to NewJersey Resources' public news can be used to forecast risks associated with an investment in NewJersey. The trend in average sentiment can be used to explain how an investor holding NewJersey can time the market purely based on public headlines and social activities around NewJersey Resources. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
NewJersey Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for NewJersey Resources and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average NewJersey Resources news discussions. The higher the estimate score, the more favorable the investor's outlook on NewJersey Resources.
NewJersey Resources Corporate Directors
| Jane Kenny | Independent Director | Profile | |
| Adam Prior | Director Relations | Profile | |
| Thomas OConnor | Independent Director | Profile | |
| M Hardwick | Independent Director | Profile |
Additional Tools for NewJersey Stock Analysis
When running NewJersey Resources' price analysis, check to measure NewJersey Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewJersey Resources is operating at the current time. Most of NewJersey Resources' value examination focuses on studying past and present price action to predict the probability of NewJersey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewJersey Resources' price. Additionally, you may evaluate how the addition of NewJersey Resources to your portfolios can decrease your overall portfolio volatility.