Media stories about Aqua America (NYSE:WTR) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Aqua America earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned headlines about the utilities provider an impact score of 46.1182712752246 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Aqua America Reaches Analyst Target Price - Nasdaq.com - Nasdaq (nasdaq.com)
- Is The Needle Ready to Move For Aqua America Inc (WTR) Shares? - Stock Press Daily (stockpressdaily.com)
- Investor Focus on Shares of Aqua America, Inc. (NYSE:WTR) - Jonesboro Recorder (jonesbororecorder.com)
- Aqua America Is Undervalued - Seeking Alpha (seekingalpha.com)
- Aqua America, Inc. breached its 50 day moving average in a Bullish Manner : WTR-US : July 19, 2017 (finance.yahoo.com)
Several equities research analysts have recently weighed in on the stock. BidaskClub cut shares of Aqua America from a “buy” rating to a “hold” rating in a research report on Thursday, July 6th. Zacks Investment Research cut shares of Aqua America from a “hold” rating to a “sell” rating in a research report on Tuesday, April 18th. Finally, Northcoast Research assumed coverage on shares of Aqua America in a research report on Thursday, May 25th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $32.25.
Aqua America (NYSE:WTR) traded up 0.42% during midday trading on Tuesday, hitting $33.35. 864,065 shares of the stock traded hands. The company has a market capitalization of $5.92 billion, a price-to-earnings ratio of 25.56 and a beta of 0.53. The stock’s 50-day moving average price is $33.20 and its 200 day moving average price is $31.91. Aqua America has a 52 week low of $28.03 and a 52 week high of $34.86.
Aqua America (NYSE:WTR) last posted its earnings results on Wednesday, May 3rd. The utilities provider reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.02. The company had revenue of $187.79 million for the quarter. Aqua America had a net margin of 28.41% and a return on equity of 12.62%. On average, equities research analysts predict that Aqua America will post $1.36 EPS for the current year.
In other news, Director Richard H. Glanton sold 4,200 shares of the stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $32.83, for a total value of $137,886.00. Following the transaction, the director now owns 2,207 shares in the company, valued at approximately $72,455.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Richard Scott Fox sold 5,750 shares of the stock in a transaction that occurred on Tuesday, June 6th. The stock was sold at an average price of $32.89, for a total transaction of $189,117.50. Following the completion of the transaction, the chief operating officer now owns 18,788 shares in the company, valued at approximately $617,937.32. The disclosure for this sale can be found here. 0.25% of the stock is owned by corporate insiders.
ILLEGAL ACTIVITY NOTICE: “Aqua America (NYSE:WTR) Receiving Somewhat Favorable Media Coverage, Report Finds” was originally reported by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this article on another website, it was copied illegally and republished in violation of U.S. and international copyright legislation. The original version of this article can be accessed at https://stocknewstimes.com/2017/07/25/aqua-america-nysewtr-receiving-somewhat-favorable-media-coverage-report-finds.html.
Aqua America Company Profile
Aqua America, Inc is a holding company. The Company is engaged in providing water or wastewater services concentrated in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana and Virginia. The Company is the holding company for its primary subsidiary, Aqua Pennsylvania, Inc Its market-based activities are conducted through Aqua Resources, Inc (Aqua Resources) and Aqua Infrastructure, LLC (Aqua Infrastructure).
Receive News & Ratings for Aqua America Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aqua America Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
