Are Utilities Stocks Lagging Artesian Resources (ARTNA) This Year?
Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. Has Artesian Resources (ARTNA) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.
Artesian Resources is one of 106 individual stocks in the Utilities sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Artesian Resources is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for ARTNA's full-year earnings has moved 8% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, ARTNA has returned 7.2% so far this year. Meanwhile, the Utilities sector has returned an average of 6.4% on a year-to-date basis. This means that Artesian Resources is outperforming the sector as a whole this year.
Another stock in the Utilities sector, Deutsche Telekom AG (DTEGY), has outperformed the sector so far this year. The stock's year-to-date return is 29.6%.
Over the past three months, Deutsche Telekom AG's consensus EPS estimate for the current year has increased 9.9%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Artesian Resources belongs to the Utility - Water Supply industry, which includes 12 individual stocks and currently sits at #79 in the Zacks Industry Rank. This group has gained an average of 15.8% so far this year, so ARTNA is slightly underperforming its industry in this area.
On the other hand, Deutsche Telekom AG belongs to the Diversified Communication Services industry. This 15-stock industry is currently ranked #154. The industry has moved +9.6% year to date.
Investors with an interest in Utilities stocks should continue to track Artesian Resources and Deutsche Telekom AG. These stocks will be looking to continue their solid performance.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Artesian Resources Corporation (ARTNA) : Free Stock Analysis Report
Deutsche Telekom AG (DTEGY) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Oracle (ORCL) Q4 Earnings and Revenues Beat Estimates
Oracle (ORCL) came out with quarterly earnings of $1.70 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $1.63 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.66%. A quarter ago, it was expected that this software maker would post earnings of $1.48 per share when it actually produced earnings of $1.47, delivering a surprise of -0.68%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Oracle , which belongs to the Zacks Computer - Software industry, posted revenues of $15.9 billion for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 2.31%. This compares to year-ago revenues of $14.29 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Oracle shares have added about 6.5% since the beginning of the year versus the S&P 500's gain of 2.7%. While Oracle has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Oracle: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.47 on $14.99 billion in revenues for the coming quarter and $6.64 on $65.15 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computer - Software is currently in the top 13% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Progress Software (PRGS), has yet to report results for the quarter ended May 2025. This business software maker is expected to post quarterly earnings of $1.30 per share in its upcoming report, which represents a year-over-year change of +19.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Progress Software's revenues are expected to be $237.84 million, up 35.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oracle Corporation (ORCL) : Free Stock Analysis Report Progress Software Corporation (PRGS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
Oracle: Fiscal Q4 Earnings Snapshot
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Oracle Corp. (ORCL) on Wednesday reported fiscal fourth-quarter net income of $3.43 billion. On a per-share basis, the Austin, Texas-based company said it had net income of $1.19. Earnings, adjusted for one-time gains and costs, were $1.70 per share. The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share. The software maker posted revenue of $15.9 billion in the period, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $15.54 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ORCL at
Yahoo
an hour ago
- Yahoo
Oxford Industries (OXM) Q1 Earnings Match Estimates
Oxford Industries (OXM) came out with quarterly earnings of $1.82 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2.66 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines would post earnings of $1.28 per share when it actually produced earnings of $1.37, delivering a surprise of 7.03%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Oxford Industries , which belongs to the Zacks Textile - Apparel industry, posted revenues of $392.86 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 1.98%. This compares to year-ago revenues of $398.18 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Oxford Industries shares have lost about 30.5% since the beginning of the year versus the S&P 500's gain of 2.7%. While Oxford Industries has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Oxford Industries: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.24 on $410.97 million in revenues for the coming quarter and $4.68 on $1.49 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Textile - Apparel is currently in the bottom 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Vince Holding Corp. (VNCE), is yet to report results for the quarter ended April 2025. The results are expected to be released on June 17. This company is expected to post quarterly loss of $0.48 per share in its upcoming report, which represents a year-over-year change of -84.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Vince Holding Corp.'s revenues are expected to be $56.12 million, down 5.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report Vince Holding Corp. (VNCE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
