Chesapeake Utilities (NYSE:CPK – Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Chesapeake Utilities to post earnings of $1.67 per share and revenue of $237.84 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
Chesapeake Utilities Price Performance
Chesapeake Utilities stock opened at $124.79 on Wednesday. The company has a fifty day simple moving average of $122.00 and a 200-day simple moving average of $121.85. Chesapeake Utilities has a 12-month low of $98.25 and a 12-month high of $134.20. The company has a current ratio of 0.38, a quick ratio of 0.32 and a debt-to-equity ratio of 0.87. The stock has a market cap of $2.84 billion, a P/E ratio of 25.31 and a beta of 0.65.
Analysts Set New Price Targets
Several equities research analysts recently commented on the stock. Guggenheim lifted their price target on shares of Chesapeake Utilities from $118.00 to $129.00 and gave the stock a “neutral” rating in a research note on Friday, November 22nd. StockNews.com upgraded shares of Chesapeake Utilities from a “sell” rating to a “hold” rating in a research note on Friday, February 14th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $123.00.
Get Our Latest Stock Report on Chesapeake Utilities
About Chesapeake Utilities
Chesapeake Utilities Corporation operates as an energy delivery company. The company operates through two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment natural gas distribution operations in central and southern Delaware, Maryland’s eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida; and regulated electric distribution in northeast and northwest Florida.
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