RGC Resources Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 11 out of 14 in the Natural Gas Utilities industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 22.60.In the medium term, the stock price is expected to remain stable.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
RGC Resources Inc's Score
Industry at a Glance
Industry Ranking
11 / 14
Overall Ranking
310 / 4521
Industry
Natural Gas Utilities
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive
RGC Resources Inc Highlights
StrengthsRisks
RGC Resources, Inc. is an energy services company engaged in the sale and distribution of natural gas to approximately 62,500 residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities, through its subsidiary, Roanoke Gas Company (Roanoke Gas). Roanoke Gas also provides certain unregulated services. Roanoke Gas maintains an integrated natural gas distribution system to deliver natural gas purchased from suppliers to residential, commercial, and industrial users in its service territory. Roanoke Gas owns and operates about 11 metering stations through which it measures and regulates the gas being delivered by its suppliers. These stations are located at various points throughout its distribution system. Roanoke Gas owns a liquefied natural gas storage facility located in its service territory that has the capacity to store up to 200,000 dekatherms (DTH) of natural gas. It has approximately 1,180 miles of transmission and distribution pipeline.
Growing
The company is in a growing phase, with the latest annual income totaling USD 95.33M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 95.33M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 64.49%.
Overvalued
The company’s latest PE is 17.44, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 4.35M shares, increasing 1.21% quarter-over-quarter.
RGC Resources, Inc. is an energy services company engaged in the sale and distribution of natural gas to approximately 62,500 residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities, through its subsidiary, Roanoke Gas Company (Roanoke Gas). Roanoke Gas also provides certain unregulated services. Roanoke Gas maintains an integrated natural gas distribution system to deliver natural gas purchased from suppliers to residential, commercial, and industrial users in its service territory. Roanoke Gas owns and operates about 11 metering stations through which it measures and regulates the gas being delivered by its suppliers. These stations are located at various points throughout its distribution system. Roanoke Gas owns a liquefied natural gas storage facility located in its service territory that has the capacity to store up to 200,000 dekatherms (DTH) of natural gas. It has approximately 1,180 miles of transmission and distribution pipeline.