Somewhat Positive News Coverage Somewhat Unlikely to Impact UNITIL (NYSE:UTL) Share Price

Media stories about UNITIL (NYSE:UTL) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. UNITIL earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 45.3370564495772 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news articles that may have impacted Accern Sentiment’s rankings:

Shares of UNITIL (UTL) traded down $0.52 during midday trading on Friday, reaching $44.17. 55,700 shares of the company were exchanged, compared to its average volume of 76,242. The firm has a market capitalization of $658.05, a PE ratio of 22.09, a P/E/G ratio of 5.25 and a beta of 0.20. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.53 and a current ratio of 0.56. UNITIL has a 52-week low of $43.03 and a 52-week high of $52.84.

UNITIL (NYSE:UTL) last announced its earnings results on Thursday, October 26th. The utilities provider reported $0.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.04. UNITIL had a net margin of 7.09% and a return on equity of 9.39%. The business had revenue of $475.20 million during the quarter, compared to analysts’ expectations of $82.80 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The firm’s revenue was down 3.4% on a year-over-year basis. analysts forecast that UNITIL will post 2.03 EPS for the current year.

UTL has been the topic of several recent research reports. Janney Montgomery Scott raised shares of UNITIL from a “neutral” rating to a “buy” rating and cut their price target for the company from $52.00 to $50.00 in a report on Tuesday, December 26th. They noted that the move was a valuation call. Zacks Investment Research raised shares of UNITIL from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a research note on Wednesday, November 1st. Royal Bank of Canada reaffirmed a “hold” rating and issued a $47.00 target price on shares of UNITIL in a research note on Wednesday, October 18th. Finally, Bank of America initiated coverage on shares of UNITIL in a research note on Monday, December 18th. They issued a “neutral” rating and a $49.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $51.00.

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UNITIL Company Profile

Unitil Corporation is a public utility holding company. The Company’s principal business is the local distribution of electricity in the southeastern seacoast and state capital regions of New Hampshire and the greater Fitchburg area of north central Massachusetts and the local distribution of natural gas in southeastern New Hampshire, portions of southern Maine to the Lewiston-Auburn area and in the greater Fitchburg area of north central Massachusetts.

Insider Buying and Selling by Quarter for UNITIL (NYSE:UTL)

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