Media headlines about Unit (NYSE:UNT) have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public 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 0.13 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 47.3637784247506 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
Shares of UNT stock traded down $0.58 during trading on Friday, hitting $19.24. 340,285 shares of the company were exchanged, compared to its average volume of 653,141. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.66 and a current ratio of 0.66. The stock has a market cap of $1,020.91, a P/E ratio of 35.63 and a beta of 2.93. Unit has a twelve month low of $15.29 and a twelve month high of $26.82.
Unit (NYSE:UNT) last posted its quarterly earnings results on Thursday, February 22nd. The oil and gas company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. The business had revenue of $204.85 million during the quarter, compared to analysts’ expectations of $199.77 million. Unit had a net margin of 15.93% and a return on equity of 2.19%. The firm’s quarterly revenue was up 17.5% compared to the same quarter last year. During the same period last year, the company posted $0.23 earnings per share. sell-side analysts predict that Unit will post 0.98 EPS for the current year.
Several research analysts have commented on the stock. SunTrust Banks cut shares of Unit from a “buy” rating to a “hold” rating and set a $22.00 target price for the company. in a report on Tuesday, March 27th. Johnson Rice assumed coverage on shares of Unit in a report on Wednesday, March 21st. They issued a “hold” rating and a $26.00 target price for the company. TheStreet upgraded shares of Unit from a “d+” rating to a “c” rating in a report on Thursday, February 22nd. ValuEngine cut shares of Unit from a “hold” rating to a “sell” rating in a report on Monday, February 5th. Finally, Cowen set a $27.00 target price on shares of Unit and gave the stock a “hold” rating in a report on Thursday, January 18th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. Unit currently has an average rating of “Hold” and a consensus target price of $24.71.
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Unit Corporation, together with its subsidiaries, operates as an oil and natural gas contract drilling company in the United States. The company operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. The Oil and Natural Gas segment acquires, explores, develops, and produces oil and natural gas properties, principally located in Oklahoma and Texas, as well as in Arkansas, Colorado, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, Utah, and Wyoming.
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