United Utilities Group (LON:UU) Releases Earnings Results

United Utilities Group (LON:UU) released its earnings results on Thursday. The company reported GBX 56.30 EPS for the quarter, Digital Look Earnings reports. United Utilities Group had a return on equity of 27.72% and a net margin of 22.43%. The firm had revenue of GBX 146.20 billion during the quarter.

United Utilities Group Price Performance

Shares of United Utilities Group stock opened at GBX 1,570 on Friday. The company has a current ratio of 2.55, a quick ratio of 1.13 and a debt-to-equity ratio of 512.65. The business’s 50-day simple moving average is GBX 1,438.84 and its two-hundred day simple moving average is GBX 1,369.55. The stock has a market capitalization of £10.75 billion, a PE ratio of 84.75, a PEG ratio of 0.69 and a beta of 0.58.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 1,350 price target on shares of United Utilities Group in a report on Thursday. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, United Utilities Group presently has an average rating of “Hold” and an average target price of GBX 1,448.

About United Utilities Group

United Utilities Group PLC provides water and wastewater services in the United Kingdom. It is involved in the renewable energy generation, corporate trustee, financing, and property management activities; and provision of consulting, and project management services. The company operates 43,000 kilometers of water pipes; and 79,000 kilometers of wastewater pipes. United Utilities Group PLC was incorporated in 2008 and is based in Warrington, the United Kingdom.