The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
New Jersey Resources Corporation (NYSE: NJR) closed the day trading at $44.65 down -0.27% from the previous closing price of $44.77. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
For a better understanding of NJR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 1.38 whereas as Long-Term Debt/Eq ratio is at 1.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on April 01, 2025, initiated with a Hold rating and assigned the stock a target price of $51.
On December 12, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $52 to $54. JP Morgan Upgraded its Underweight to Neutral on September 21, 2023, whereas the target price for the stock was revised from $44 to $46.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 31 ’25 when Bel Roberto sold 1,173 shares for $50.00 per share. The transaction valued at 58,650 led to the insider holds 22,649 shares of the business.
Bel Roberto bought 1,173 shares of NJR for $58,650 on Mar 31 ’25. On Mar 24 ’25, another insider, Bel Roberto, who serves as the SVP and CFO of the company, sold 2,346 shares for $48.58 each. As a result, the insider received 113,964 and left with 23,822 shares of the company.
Valuation Measures:
As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.82, and their Forward P/E ratio for the next fiscal year is 14.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.20 while its Price-to-Book (P/B) ratio in mrq is 1.81.
Stock Price History:
Over the past 52 weeks, NJR has reached a high of $51.94, while it has fallen to a 52-week low of $41.68. The 50-Day Moving Average of the stock is -6.42%, while the 200-Day Moving Average is calculated to be -5.67%.
Shares Statistics:
A total of 100.30M shares are outstanding, with a floating share count of 99.83M. Insiders hold about 0.54% of the company’s shares, while institutions hold 76.22% stake in the company.
Earnings Estimates
Its stock is currently analyzed by 5.0 different market analysts. The consensus estimate for the next quarter is $0.27, with high estimates of $0.39 and low estimates of $0.18.
Analysts are recommending an EPS of between $3.25 and $2.99 for the fiscal current year, implying an average EPS of $3.17. EPS for the following year is $3.1, with 8.0 analysts recommending between $3.15 and $3.02.
Revenue Estimates
1 analysts predict $302M in revenue for the current quarter. It ranges from a high estimate of $302M to a low estimate of $302M. As of the current estimate, New Jersey Resources Corporation’s year-ago sales were $275.64MFor the next quarter, 1 analysts are estimating revenue of $300M. There is a high estimate of $300M for the next quarter, whereas the lowest estimate is $300M.
A total of 4 analysts have provided revenue estimates for NJR’s current fiscal year. The highest revenue estimate was $2B, while the lowest revenue estimate was $1.85B, resulting in an average revenue estimate of $1.9B. In the same quarter a year ago, actual revenue was $1.8BBased on 4 analysts’ estimates, the company’s revenue will be $1.96B in the next fiscal year. The high estimate is $2.05B and the low estimate is $1.92B.
