NJR
NewJersey Resources Corporation (NJR)
Utilities • Utilities - Regulated Gas • $53.40 • MCap: 5,418,388,480
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https://www.njresources.com • New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to residential and commercial customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, Indiana, and Pennsylvania. The Energy Services segment maintains and transacts natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services. The Storage and Transportation segment invests in energy-related ventures. It provides home services and other operations, such as heating, ventilation, and cooling services; sales and installation of appliances; electrical and generator service and installations; and plumbing repair and installation services, as well as holds commercial real estate properties. The company also offers shared administrative and financial services; and natural gas storage and transmission assets services. New Jersey Resources Corporation was founded in 1922 and is headquartered in Wall, New Jersey.
Buy Decision Core
Total Score
38
Business Quality
14
Financial Strength
7
Growth Outlook
1
Momentum
3
Price Action
Current
53.40
52W High
60.05
52W Low
42.92
Above 50DMA
56.46 (-5.42%)
Above 200DMA
52.84 (1.07%)
Relative Strength
Relative Strength
0.07
RS 3M
-0.03
RS 6M
0.0
RS 9M
0.2
RS 12M
0.19
Fundamentals
Revenue Growth
0.17%
Earnings Growth
0%
ROE
0.14%
ROA
0.04%
Valuation
PE (Fwd)
15.44
PEG
2.29
P/B
2.05
Upside
12.36%
Risk
Beta
0.51
Short %
0.05
Risk Score
1.00
Analyst
Rating
none
Target
60.00
Beta
0.51
Analysts
0
Total Score
38
Upside
12.36%
Relative Strength
0.07
Beta
0.51
Why Buy?
- Trading above 200 DMA
Key Risks
Score Breakdown
Business
14
14
Financial
7
7
Growth
1
1
Valuation
7
7
Risk
4
4
Momentum
3
3
Technical
52W High: 60.05
52W Low: 42.92
Above 50DMA: -5.42%
Above 200DMA: 1.07%
Valuation
Forward PE: 15.44
PEG: 2.29
P/B: 2.05
Upside: 12.36%
Risk
Beta: 0.51
Short Float: 0.05%
ROE: 0.14%
ROA: 0.04%