NewJersey Story

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NJR -- USA Stock  

USD 35.43  0.47  1.34%

NewJersey Resources Accrued Expenses Turnover is relatively stable at the moment as compared to the past year. NewJersey Resources reported last year Accrued Expenses Turnover of 101.20. As of 11/27/2020, Operating Margin is likely to grow to 5.55, while Average Assets are likely to drop slightly above 4.5 B. Even with relatively invariable technical and fundamental indicators, NewJersey Resources is not utilizing all of its potentials. The latest stock price agitation, may contribute to a short-term swings for the retail investors. We currently estimate NewJersey Resources as fairly valued. The real value is approaching 38.32 per share.
Published over a month ago
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Does NewJersey Resources (NYSE:NJR) have invariable technical and fundamental indicators based on the latest spike?
NewJersey Resources trade recommendations module can be used to check and cross-verify current advice provided by analysts analyzing the firm's potential to grow using all of fundamental, technical, data market data available at the time. This firm dividends can provide a clue to the current value of the stock. NewJersey Resources one year expected dividend income is about $0.71 per share.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include NewJersey Resources income statement, its balance sheet, and the statement of cash flows. Potential NewJersey Resources investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although NewJersey Resources investors may use each financial statement separately, they are all related. The changes in NewJersey Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NewJersey Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages. The goal of NewJersey Resources fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of NewJersey Resources performance into the future periods or doing a reasonable stock valuation. The intrinsic value of NewJersey Resources shares is the value that is considered the true value of the share. If the intrinsic value NewJersey is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares NewJersey Resources. Please read more on our fundamental analysis page.

Are NewJersey Resources Earnings Expected to grow?

The future earnings power of NewJersey Resources involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of NewJersey Resources factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. NewJersey Resources stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of NewJersey expected earnings.

And What about dividends?

A dividend is the distribution of a portion of NewJersey Resources earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. NewJersey Resources dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. NewJersey one year expected dividend income is about $0.61 per share.
As of 01/22/2021, Payment of Dividends and Other Cash Distributions is likely to drop to about (114.4 M). In addition to that, Dividend Yield is likely to drop to 0.0368.
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-106 M-114.4 M
Dividend Yield 0.0423  0.0368 
Dividends per Basic Common Share 1.46  1.34 
Investing in dividend-paying stocks, such as NewJersey Resources is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in NewJersey Resources must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for NewJersey Resources. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How NewJersey utilizes its cash?

To perform a cash flow analysis of NewJersey Resources, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash NewJersey Resources is receiving and how much cash it distributes out in a given period. The NewJersey Resources cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. NewJersey Resources Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. NewJersey Resources reported last year Net Cash Flow from Operations of 245.5 Million

NewJersey Resources Gross Profit

NewJersey Resources Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing NewJersey Resources previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show NewJersey Resources Gross Profit growth over the last 10 years. Please check Gross Profit in more details.

What is driving NewJersey Resources Investor Appetite?

There are few distinct groups of NewJersey Resources stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of NewJersey is distributed among investors.

Ownership Allocation

NewJersey Resources holds a total of 95.93 Million outstanding shares. The majority of NewJersey Resources outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NewJersey Resources to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in NewJersey Resources. Please pay attention to any change in the institutional holdings of NewJersey Resources as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Retail Investors
23.99%
Institutions
75.1%
Retail Investors23.99
Insiders0.91
Institutions75.1
 2017 2018 2019 2020 (projected)
Consolidated Income233.44 M169.5 M194.93 M184.58 M
Direct Expenses2.58 B2.34 B2.69 B2.83 B

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. NewJersey Resources has an asset utilization ratio of 54.47 percent. This connotes that the company is making $0.54 for each dollar of assets. An increasing asset utilization means that NewJersey Resources is more efficient with each dollar of assets it utilizes for everyday operations.

Assets Non Current
3.9 B
Current Assets518.13 Million11.6
Assets Non Current3.9 Billion87.36
Goodwill18.02 Million0.4
Tax Assets28.56 Million0.64

Is NewJersey showing record of lower volatility?

The downside deviation is down to 2.06 as of today. NewJersey Resources currently demonstrates below-verage downside deviation. It has Information Ratio of 0.09 and Jensen Alpha of 0.23. However, we do advice investors to further question NewJersey Resources expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Final Take On NewJersey Resources

While other companies in the utilities?regulated gas industry are either recovering or due for a correction, NewJersey may not be as strong as the others in terms of longer-term growth potentials. To conclude, as of the 27th of November 2020, our primary 30 days 'Buy-vs-Sell' recommendation on the enterprise is Strong Buy. We believe NewJersey Resources is fairly valued with below average odds of distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of NewJersey Resources. Please refer to our Terms of Use for any information regarding our disclosure principles.

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