New Jersey Resources (NYSE:NJR) Hasn't Managed To Accelerate Its Returns
May 31
U.S. Gas Utilities Industry Analysis
Updated-
DataAggregated Company Financials
Companies0
- 7Dn/a
- 3Mn/a
- 1Yn/a
- YTDn/a
In the last week, Gas Utilities has been flat. Unfortunately though, the industry is down 17% over the past 12 months. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the U.S. Gas Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|
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Current Industry PE
- Investors are optimistic on the American Gas Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.7x which is higher than its 3-year average PE of 18.4x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have declined 9.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 15% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Gas Utilities compare with similar industries?
| US Market | 1.80% | |
| Utilities | -0.23% | |
| Gas Utilities | -0.80% | |
| Gas Utilities | -0.80% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SWX Southwest Gas Holdings | US$58.00 | 1.4% +US$57.1m | -38.2% | PS0.8x | |
| UGI UGI | US$27.78 | 0.8% +US$48.1m | -37.3% | PS0.6x | |
| NFG National Fuel Gas | US$51.01 | 0.4% +US$19.3m | -30.6% | PE8.1x | |
| RGCO RGC Resources | US$20.69 | 8.9% +US$16.8m | -0.6% | PS2x | |
| BIPC Brookfield Infrastructure | US$46.17 | 0.3% +US$14.7m | -3.5% | PE4.5x |
