Artesian Resources Stock Today
| ARTNA Stock | USD 34.04 0.90 2.58% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Artesian Resources is trading at 34.04 as of the 16th of April 2024, a -2.58 percent down since the beginning of the trading day. The stock's open price was 34.94. Artesian Resources has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Artesian Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of October 2022 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Utilities | IPO Date 23rd of May 1996 |
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware. Artesian Res operates under UtilitiesRegulated Water classification in the United States and is traded on NASDAQ Exchange. The company has 9.41 M outstanding shares of which 171.11 K shares are presently shorted by private and institutional investors with about 3.8 days to cover all short positions. More on Artesian Resources
Moving together with Artesian Stock
| 0.66 | WTRG | Essential Utilities Financial Report 13th of May 2024 | PairCorr |
| 0.76 | AWK | American Water Works Financial Report 24th of April 2024 | PairCorr |
| 0.65 | AWR | American States Water Financial Report 8th of May 2024 | PairCorr |
| 0.69 | SJW | SJW Corporation Financial Report 6th of May 2024 | PairCorr |
Moving against Artesian Stock
| 0.41 | GWRS | Global Water Resources Financial Report 7th of May 2024 | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 14th of May 2024
Artesian Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Artesian Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Artesian Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Dian Taylor | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Water Utilities, Utilities - Regulated Water, Utilities, NASDAQ Composite, NASDAQ Composite Total, Utilities, Water Utilities, Utilities—Regulated Water, Utilities (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Artesian Resources report their recommendations after researching Artesian Resources' financial statements, talking to executives and customers, or listening in on Artesian Resources' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Artesian Resources. The Artesian consensus assessment is calculated by taking the average forecast from all of the analysts covering Artesian Resources. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Artesian Resources' liquidity, profitability, solvency, and operating efficiency, Artesian Resources is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Artesian Resources is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Artesian Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Artesian Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Artesian Resources' financial leverage. It provides some insight into what part of Artesian Resources' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Artesian Resources (ARTNA) is traded on NASDAQ Exchange in USA. It is located in 664 Churchmans Road, Newark, DE, United States, 19702 and employs 251 people. Artesian Resources is listed under Water Utilities category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 354.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Artesian Resources's market, we take the total number of its shares issued and multiply it by Artesian Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Artesian Resources classifies itself under Water Utilities sector and is part of Utilities industry. The entity has 9.41 M outstanding shares of which 171.11 K shares are presently shorted by private and institutional investors with about 3.8 days to cover all short positions.
Artesian Resources has accumulated about 220 K in cash with 31.85 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Artesian Resources Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Artesian Resources is $354.25 Million. Over half of Artesian Resources' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Artesian Resources. Please watch out for any change in the institutional holdings of Artesian Resources as this could mean something significant has changed or is about to change at the company. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Artesian Ownership Details
Artesian Stock Price Odds Analysis
What are Artesian Resources' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Artesian Resources jumping above the current price in 90 days from now is about 98.0%. The Artesian Resources probability density function shows the probability of Artesian Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Artesian Resources has a beta of 0.0056. This suggests as returns on the market go up, Artesian Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Artesian Resources will be expected to be much smaller as well. Additionally, artesian Resources has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Artesian Resources to move above the current price in 90 days from now is about 98.0 (This Artesian Resources probability density function shows the probability of Artesian Stock to fall within a particular range of prices over 90 days) .
Artesian Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Artesian Resources that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Artesian Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Artesian Resources' value.| Instituion | Recorded On | Shares | |
| Deprince Race & Zollo Inc | 2023-12-31 | 150.3 K | |
| First Manhattan Co. Llc | 2023-12-31 | 123.7 K | |
| Foundry Partners, Llc | 2023-12-31 | 116.8 K | |
| Legal & General Group Plc | 2023-12-31 | 112.9 K | |
| Northern Trust Corp | 2023-12-31 | 109.9 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 99.7 K | |
| Roffman Miller Associates Inc | 2023-12-31 | 92.2 K | |
| Fca Corp | 2023-12-31 | 73.4 K | |
| Ubs Group Ag | 2023-12-31 | 62 K | |
| Blackrock Inc | 2023-12-31 | 1 M | |
| T. Rowe Price Investment Management,inc. | 2023-12-31 | 773.4 K |
Artesian Resources Historical Income Statement
Artesian Resources Income Statement is one of the three primary financial statements used for reporting Artesian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Artesian Resources revenue and expense. Artesian Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Artesian Resources' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 38.1 M, whereas Depreciation And Amortization is forecasted to decline to about 8.3 M. View More FundamentalsArtesian Stock Against Markets
Picking the right benchmark for Artesian Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Artesian Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Artesian Resources is critical whether you are bullish or bearish towards Artesian Resources at a given time. Please also check how Artesian Resources' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Artesian Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Odds Of Bankruptcy Now
Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
| All Next | Launch Module |
Artesian Resources Corporate Directors
Artesian Resources corporate directors refer to members of an Artesian Resources board of directors. The board of directors generally takes responsibility for the Artesian Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Artesian Resources' board members must vote for the resolution. The Artesian Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael Houghton | Director | Profile | |
| William Wyer | Independent Director | Profile | |
| Kenneth Biederman | Independent Director | Profile | |
| Nicholle Taylor | Sr. VP and Director | Profile |
How to buy Artesian Stock?
Before investing in Artesian Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Artesian Resources. To buy Artesian Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Artesian Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Artesian Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Artesian Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Artesian Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Artesian Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Artesian Stock please use our How to Invest in Artesian Resources guide.
Already Invested in Artesian Resources?
The danger of trading Artesian Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Artesian Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Artesian Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Artesian Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Artesian Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Artesian Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Artesian Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Artesian Resources Stock: 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
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.