Media stories about SCANA (NYSE:SCG) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SCANA earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the utilities provider an impact score of 46.9192170521217 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of SCANA stock traded up $1.06 during midday trading on Thursday, reaching $38.48. The company had a trading volume of 323,603 shares, compared to its average volume of 2,576,213. SCANA has a 52-week low of $34.76 and a 52-week high of $71.28. The firm has a market cap of $5,517.25, a P/E ratio of -45.58, a P/E/G ratio of 3.63 and a beta of 0.21. The company has a current ratio of 0.88, a quick ratio of 0.73 and a debt-to-equity ratio of 1.12.
SCANA (NYSE:SCG) last announced its quarterly earnings results on Thursday, February 22nd. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.03. SCANA had a positive return on equity of 10.61% and a negative net margin of 2.70%. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the firm earned $0.87 EPS. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. equities analysts predict that SCANA will post 3.05 earnings per share for the current fiscal year.
A number of research firms have recently commented on SCG. Zacks Investment Research downgraded SCANA from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 2nd. ValuEngine downgraded SCANA from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Mizuho restated a “hold” rating and set a $46.50 price objective on shares of SCANA in a report on Thursday, January 11th. UBS began coverage on SCANA in a report on Friday, February 2nd. They set a “sell” rating and a $38.00 price objective for the company. Finally, Wells Fargo downgraded SCANA from an “outperform” rating to a “market perform” rating and set a $51.00 price objective for the company. in a report on Friday, January 5th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. SCANA currently has a consensus rating of “Hold” and a consensus price target of $52.06.
SCANA Company Profile
SCANA Corporation is a holding company. The Company, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in South Carolina. The Company operates through segments, including Electric Operations, Gas Distribution, Gas Marketing and All Other. The Company is engaged in the purchase, transmission and sale of natural gas in North Carolina and South Carolina.
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