Unit (UNT) Receives News Sentiment Score of 0.07
Media coverage about Unit (NYSE:UNT) has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Unit earned a news impact score of 0.07 on Accern’s scale. Accern also assigned press coverage about the oil and gas company an impact score of 46.6765121381926 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Police in Trump-supporting towns aid immigration officials in crackdown (feeds.reuters.com)
- Well Care Home Health Named a Top Agency in 2017, Earns HomeCare Elite Status (prweb.com)
- Canton Fair Finding Partners with Sense of Responsibility for the Red Cross (prnewswire.com)
- Local Fire Department to Torch Vehicles in the Name of Safety (prweb.com)
- InsurMark Presents Scholarships to Local Students (prweb.com)
UNT has been the subject of several analyst reports. Zacks Investment Research cut shares of Unit from a “hold” rating to a “sell” rating in a report on Friday, October 27th. Scotiabank reissued a “hold” rating and set a $23.00 price target on shares of Unit in a report on Friday, November 3rd. Cowen Inc reissued a “hold” rating and set a $25.00 price target on shares of Unit in a report on Sunday, September 17th. KLR Group raised shares of Unit from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Wednesday, August 23rd. Finally, SunTrust Banks, Inc. reissued a “buy” rating and set a $25.00 price target on shares of Unit in a report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $24.60.
Unit (NYSE UNT) opened at $21.19 on Monday. The stock has a market cap of $1,120.00, a PE ratio of 38.53 and a beta of 2.84. Unit has a 1-year low of $15.29 and a 1-year high of $30.63. The company has a current ratio of 0.67, a quick ratio of 0.66 and a debt-to-equity ratio of 0.64.
Unit (NYSE:UNT) last posted its quarterly earnings results on Thursday, November 2nd. The oil and gas company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.01). The firm had revenue of $188.49 million for the quarter, compared to analysts’ expectations of $189.44 million. Unit had a return on equity of 2.33% and a net margin of 4.28%. The company’s revenue for the quarter was up 22.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.04 earnings per share. analysts predict that Unit will post 0.51 EPS for the current fiscal year.
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.
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