$36.70
4.53% yesterday
Nasdaq, Jul 02, 10:00 pm CET
ISIN
US0431132085
Symbol
ARTNA
Sector
Industry

Artesian Resources Corporation Class A Target price 2024 - Analyst rating & recommendation

Artesian Resources Corporation Class A Classifications & Recommendation:

Buy
100%

Artesian Resources Corporation Class A Target price

Target price $52.00
Course $36.70
Price potential
Number of estimates 1
1 Analyst has issued a Artesian Resources Corporation Class A price target 2025. The average Artesian Resources Corporation Class A target price is $52.00. This is higher than the current share price.
A rating was issued by 1 analysts: 1 Analysts recommend Artesian Resources Corporation Class A to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst estimates: Analysts believe that the Artesian Resources Corporation Class A share has an average upside potential 2025 of . Most analysts recommend the Artesian Resources Corporation Class A share at Purchase.

Sales and margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Forecast
Turnover Million $ 98.86 105.00
0.04% 6.21%

1 Analyst has issued a sales forecast Artesian Resources Corporation Class A 2024 . The average Artesian Resources Corporation Class A sales estimate is

$105m
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. This is
4.05% higher
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than the turnover of the last 12 months(TTM). The highest sales forecast is
$105m 4.05%
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, the lowest is
$105m 4.05%
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.

This results in the following potential growth figures:

Sales forecast

2023 $98.9m 0.04%
2024
$105m 6.21%
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2025
$109m 3.81%
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Earnings per share, P/E ratio and EV/sales forecast 2024, 2025 & 2026

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Dec '23 2024
Forecast
EV/Sales 5.23

Based on analysts' sales estimates for 2024, the Artesian Resources Corporation Class A share is valued at an <a href=/blog/ev-sales-einfach-erklaert>EV/Sales of

and an <a href=/blog/kurs-umsatz-verhaeltnis-kuv-einfach-erklaert>P/S ratio of .

This results in the following potential growth figures and future valuations:

EV/Sales

Current 5.44 21.27%
2024
5.23 3.87%
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2025
5.04 3.67%
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P/S ratio

Current 3.74 23.49%
2024
3.60 3.90%
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2025
3.46 3.67%
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