Aktienanalyse zu Artesian Resources Corp (ARTNA)ARTNAArtesian Resources Corp

Artesian Resources Corporation operates as a holding company of wholly owned subsidiaries offering water and wastewater services, and a number of other related core business services, on the Delmarva Peninsula. The Company operates its businesses primarily through the Regulated Utility segment. The segment includes an aggregation of its five regulated utility subsidiaries that are in the business of providing regulated water and wastewater services on the Delmarva Peninsula. Its regulated water utility services include treating, distributing, and selling water to residential, commercial, industrial, governmental, municipal and utility customers throughout the State of Delaware and in Cecil County, Maryland and to a residential community in Chester County, Pennsylvania. Its regulated wastewater utility services include the treatment and disposal of wastewater for customers in Sussex County, Delaware. The Company’s principal subsidiary is Artesian Water Company, Inc. It operates in the Utilities sector (WATER SUPPLY industry).

Artesian Resources Corp is a good buy right now due to its current price of $34.10, which is significantly below the analyst price target of $43, indicating a potential upside of 26%. Additionally, the company has a strong gross margin of 100% and a forward P/E ratio of 17.86, suggesting it is well-positioned for future earnings growth. The main risk is the current ratio of 1.01, which indicates that the company has just enough current assets to cover its current liabilities, but not much room for error.

1 analysts cover ARTNA: 0 rate it Buy, 1 Hold and 0 Sell.