Artesian Resources (ARTNA) and The Competition Head to Head Review

Artesian Resources (NASDAQ: ARTNA) is one of 15 public companies in the “Water supply” industry, but how does it contrast to its rivals? We will compare Artesian Resources to related companies based on the strength of its institutional ownership, risk, analyst recommendations, dividends, valuation, profitability and earnings.

Institutional & Insider Ownership

38.7% of Artesian Resources shares are held by institutional investors. Comparatively, 49.1% of shares of all “Water supply” companies are held by institutional investors. 20.6% of Artesian Resources shares are held by insiders. Comparatively, 11.1% of shares of all “Water supply” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares Artesian Resources and its rivals gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Artesian Resources $82.24 million $13.98 million 16.84
Artesian Resources Competitors $722.21 million $111.64 million 24.62

Artesian Resources’ rivals have higher revenue and earnings than Artesian Resources. Artesian Resources is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

Artesian Resources has a beta of 0.1, indicating that its stock price is 90% less volatile than the S&P 500. Comparatively, Artesian Resources’ rivals have a beta of 0.51, indicating that their average stock price is 49% less volatile than the S&P 500.

Profitability

This table compares Artesian Resources and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Artesian Resources 17.00% 10.36% 3.13%
Artesian Resources Competitors 10.39% 8.89% 2.64%

Analyst Ratings

This is a breakdown of recent recommendations for Artesian Resources and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Artesian Resources 0 1 0 0 2.00
Artesian Resources Competitors 88 227 257 13 2.33

Artesian Resources currently has a consensus target price of $41.00, indicating a potential upside of 5.83%. As a group, “Water supply” companies have a potential downside of 3.07%. Given Artesian Resources’ higher probable upside, equities research analysts plainly believe Artesian Resources is more favorable than its rivals.

Dividends

Artesian Resources pays an annual dividend of $0.94 per share and has a dividend yield of 2.4%. Artesian Resources pays out 40.9% of its earnings in the form of a dividend. As a group, “Water supply” companies pay a dividend yield of 2.0% and pay out 55.9% of their earnings in the form of a dividend. Artesian Resources is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.

Summary

Artesian Resources rivals beat Artesian Resources on 8 of the 15 factors compared.

Artesian Resources Company Profile

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services on the Delmarva Peninsula. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; and owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility. As of December 31, 2017, it served approximately 84,200 metered water customers in Delaware, 2,300 metered water customers in Maryland, and 40 customers in Pennsylvania through 1,293 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

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