Star Group (SGU) Given News Sentiment Rating of 0.48
News coverage about Star Group (NYSE:SGU) has trended positive this week, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Star Group earned a news sentiment score of 0.48 on Accern’s scale. Accern also gave media stories about the pipeline company an impact score of 47.1032004088827 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Opinion: How Future Stargate Can Reach New Heights (gateworld.net)
- Star Group LP (SGU) Insider Steven Jay Goldman Buys 3,000 Shares (americanbankingnews.com)
- Star Group LP (SGU) CFO Purchases $37,680.00 in Stock (americanbankingnews.com)
- Star Group LP (SGU) Insider Purchases $100,594.00 in Stock (americanbankingnews.com)
- Insider Buying: Star Group LP (SGU) CFO Buys 5,000 Shares of Stock (americanbankingnews.com)
Separately, ValuEngine upgraded Star Group from a “sell” rating to a “hold” rating in a research report on Thursday, July 19th.
Star Group (NYSE:SGU) last issued its earnings results on Wednesday, August 1st. The pipeline company reported ($0.15) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.22) by $0.07. The company had revenue of $327.35 million during the quarter. Star Group had a return on equity of 14.21% and a net margin of 3.64%.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 7th. Stockholders of record on Monday, July 30th were paid a $0.1175 dividend. This represents a $0.47 annualized dividend and a dividend yield of 4.90%. The ex-dividend date was Friday, July 27th.
In other Star Group news, CFO Richard Ambury purchased 5,000 shares of the firm’s stock in a transaction dated Tuesday, August 14th. The shares were acquired at an average price of $9.40 per share, with a total value of $47,000.00. Following the purchase, the chief financial officer now directly owns 28,890 shares in the company, valued at approximately $271,566. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Steven Jay Goldman purchased 10,600 shares of the firm’s stock in a transaction dated Tuesday, August 14th. The stock was acquired at an average cost of $9.49 per share, for a total transaction of $100,594.00. Following the purchase, the insider now owns 29,300 shares in the company, valued at $278,057. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 22,600 shares of company stock worth $213,414. Corporate insiders own 20.36% of the company’s stock.
About Star Group
Star Group, L.P. operates as a home heating oil and propane distributor and services provider in the United States. It also installs, maintains, and repairs heating and air conditioning equipment, as well as offers ancillary home services, including home security and plumbing. As of September 30, 2017, the company sold home heating oil and propane to approximately 455,000 full service residential and commercial customers.
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