Ratings New Jersey Resources Corporation

Equities

NJR

US6460251068

Real-time Estimate Cboe BZX Other stock markets 12:53:34 2024-04-25 pm EDT			5-day change	1st Jan Change
43.34 ^USD	-0.81%		+2.76%	-2.75%

Apr. 19	New Jersey Resources Unit to Use Neste's Renewable Diesel to Fuel Part of Fleet	MT
Apr. 19	New Jersey Resources to Switch 70 Medium-Duty Trucks to Renewable Diesel -- OPIS	DJ

Summary

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The company returns high margins, thereby supporting business profitability.
Analyst opinion has improved significantly over the past four months.
Over the past twelve months, analysts' opinions have been strongly revised upwards.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.

Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.
The company's earnings growth outlook lacks momentum and is a weakness.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
The company's enterprise value to sales, at 3.78 times its current sales, is high.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
The company's earnings releases usually do not meet expectations.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Natural Gas Utilities

	1st Jan change	Capi.	ESG Refinitiv
NEW JERSEY RESOURCES CORPORATION	-2.75%	4.3B	B
THE HONG KONG AND CHINA GAS CO LTD	+0.67%	14.15B	A-
ENN ENERGY HOLDINGS LIMITED	+14.43%	9.41B	A-
KUNLUN ENERGY COMPANY LIMITED	+6.53%	8.25B	C+
ENN NATURAL GAS CO.,LTD.	+8.50%	7.94B	A-
CHINA RESOURCES GAS GROUP LIMITED	-2.73%	7.13B	B
SOUTHWEST GAS HOLDINGS, INC.	+18.09%	6.46B	B-
NEW FORTRESS ENERGY INC.	-27.43%	5.66B	C-
GRUPO ENERGÍA BOGOTÁ S.A. E.S.P.	+22.63%	5.46B	A-
UGI CORPORATION	+4.76%	5.45B	C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes