UNITIL Corporation with ticker code (UTL) now have 3 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 64 and 48 and has a mean target at $56.00. Given that the stocks previous close was at $58.72 this would indicate that there is a downside of -4.6%. The 50 day moving average now sits at $54.94 and the 200 day MA is $53.11. The company has a market capitalization of $931m. Company Website: https://unitil.com
The potential market cap would be $888m based on the market consensus.
Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through two segments, Utility Electric Operations, Utility Gas Operations. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as electricity and natural gas in the greater Fitchburg area of north central Massachusetts. It also operates 86 miles of interstate underground natural gas transmission pipeline that provides interstate natural gas pipeline access and transportation services primarily in Maine and New Hampshire. In addition, the company provides real estate management services. It serves approximately 108,100 electric customers and 87,500 natural gas customers. Unitil Corporation was incorporated in 1984 and is headquartered in Hampton, New Hampshire.
The company has a dividend yield of 2.8% with the ex dividend date set at 13-2-2023 (DMY).
Other points of data to note are a P/E ratio of 22.36, revenue per share of 35.22 and a 3.23% return on assets.
