United Utilities Group (LON:UU) Issues Earnings Results

United Utilities Group (LON:UU) posted its quarterly earnings data on Thursday. The company reported GBX 56.30 EPS for the quarter, Digital Look Earnings reports. United Utilities Group had a return on equity of 27.72% and a net margin of 22.43%. The firm had revenue of GBX 146.20 billion during the quarter.

United Utilities Group Stock Performance

LON UU traded down GBX 2 during mid-day trading on Thursday, reaching GBX 1,540. 1,200,014 shares of the stock were exchanged, compared to its average volume of 328,047. The firm has a market capitalization of £10.55 billion, a PE ratio of 83.13, a PEG ratio of 0.69 and a beta of 0.58. The company has a debt-to-equity ratio of 512.65, a current ratio of 2.55 and a quick ratio of 1.13. The firm’s fifty day simple moving average is GBX 1,436.08 and its two-hundred day simple moving average is GBX 1,367.81.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “hold” rating and issued a GBX 1,350 target price on shares of United Utilities Group in a report on Thursday. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, United Utilities Group has a consensus rating of “Hold” and an average target price of GBX 1,448.

About United Utilities Group

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.