News articles about Vectren (NYSE:VVC) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Vectren earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned media headlines about the utilities provider an impact score of 46.3528035881613 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
- Brokerages Expect Vectren (VVC) Will Announce Earnings of $0.82 Per Share (americanbankingnews.com)
- Vectren (VVC) Upgraded to Buy by Zacks Investment Research (americanbankingnews.com)
- Vectren Subsidiary to Cut Ribbon on New HQ (insideindianabusiness.com)
- Zacks Investment Research Downgrades Vectren (VVC) to Hold (americanbankingnews.com)
- Vectren Schedules 2018 First Quarter Earnings Release and Conference Call (finance.yahoo.com)
Shares of Vectren stock traded up $0.12 during trading hours on Tuesday, hitting $64.90. 657,665 shares of the company’s stock traded hands, compared to its average volume of 517,089. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.72 and a quick ratio of 0.59. The company has a market capitalization of $5,332.84, a PE ratio of 24.96, a P/E/G ratio of 3.53 and a beta of 0.59. Vectren has a twelve month low of $57.48 and a twelve month high of $69.86.
Vectren (NYSE:VVC) last announced its earnings results on Tuesday, February 20th. The utilities provider reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.02). The business had revenue of $711.00 million for the quarter, compared to analyst estimates of $620.00 million. Vectren had a net margin of 8.13% and a return on equity of 11.91%. The firm’s revenue was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.84 earnings per share. equities analysts expect that Vectren will post 2.87 earnings per share for the current fiscal year.
Several brokerages recently issued reports on VVC. Zacks Investment Research upgraded Vectren from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a report on Saturday, April 7th. Guggenheim downgraded Vectren from a “buy” rating to a “neutral” rating in a report on Tuesday, January 2nd. Bank of America reiterated a “neutral” rating on shares of Vectren in a report on Tuesday, February 27th. Finally, Wells Fargo set a $58.00 price target on Vectren and gave the company a “hold” rating in a report on Tuesday, February 13th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Vectren has an average rating of “Hold” and a consensus target price of $66.75.
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Vectren Company Profile
Vectren Corporation provides energy delivery services to residential, commercial, and industrial and other contract customers. The company offers natural gas distribution and transportation services, and electric transmission and distribution services; and owns and operates coal-fired, natural gas or oil-fired, and landfill gas electric generating facilities with an installed generating capacity of 1,248 megawatts.
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