For its third fiscal quarter (ending September 30), Unitil Corp (NYSE: UTL) has reported a 200% increase in E.P.S. from $0.03 a year ago to $0.09 in the current quarter. This performance was $0.04 better than the consensus estimate of $0.05. E.P.S. were $2.76 for the latest four quarters through September 30 versus $2.60 for the same period a year ago — an increase of 6%.
Recent Price Action
Unitil Corp (NYSE: UTL) stock enjoyed a large increase of 2.5% on 11/7/23. The stock closed at $48.60. The stock has been weak relative to the market over the last nine months but has risen 5.8% during the last week.
Current PriceTarget Research Rating
UTL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Unitil has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Unitil has a neutral Appreciation Score of 42 and a neutral Power Rating of 42, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment