Based on the key indicators related to NewJersey Resources' liquidity, profitability, solvency, and operating efficiency, NewJersey Resources may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, NewJersey Resources' Non Currrent Assets Other are relatively stable compared to the past year. As of 03/22/2025, Net Receivables is likely to grow to about 160.1 M, while Total Current Liabilities is likely to drop slightly above 644.9 M. Key indicators impacting NewJersey Resources' financial strength include:
The essential information of the day-to-day investment outlook for NewJersey Resources includes many different criteria found on its balance sheet. An individual investor should monitor NewJersey Resources' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NewJersey Resources.
NewJersey Resources competes with Atmos Energy, UGI, Chesapeake Utilities, Spire, and One Gas. 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.
The reason investors look at the income statement is to determine what NewJersey Resources' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining NewJersey Resources's current stock value. Our valuation model uses many indicators to compare NewJersey Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NewJersey Resources competition to find correlations between indicators driving NewJersey Resources's intrinsic value. More Info.
NewJersey Resources is considered to be number one stock in return on equity category among its peers. It is regarded fourth in return on asset category among its peers reporting about 0.27 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NewJersey Resources is roughly 3.70 . At this time, NewJersey Resources' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NewJersey Resources by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
NewJersey Resources Systematic Risk
NewJersey Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NewJersey Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on NewJersey Resources correlated with the market. If Beta is less than 0 NewJersey Resources generally moves in the opposite direction as compared to the market. If NewJersey Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NewJersey Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NewJersey Resources is generally in the same direction as the market. If Beta > 1 NewJersey Resources moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in NewJersey Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NewJersey Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of NewJersey Resources growth as a starting point in their analysis.
NewJersey Resources March 22, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NewJersey Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NewJersey Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of NewJersey Resources based on widely used predictive technical indicators. In general, we focus on analyzing NewJersey Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NewJersey Resources's daily price indicators and compare them against related drivers.
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.