News stories about Aqua America (NYSE:WTR) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Aqua America earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 47.1159782986599 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- ETFs with exposure to Aqua America, Inc. : December 29, 2017 (finance.yahoo.com)
- Aqua Pennsylvania Encourages Customers to Take Steps to Prevent Pipes from Freezing (finance.yahoo.com)
- Aqua America Expands Operation, to Exit 2017 on a High Note – Nasdaq (nasdaq.com)
- 4 No-Fee DRIP Investments For 2018 | Seeking Alpha – Seeking Alpha (seekingalpha.com)
WTR has been the subject of a number of recent analyst reports. Boenning Scattergood reiterated a “buy” rating and issued a $43.00 price objective on shares of Aqua America in a report on Wednesday, November 1st. Argus upped their price objective on Aqua America from $37.00 to $41.00 and gave the company a “buy” rating in a report on Wednesday, December 13th. Zacks Investment Research upgraded Aqua America from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a report on Tuesday, October 3rd. Robert W. Baird restated a “hold” rating and issued a $32.00 price target on shares of Aqua America in a report on Sunday, October 1st. Finally, Hilliard Lyons upgraded Aqua America from an “underperform” rating to a “neutral” rating in a report on Thursday, December 21st. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $38.67.
Aqua America (NYSE WTR) traded down $0.10 during mid-day trading on Tuesday, hitting $39.23. The stock had a trading volume of 497,600 shares, compared to its average volume of 554,724. The company has a quick ratio of 0.48, a current ratio of 0.55 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $6,970.80, a PE ratio of 29.50, a P/E/G ratio of 5.24 and a beta of 0.59. Aqua America has a 52 week low of $29.41 and a 52 week high of $39.55.
Aqua America (NYSE:WTR) last posted its quarterly earnings data on Tuesday, October 31st. The utilities provider reported $0.43 earnings per share for the quarter, hitting the consensus estimate of $0.43. The company had revenue of $215.01 million during the quarter, compared to analysts’ expectations of $234.40 million. Aqua America had a return on equity of 12.49% and a net margin of 29.38%. Aqua America’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.41 earnings per share. sell-side analysts anticipate that Aqua America will post 1.36 earnings per share for the current fiscal year.
In related news, VP David Smeltzer sold 10,000 shares of the stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $36.36, for a total transaction of $363,600.00. Following the completion of the transaction, the vice president now directly owns 71,397 shares of the company’s stock, valued at $2,595,994.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have bought 108,500 shares of company stock valued at $14,175 over the last ninety days. 0.25% of the stock is owned by insiders.
Aqua America Company Profile
Aqua America, Inc is a holding company. The Company is engaged in providing water or wastewater services concentrated in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana and Virginia. The Company is the holding company for its primary subsidiary, Aqua Pennsylvania, Inc Its market-based activities are conducted through Aqua Resources, Inc (Aqua Resources) and Aqua Infrastructure, LLC (Aqua Infrastructure).
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