Artesian Resources Stock Performance
| ARTNA Stock | USD 34.84 0.03 0.09% |
The firm shows a Beta (market volatility) of 1.22, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Artesian Resources will likely underperform. Artesian Resources has an expected return of -0.0633%. Please make sure to confirm Artesian Resources accumulation distribution, and the relationship between the potential upside and day median price , to decide if Artesian Resources performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Artesian Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Artesian Resources is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return 0.98 | Five Day Return 4.33 | Year To Date Return (13.68) | Ten Year Return 56.28 | All Time Return 620.04 |
Forward Dividend Yield 0.0333 | Payout Ratio 0.6912 | Last Split Factor 3:2 | Forward Dividend Rate 1.16 | Dividend Date 2024-02-23 |
1 | Artesian Resources declares 0.2897 dividend | 01/29/2024 |
2 | A Look At The Fair Value Of Artesian Resources Corporation | 02/08/2024 |
3 | Artesian Resources Co. Short Interest Update - MarketBeat | 02/14/2024 |
| Artesian Resources dividend paid on 23rd of February 2024 | 02/23/2024 |
4 | With 60 percent ownership, Artesian Resources Corporation boasts of strong institutional backing | 02/26/2024 |
5 | Artesian Resources Corporation Reports 2023 Year-End Earnings and Fourth Quarter Results | 03/13/2024 |
6 | Artesian Resources Stock Up 14 percent After Jump in 4Q Earnings - MarketWatch | 03/14/2024 |
7 | Artesian Resources Stock Rating Upgraded by StockNews.com - Defense World | 03/22/2024 |
8 | Artesian Water Company Prepared to Fully Comply with EPAs New PFAS Drinking Water Standard | 04/10/2024 |
9 | Disposition of 6750 shares by Nicholle Taylor of Artesian Resources at 21.86 subject to Rule 16b-3 | 04/18/2024 |
| Begin Period Cash Flow | 1.3 M |
Artesian |
Artesian Resources Relative Risk vs. Return Landscape
If you would invest 3,662 in Artesian Resources on January 24, 2024 and sell it today you would lose (178.00) from holding Artesian Resources or give up 4.86% of portfolio value over 90 days. Artesian Resources is currently producing negative expected returns and takes up 1.8563% volatility of returns over 90 trading days. Put another way, 16% of traded stocks are less volatile than Artesian, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Artesian Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Artesian Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Artesian Resources, and traders can use it to determine the average amount a Artesian Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0341
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| Negative Returns | ARTNA |
Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Artesian Resources is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Artesian Resources by adding Artesian Resources to a well-diversified portfolio.
Artesian Resources Fundamentals Growth
Artesian Stock prices reflect investors' perceptions of the future prospects and financial health of Artesian Resources, and Artesian Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Artesian Stock performance.
| Return On Equity | 0.0798 | ||||
| Return On Asset | 0.0242 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.27 % | ||||
| Current Valuation | 537.31 M | ||||
| Shares Outstanding | 9.41 M | ||||
| Price To Earning | 29.66 X | ||||
| Price To Book | 1.52 X | ||||
| Price To Sales | 3.54 X | ||||
| Revenue | 98.86 M | ||||
| Gross Profit | 48.27 M | ||||
| EBITDA | 42.13 M | ||||
| Net Income | 16.7 M | ||||
| Cash And Equivalents | 220 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 181.06 M | ||||
| Debt To Equity | 1.03 % | ||||
| Current Ratio | 0.51 X | ||||
| Book Value Per Share | 22.40 X | ||||
| Cash Flow From Operations | 31.85 M | ||||
| Earnings Per Share | 1.67 X | ||||
| Market Capitalization | 358.26 M | ||||
| Total Asset | 767.15 M | ||||
| Retained Earnings | 76.74 M | ||||
| Working Capital | 8.2 M | ||||
| Current Asset | 14.44 M | ||||
| Current Liabilities | 22.4 M | ||||
About Artesian Resources Performance
To evaluate Artesian Resources Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Artesian Resources generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Artesian Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Artesian Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Artesian's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 34.19 | 48.18 | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.04 | 0.06 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.07 | 0.07 |
Things to note about Artesian Resources performance evaluation
Checking the ongoing alerts about Artesian Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Artesian Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Artesian Resources generated a negative expected return over the last 90 days | |
| The company 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. Debt can assist Artesian Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Artesian Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Artesian Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Artesian to invest in growth at high rates of return. When we think about Artesian Resources' use of debt, we should always consider it together with cash and equity. | |
| Artesian Resources has a strong financial position based on the latest SEC filings | |
| About 63.0% of Artesian Resources shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Disposition of 6750 shares by Nicholle Taylor of Artesian Resources at 21.86 subject to Rule 16b-3 |
- Analyzing Artesian Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Artesian Resources' stock is overvalued or undervalued compared to its peers.
- Examining Artesian Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Artesian Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Artesian Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Artesian Resources' stock. These opinions can provide insight into Artesian Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artesian Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Artesian Stock analysis
When running Artesian Resources' price analysis, check to measure Artesian 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 Artesian Resources is operating at the current time. Most of Artesian Resources' value examination focuses on studying past and present price action to predict the probability of Artesian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artesian Resources' price. Additionally, you may evaluate how the addition of Artesian Resources to your portfolios can decrease your overall portfolio volatility.
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Is Artesian Resources' industry 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 0.383 | Dividend Share 1.136 | Earnings Share 1.67 | Revenue Per Share 9.868 | Quarterly Revenue Growth (0.02) |
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.