Somewhat Favorable Media Coverage Somewhat Unlikely to Impact The York Water (YORW) Share Price
News headlines about The York Water (NASDAQ:YORW) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The York Water earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the utilities provider an impact score of 48.0256267796884 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern’s rankings:
- BRIEF-York Water Company reports Q2 earnings per share of $0.23 (reuters.com)
- York Water beats by $0.01, beats on revenue (seekingalpha.com)
- York Water Company Reports 2nd Quarter and Six Months Earnings (finance.yahoo.com)
- The York Water Company (NASDAQ:YORW) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS (americanbankingnews.com)
- The York Water (YORW) vs. Artesian Resources Corporation (ARTNA) Financial Analysis (americanbankingnews.com)
A number of research firms have weighed in on YORW. BidaskClub cut shares of The York Water from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Zacks Investment Research cut shares of The York Water from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th.
The York Water (NASDAQ YORW) traded down 1.58% during mid-day trading on Monday, hitting $34.25. 18,320 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $35.77 and its 200-day moving average price is $35.18. The York Water has a 12 month low of $27.68 and a 12 month high of $39.86. The stock has a market cap of $439.91 million, a PE ratio of 36.87 and a beta of 0.57.
The York Water (NASDAQ:YORW) last announced its quarterly earnings results on Thursday, August 3rd. The utilities provider reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The business had revenue of $12.30 million for the quarter, compared to analyst estimates of $12.21 million. The York Water had a net margin of 25.05% and a return on equity of 10.52%. The company’s revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.23 EPS. Equities analysts expect that The York Water will post $0.96 EPS for the current fiscal year.
About The York Water
The York Water Company is an investor-owned water utility in the United States. The primary business of the Company is to impound, purify to meet or exceed safe drinking water standards and distribute water. As of December 31, 2016, it also owned and operated three wastewater collection systems and two wastewater treatment systems.
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