Canadian Utilities (TSE:CU) is set to post its quarterly earnings results before the market opens on Thursday, July 25th.
Canadian Utilities (TSE:CU) last issued its quarterly earnings data on Thursday, April 25th. The company reported C$0.73 earnings per share (EPS) for the quarter. The company had revenue of C$1.19 billion for the quarter.
Shares of CU stock opened at C$35.70 on Wednesday. The stock’s fifty day moving average is C$37.14. The company has a debt-to-equity ratio of 161.25, a current ratio of 1.08 and a quick ratio of 0.83. Canadian Utilities has a 12-month low of C$29.12 and a 12-month high of C$38.63. The company has a market capitalization of $9.74 billion and a P/E ratio of 16.15.
Several equities research analysts have recently issued reports on the stock. CIBC downgraded shares of TransAlta Renewables from a “neutral” rating to an “underperform” rating and increased their price objective for the stock from C$13.00 to C$13.50 in a research report on Wednesday, April 3rd. CSFB reduced their target price on shares of First Quantum Minerals from C$23.00 to C$12.00 in a report on Tuesday, May 28th. Royal Bank of Canada set a $147.00 target price on shares of Ameriprise Financial and gave the stock a “hold” rating in a report on Friday, April 26th. Finally, BMO Capital Markets restated a “buy” rating on shares of Gran Tierra Energy in a report on Wednesday, June 26th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Canadian Utilities has a consensus rating of “Hold” and a consensus target price of C$37.13.
In other Canadian Utilities news, Director P. Derek Cook sold 1,000 shares of the stock in a transaction on Monday, April 29th. The shares were sold at an average price of C$36.79, for a total value of C$36,790.00. Following the completion of the sale, the director now owns 802 shares in the company, valued at C$29,505.58. Also, Director Steven R. Piepgrass sold 700 shares of the stock in a transaction on Friday, May 10th. The shares were sold at an average price of C$36.46, for a total transaction of C$25,522.00. Following the completion of the sale, the director now owns 3,233 shares of the company’s stock, valued at approximately C$117,875.18.
Canadian Utilities Company Profile
Canadian Utilities Limited and its subsidiaries engage in the electricity, pipelines and liquids, and retail energy businesses worldwide. It operates through Electricity, Pipelines & Liquids, and Corporate & Other segments. The Electricity segment provides electricity generation, transmission, distribution; and related infrastructure solutions in Alberta, Ontario, the Yukon, the Northwest Territories, in Canada, as well as in Australia and Mexico.
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