Newjersey Resources Stock Analysis
| NJR Stock | USD 47.75 0.19 0.40% |
NewJersey Resources is fairly valued with Real Value of 47.74 and Target Price of 48.43. The main objective of NewJersey Resources stock analysis is to determine its intrinsic value, which is an estimate of what NewJersey Resources is worth, separate from its market price. There are two main types of NewJersey Resources' stock analysis: fundamental analysis and technical analysis.
The NewJersey Resources stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. NewJersey Resources is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. NewJersey Stock trading window is adjusted to America/New York timezone.
NewJersey |
NewJersey Stock Analysis Notes
About 74.0% 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 2.37. NewJersey Resources last dividend was issued on the 11th of December 2024. The entity had 2:1 split on the 4th of March 2015. New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company was incorporated in 1981 and is headquartered in Wall, New Jersey. Newjersey Resources operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. It employs 1288 people. To find out more about NewJersey Resources contact George Zoffinger at 732 938 1000 or learn more at https://www.njresources.com.NewJersey Resources Quarterly Total Revenue |
|
NewJersey Resources Investment Alerts
| 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 74.0% 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 Upcoming and Recent Events
| 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 |
NewJersey Largest EPS Surprises
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.
| 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 |
NewJersey Resources Environmental, Social, and Governance (ESG) Scores
NewJersey Resources' ESG score is a quantitative measure that evaluates NewJersey Resources' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of NewJersey Resources' operations that may have significant financial implications and affect NewJersey Resources' stock price as well as guide investors towards more socially responsible investments.
NewJersey Stock Institutional Investors
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 Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.74 B.NewJersey Profitablity
The company has Net Profit Margin of 0.14 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of (0.07) %, which entails that for every $100 of revenue, it lost $0.07.| 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 |
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 11/13/2024, 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 11/13/2024, Non Current Assets Total is likely to grow to about 7.3 B, while Other Assets are likely to drop slightly above 465.4 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 0.0378 | Operating Margin (0.07) | Profit Margin 0.1361 | Forward Dividend Yield 0.0378 | Beta 0.612 |
Technical Drivers
As of the 13th of November 2024, NewJersey Resources secures the Downside Deviation of 0.8293, risk adjusted performance of 0.1173, and Mean Deviation of 0.713. 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 47.75 per share. Given that NewJersey Resources has jensen alpha of 0.0293, 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 Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. NewJersey Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for NewJersey Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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 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 |
NewJersey Resources Predictive Daily 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.
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 |
F4 | 17th of October 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 |
8K | 2nd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
ASR | 25th of September 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
F4 | 22nd of August 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 |
8K | 9th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 6th of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
NewJersey Resources Forecast Models
NewJersey Resources' time-series forecasting models are one of many NewJersey Resources' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NewJersey Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About NewJersey Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how NewJersey Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NewJersey shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as NewJersey Resources. By using and applying NewJersey Stock analysis, traders can create a robust methodology for identifying NewJersey entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.14 | 0.15 | |
| Operating Profit Margin | 0.19 | 0.20 | |
| Net Profit Margin | 0.12 | 0.13 | |
| Gross Profit Margin | 0.36 | 0.21 |
Current NewJersey Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. NewJersey analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. NewJersey analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 48.43 | Buy | 8 | Odds |
Most NewJersey analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand NewJersey stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of NewJersey Resources, talking to its executives and customers, or listening to NewJersey conference calls.
NewJersey Stock Analysis Indicators
NewJersey Resources stock analysis indicators help investors evaluate how NewJersey Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading NewJersey Resources shares will generate the highest return on investment. By understating and applying NewJersey Resources stock analysis, traders can identify NewJersey Resources position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 1.5 M | |
| Total Stockholder Equity | 2 B | |
| Capital Lease Obligations | 152.8 M | |
| Property Plant And Equipment Net | 5.2 B | |
| Cash And Short Term Investments | 954 K | |
| Cash | 954 K | |
| 50 Day M A | 46.5664 | |
| Net Interest Income | -123 M | |
| Total Current Liabilities | 806.6 M | |
| Forward Price Earnings | 16.0772 | |
| Interest Expense | 123 M | |
| Stock Based Compensation | -36.5 M | |
| Long Term Debt | 2.8 B | |
| Common Stock Shares Outstanding | 97.6 M | |
| Total Cashflows From Investing Activities | -538.6 M | |
| Tax Provision | 49.3 M | |
| Quarterly Earnings Growth Y O Y | -0.884 | |
| Accounts Payable | 203.9 M | |
| Net Debt | 3.3 B | |
| Other Operating Expenses | 1.6 B | |
| Non Current Assets Total | 6 B | |
| Liabilities And Stockholders Equity | 6.5 B | |
| Non Currrent Assets Other | 666.7 M |
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.