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New Jersey Resources Corp
NYSE:NJR

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New Jersey Resources Corp Logo
New Jersey Resources Corp
NYSE:NJR
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Price: 43.315 USD -0.88% Market Closed
Updated: Apr 25, 2024

Intrinsic Value

New Jersey Resources Corp. is a holding company. [ Read More ]

The intrinsic value of one NJR stock under the Base Case scenario is 56.705 USD. Compared to the current market price of 43.315 USD, New Jersey Resources Corp is Undervalued by 24%.

Key Points:
NJR Intrinsic Value
Base Case
56.705 USD
Undervaluation 24%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

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New Jersey Resources Corp

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Fundamental Analysis

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New Jersey Resources Corp

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Financials

Balance Sheet Decomposition
New Jersey Resources Corp

Current Assets 677m
Cash & Short-Term Investments 2.7m
Receivables 177.2m
Other Current Assets 497m
Non-Current Assets 6.1B
Long-Term Investments 103.3m
PP&E 5.3B
Intangibles 9.1m
Other Non-Current Assets 687.3m
Current Liabilities 962m
Accounts Payable 182.7m
Accrued Liabilities 4.8m
Short-Term Debt 268.7m
Other Current Liabilities 505.9m
Non-Current Liabilities 3.7B
Long-Term Debt 2.7B
Other Non-Current Liabilities 981.8m
Efficiency

Earnings Waterfall
New Jersey Resources Corp

Revenue
1.7B USD
Cost of Revenue
-740.1m USD
Gross Profit
966.5m USD
Operating Expenses
-596.5m USD
Operating Income
370m USD
Other Expenses
-131.9m USD
Net Income
238.1m USD

Free Cash Flow Analysis
New Jersey Resources Corp

Last Value
3-Years Average
FCF Margin
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Fundamental Scores

NJR Profitability Score
Profitability Due Diligence

New Jersey Resources Corp's profitability score is 47/100. The higher the profitability score, the more profitable the company is.

Positive Gross Profit
Positive Operating Income
Positive 3-Year Average ROE
Positive ROE
47/100
Profitability
Score

New Jersey Resources Corp's profitability score is 47/100. The higher the profitability score, the more profitable the company is.

NJR Solvency Score
Solvency Due Diligence

New Jersey Resources Corp's solvency score is 27/100. The higher the solvency score, the more solvent the company is.

Long-Term Solvency
Average D/E
Short-Term Solvency
Low Altman Z-Score
27/100
Solvency
Score

New Jersey Resources Corp's solvency score is 27/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

NJR Price Targets Summary
New Jersey Resources Corp

Wall Street analysts forecast NJR stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NJR is 49.776 USD with a low forecast of 43.43 USD and a high forecast of 59.85 USD.

Lowest
Price Target
43.43 USD
0% Upside
Average
Price Target
49.776 USD
15% Upside
Highest
Price Target
59.85 USD
38% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

NJR Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
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Shareholder Return

NJR Price
New Jersey Resources Corp

1M 1M
+3%
6M 6M
+4%
1Y 1Y
-17%
3Y 3Y
+10%
5Y 5Y
+0%
10Y 10Y
+133%
Annual Price Range
43.315
52w Low
39.34
52w High
52.45
Price Metrics
Average Annual Return 4.89%
Standard Deviation of Annual Returns 21.98%
Max Drawdown -51%
Shares Statistics
Market Capitalization 4.3B USD
Shares Outstanding 98 303 504
Percentage of Shares Shorted 3.68%

NJR Return Decomposition
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Company Profile

New Jersey Resources Corp Logo
New Jersey Resources Corp

Country

United States of America

Industry

Utilities

Market Cap

4.3B USD

Dividend Yield

3.87%

Description

New Jersey Resources Corp. is a holding company. The company is headquartered in Belmar, New Jersey and currently employs 1,251 full-time employees. The firm's business is the distribution of natural gas through a regulated utility, which provides other retail and wholesale energy services to customers and investing in clean energy projects and midstream assets. The Company’s segments include Natural Gas Distribution, Energy Services, Clean Energy Ventures and Storage and Transportation. The Natural Gas Distribution segment consists of regulated natural gas services, off-system sales, capacity and storage management operations. The Energy Services segment consists of unregulated wholesale and retail energy operations, as well as energy management services. The Clean Energy Ventures segment consists of capital investments in clean energy projects. The Storage and Transportation segment consists of investments in the natural gas storage and transportation markets, such as natural gas storage and transportation facilities.

Contact

NEW JERSEY
Belmar
PO Box 1468, 1415 Wyckoff Rd
+17329381000.0
https://www.njresources.com/

IPO

1980-03-17

Employees

1 251

Officers

President, CEO & Director
Mr. Stephen D. Westhoven
Senior VP, CFO & Principal Financial Officer
Mr. Roberto F. Bel
Senior Vice President of Human Resources
Ms. Lori DelGiudice
Senior VP & COO of New Jersey Natural Gas
Mr. Patrick J. Migliaccio
Senior VP and COO of Non-Utility Businesses, Strategy & External Affairs
Ms. Amy Cradic
Principal Accounting Officer & Corporate Controller
Mr. Stephen M. Skrocki
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Senior VP & Chief Information Officer
Ms. Jacqueline K. Shea
Director of Investor Relations
Mr. Adam Prior
Senior VP & General Counsel
Mr. Richard Reich
Vice President of Corporate Business Development
Mr. David Johnson
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See Also

Discover More
What is the Intrinsic Value of one NJR stock?

The intrinsic value of one NJR stock under the Base Case scenario is 56.705 USD.

Is NJR stock undervalued or overvalued?

Compared to the current market price of 43.315 USD, New Jersey Resources Corp is Undervalued by 24%.