For its first fiscal quarter (ending March 31), Unitil Corp (NYSE: UTL) has reported a 12% increase in E.P.S. from $1.51 a year ago to $1.69 in the current quarter. Relative to the consensus estimate of $1.71, this was a shortfall of $-0.02. For the latest four quarters through March 31, E.P.S. were $3.00 compared to $2.75 a year ago — an increase of 9%.
Recent Price Action
Unitil Corp (NYSE: UTL) stock closed at $53.56 on 5/7/24 after a modest gain of 0.5%. Trading volume in this advance was normal. The stock has risen 6.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
UTL is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Unitil has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Unitil has a neutral Appreciation Score of 42 and a neutral Power Rating of 59, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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