Unit (UNT) Earns Coverage Optimism Rating of 0.04

News coverage about Unit (NYSE:UNT) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Unit earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 47.9014160099245 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the media stories that may have impacted Accern Sentiment’s analysis:

Unit (NYSE:UNT) opened at $25.35 on Tuesday. The firm has a market cap of $1,340.00, a P/E ratio of 42.97 and a beta of 2.90. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.67 and a quick ratio of 0.66. Unit has a 12 month low of $15.29 and a 12 month high of $28.48.

Unit (NYSE:UNT) last released its quarterly earnings data on Thursday, November 2nd. The oil and gas company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.01). The company had revenue of $188.49 million during the quarter, compared to analyst estimates of $189.44 million. Unit had a net margin of 4.28% and a return on equity of 2.33%. The firm’s quarterly revenue was up 22.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.04 EPS. equities research analysts expect that Unit will post 0.5 earnings per share for the current year.

Several equities research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Unit from a “sell” rating to a “hold” rating in a research report on Thursday, October 12th. SunTrust Banks restated a “buy” rating and issued a $25.00 price target on shares of Unit in a research report on Friday, November 3rd. KLR Group downgraded shares of Unit from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. ValuEngine downgraded shares of Unit from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Finally, Scotiabank restated a “hold” rating and issued a $23.00 price target on shares of Unit in a research report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $24.67.

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Unit Company Profile

Unit Corporation is an oil and natural gas contract drilling company. The Company has operations in the exploration and production and mid-stream areas. The Company operates through three segments: Oil and Natural Gas, Contract Drilling and Mid-Stream. It is primarily engaged in the exploration, development, acquisition, and production of oil and natural gas properties, the land contract drilling of natural gas and oil wells, and the buying, selling, gathering, processing and treating of natural gas.

Insider Buying and Selling by Quarter for Unit (NYSE:UNT)

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