Artesian Resources Corp's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 12 out of 14 in the Water & Related Utilities industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as , with the highest price target at 46.00.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Artesian Resources Corp is 6.67, ranking 12 out of 14 in the Water & Related Utilities industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 30.49M, representing a year-over-year increase of 4.63%, while its net profit experienced a year-over-year increase of 2.19%.
Key Metrics
The current valuation score of Artesian Resources Corp is 8.81, ranking 1 out of 14 in the Water & Related Utilities industry. Its current P/E ratio is 14.78, which is 120.41% below the recent high of 32.57 and 4.43% above the recent low of 14.12.
No earnings forecast score is currently available for Artesian Resources Corp. The Water & Related Utilities industry's average is 7.65. The average price target is 46.00, with a high of 46.00 and a low of 46.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Artesian Resources Corp is 6.62, ranking 6 out of 14 in the Water & Related Utilities industry. Currently, the stock price is trading between the resistance level at 33.76 and the support level at 31.20, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Artesian Resources Corp is 5.00, ranking 9 out of 14 in the Water & Related Utilities industry. The latest institutional shareholding proportion is 66.92%, representing a quarter-over-quarter decrease of 0.25%. The largest institutional shareholder is The Vanguard, holding a total of 510.91K shares, representing 5.42% of shares outstanding, with 5.47% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Water & Related Utilities domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Artesian Resources Corp is 7.21, ranking 9 out of 14 in the Water & Related Utilities industry. The company's beta value is 0.36. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
