MDU Resources Group, Inc. (NYSE:MDU) registered a -5.03% decrease, still its new closing price is 69.68% up from the company’s 1 year high of 29.92.It posted -10.23% losses in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 2 buy or better ratings. The 6 stock analysts following this company have an average price target at $28.80, with individual PT in the $22.00-$31.00 range. The shares moved at $26.42, implying that brokerage firms see shares gaining about 57.45% in twelve months time.
MDU Resources Group, Inc. (MDU) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -8.17% fall year to date. A Director at MDU Resources Group, Inc. (MDU) offloaded shares in a transaction closed on Tuesday November 29, 2016. MOSS PATRICIA L sold 4,050 shares in the company at $28.3 each and collected $114,001 in proceeds. MOSS PATRICIA L now owns 75,418 shares in the company after this transaction. A Director in the company, EVERIST THOMAS S, disclosed a transaction on Wednesday August 24, 2016 that ended up generating $703,000 from the sale of 30,000 shares at $23.44 per share.
MDU Resources Group, Inc. (NYSE:MDU) Upcoming Results on Tap
MDU Resources Group, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.28 in that period. Sales during the quarter are predicted to arrive at $939.08 million.
Earnings surprise history: Last quarter, the company posted approximately $1.21 billion in revenue and EPS of $0.45. The mean forecast was for $1.29 billion and $0.43 a share, respectively. One quarter earlier, revenue for the stock was at $1.04 billion, with earnings at $0.24/share.
MDU Resources Group, Inc. (MDU) Brokerage Update
MDU Resources Group, Inc. (MDU) is in Barclays’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underweight from Equal Weight by Barclays, according to news reported on Wednesday February 04, 2015.Another important research note was issued by DA Davidson on Monday February 02, 2015.The firm downgraded MDU to Neutral from Buy. Over the last six months and over the last three months, the shares of MDU Resources Group, Inc. (MDU), have changed 14.09% and 3.75%, respectively.