News headlines about Vectren (NYSE:VVC) have been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Vectren earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 45.6103658277304 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
VVC stock opened at $63.19 on Wednesday. The company has a current ratio of 0.72, a quick ratio of 0.59 and a debt-to-equity ratio of 0.94. Vectren has a 52-week low of $57.07 and a 52-week high of $69.86. The company has a market cap of $5,298.80, a price-to-earnings ratio of 24.45, a price-to-earnings-growth ratio of 3.51 and a beta of 0.67.
Vectren (NYSE:VVC) last released its quarterly earnings data on Tuesday, February 20th. The utilities provider reported $0.74 EPS for the quarter, missing the Zacks’ consensus estimate of $0.76 by ($0.02). The company had revenue of $711.00 million for the quarter, compared to the consensus estimate of $620.00 million. Vectren had a return on equity of 11.91% and a net margin of 8.13%. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the firm earned $0.84 earnings per share. equities analysts predict that Vectren will post 2.87 EPS for the current year.
A number of analysts have recently issued reports on VVC shares. Wells Fargo set a $58.00 price objective on shares of Vectren and gave the company a “hold” rating in a report on Tuesday, February 13th. Guggenheim downgraded shares of Vectren from a “buy” rating to a “neutral” rating in a report on Tuesday, January 2nd. ValuEngine downgraded shares of Vectren from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Bank of America restated a “neutral” rating on shares of Vectren in a report on Tuesday, February 27th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Vectren has an average rating of “Hold” and a consensus price target of $64.75.
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Vectren Corporation (Vectren) is an energy holding company. The Company segregates its operations into groups, including the Utility Group, the Nonutility Group, and Corporate and Other. The Company’s subsidiary, Vectren Utility Holdings, Inc (Utility Holdings or VUHI), serves as the intermediate holding company for three public utilities: Indiana Gas Company, Inc (Indiana Gas), Southern Indiana Gas and Electric Company (SIGECO) and Vectren Energy Delivery of Ohio, Inc (VEDO).
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