Chesapeake Utilities (CPK) Expected to Announce Quarterly Earnings on Wednesday

Chesapeake Utilities (NYSE:CPK) will likely be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.67 per share and revenue of $237.84 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Chesapeake Utilities Stock Up 0.0 %

Shares of NYSE CPK opened at $123.71 on Monday. Chesapeake Utilities has a one year low of $98.25 and a one year high of $134.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.38 and a quick ratio of 0.32. The firm’s 50 day simple moving average is $121.78 and its two-hundred day simple moving average is $122.04. The stock has a market capitalization of $2.82 billion, a P/E ratio of 25.09 and a beta of 0.65.

Wall Street Analyst Weigh In

A number of research analysts have commented on CPK shares. Guggenheim increased their price target on shares of Chesapeake Utilities from $118.00 to $129.00 and gave the company a “neutral” rating in a research report on Friday, November 22nd. StockNews.com upgraded shares of Chesapeake Utilities from a “sell” rating to a “hold” rating in a research report on Friday, February 14th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $123.00.

Chesapeake Utilities Company Profile

Chesapeake Utilities Corporation operates as an energy delivery company. The company operates through two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida; and regulated electric distribution in northeast and northwest Florida.