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New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution services, and retail and wholesale energy services.View NJR key stats
New Jersey Resources Corporation - NJR - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates New Jersey Resources Corporation as a
Buy with a ratings score of B.
Report Snippet: We rate NEW JERSEY RESOURCES CORP (NJR) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.