Unitil Corp (NYSE: UTL) has reported E.P.S. of $0.27 for its second fiscal quarter (ending June 30) versus $0.25 for the same period a year ago — an increase of 8%. Relative to the consensus estimate of $0.29, this was a shortfall of $-0.02. For the latest four quarters through June 30, E.P.S. were $3.02 compared to $2.70 a year ago — an increase of 12%.
Recent Price Action
Unitil Corp (NYSE: UTL) stock closed at $57.38 on 8/6/24 after a decline of -3.4%. However, this decline was accompanied by below average trading volume at 73% of normal. The stock has declined -3.5% during the last week but has been strong relative to 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). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Unitil has a slightly negative Appreciation Score of 36 but a slightly positive Power Rating of 62, 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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