Latest news with #ArtesianResources
Yahoo
a day ago
- Business
- Yahoo
Is Artesian Resources (ARTNA) Outperforming Other Utilities Stocks This Year?
For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Artesian Resources (ARTNA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question. Artesian Resources is a member of the Utilities sector. This group includes 106 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. 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 means that analyst sentiment is stronger and the stock's earnings outlook is improving. Based on the latest available data, ARTNA has gained about 8.3% so far this year. Meanwhile, stocks in the Utilities group have gained about 7.2% on average. As we can see, Artesian Resources is performing better than its sector in the calendar year. One other Utilities stock that has outperformed the sector so far this year is ENGIE - Sponsored ADR (ENGIY). The stock is up 38.3% year-to-date. The consensus estimate for ENGIE - Sponsored ADR's current year EPS has increased 17.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). To break things down more, Artesian Resources belongs to the Utility - Water Supply industry, a group that includes 12 individual companies and currently sits at #139 in the Zacks Industry Rank. This group has gained an average of 15.7% so far this year, so ARTNA is slightly underperforming its industry in this area. In contrast, ENGIE - Sponsored ADR falls under the Utility - Electric Power industry. Currently, this industry has 60 stocks and is ranked #68. Since the beginning of the year, the industry has moved +7.1%. Investors interested in the Utilities sector may want to keep a close eye on Artesian Resources and ENGIE - Sponsored ADR as they attempt 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 ENGIE - Sponsored ADR (ENGIY) : 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
Yahoo
23-05-2025
- Business
- Yahoo
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 Investment Research
San Francisco Chronicle
05-05-2025
- Business
- San Francisco Chronicle
Artesian Resources: Q1 Earnings Snapshot
NEWARK, Del. (AP) — NEWARK, Del. (AP) — Artesian Resources Corp. (ARTNA) on Monday reported first-quarter profit of $5.4 million. The Newark, Delaware-based company said it had net income of 53 cents per share. The water resource management company posted revenue of $25.9 million in the period. Artesian Resources shares have increased slightly more than 8% since the beginning of the year. In the final minutes of trading on Monday, shares hit $34.27, a drop of 8% in the last 12 months. _____
Globe and Mail
15-04-2025
- Business
- Globe and Mail
Artesian Resources Corporation 2024 Annual Report Available Electronically to Shareholders
Newark, Del., April 15, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and a number of other related core business services, on the Delmarva Peninsula, today announced that its 2024 Annual Report is available electronically to shareholders through its website at If any shareholder would like to receive a print copy of the 2024 Annual Report, they can request one free of charge by writing or calling Artesian Resources Corporation, 664 Churchmans Road, Newark, Delaware 19702, Attention Laura Slayman (Phone Number: 302-453-6900). About Artesian Resources Artesian Resources Corporation operates as a holding company of wholly owned subsidiaries offering water and wastewater services, and other related core services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula, providing water service since 1905. Artesian supplies 9.5 billion gallons of water per year through 1,491 miles of water main to over a third of Delaware residents.
Yahoo
13-04-2025
- Business
- Yahoo
Does Artesian Resources Corporation's (NASDAQ:ARTN.A) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Most readers would already be aware that Artesian Resources' (NASDAQ:ARTN.A) stock increased significantly by 12% over the past three months. However, we decided to pay close attention to its weak financials as we are doubtful that the current momentum will keep up, given the scenario. Specifically, we decided to study Artesian Resources' ROE in this article. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Artesian Resources is: 8.5% = US$20m ÷ US$239m (Based on the trailing twelve months to December 2024). The 'return' is the amount earned after tax over the last twelve months. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.09 in profit. View our latest analysis for Artesian Resources Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. When you first look at it, Artesian Resources' ROE doesn't look that attractive. Yet, a closer study shows that the company's ROE is similar to the industry average of 9.9%. On the other hand, Artesian Resources reported a fairly low 3.4% net income growth over the past five years. Bear in mind, the company's ROE is not very high . So this could also be one of the reasons behind the company's low growth in earnings. As a next step, we compared Artesian Resources' net income growth with the industry and were disappointed to see that the company's growth is lower than the industry average growth of 9.1% in the same period. Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Has the market priced in the future outlook for ARTN.A? You can find out in our latest intrinsic value infographic research report The high three-year median payout ratio of 60% (that is, the company retains only 40% of its income) over the past three years for Artesian Resources suggests that the company's earnings growth was lower as a result of paying out a majority of its earnings. Moreover, Artesian Resources has been paying dividends for at least ten years or more suggesting that management must have perceived that the shareholders prefer dividends over earnings growth. On the whole, Artesian Resources' performance is quite a big let-down. As a result of its low ROE and lack of much reinvestment into the business, the company has seen a disappointing earnings growth rate. In brief, we think the company is risky and investors should think twice before making any final judgement on this company. Our risks dashboard would have the 2 risks we have identified for Artesian Resources. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
