Maine approves Unitils 72 million acquisition of Bangor Natural Gas
UTL Stock | USD 53.77 0.72 1.32% |
About 61% of UNITIL's investor base is looking to short. The analysis of overall sentiment of trading UNITIL stock suggests that many investors are alarmed at this time. UNITIL's investing sentiment shows overall attitude of investors towards UNITIL.
UNITIL |
Dec. 17Maine regulators on Tuesday approved a 71.9 million acquisition of Bangor Natural Gas Co. by Unitil Corp., the states largest gas utility. As part of the deal, Unitil will have to measure, report and take steps to reduce the amount of greenhouse gases released into the air from accidental leaks and intentional venting of pipelines. The Public Utilities Commission voted 3-0 to back ...
Read at finance.yahoo.com
UNITIL Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards UNITIL can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
UNITIL Fundamental Analysis
We analyze UNITIL's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of UNITIL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of UNITIL based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Target Price
Target Price Comparative Analysis
UNITIL is currently under evaluation in target price category among its peers.
UNITIL Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with UNITIL stock to make a market-neutral strategy. Peer analysis of UNITIL could also be used in its relative valuation, which is a method of valuing UNITIL by comparing valuation metrics with similar companies.
Peers
UNITIL Related Equities
ELP | Companhia Paranaense | 0.68 | ||||
NWE | NorthWestern | 0.51 | ||||
ALE | Allete | 0.28 | ||||
BKH | Black Hills | 0.73 | ||||
MNTK | Montauk Renewables | 0.76 | ||||
AVA | Avista | 0.81 | ||||
OTTR | Otter Tail | 1.37 |
Check out UNITIL Hype Analysis, UNITIL Correlation and UNITIL Performance. For more information on how to buy UNITIL Stock please use our How to buy in UNITIL Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of UNITIL. If investors know UNITIL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about UNITIL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.017 | Dividend Share 1.68 | Earnings Share 2.93 | Revenue Per Share 30.825 | Quarterly Revenue Growth (0.11) |
The market value of UNITIL is measured differently than its book value, which is the value of UNITIL that is recorded on the company's balance sheet. Investors also form their own opinion of UNITIL's value that differs from its market value or its book value, called intrinsic value, which is UNITIL's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because UNITIL's market value can be influenced by many factors that don't directly affect UNITIL's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between UNITIL's value and its price as these two are different measures arrived at by different means. Investors typically determine if UNITIL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UNITIL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.