Chesapeake Utilities (CPK) Expected to Announce Earnings on Wednesday

Chesapeake Utilities (NYSE:CPK) is expected to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect Chesapeake Utilities to post earnings of $1.67 per share and revenue of $237.84 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Chesapeake Utilities Stock Up 2.5 %

Chesapeake Utilities stock opened at $124.79 on Wednesday. Chesapeake Utilities has a fifty-two week low of $98.25 and a fifty-two week high of $134.20. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.32 and a current ratio of 0.38. The firm has a 50 day moving average price of $122.00 and a 200 day moving average price of $121.85. The company has a market capitalization of $2.84 billion, a PE ratio of 25.31 and a beta of 0.65.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CPK. StockNews.com upgraded shares of Chesapeake Utilities from a “sell” rating to a “hold” rating in a report on Friday, February 14th. Guggenheim lifted their target price on shares of Chesapeake Utilities from $118.00 to $129.00 and gave the company a “neutral” rating in a report on Friday, November 22nd. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Chesapeake Utilities presently has an average rating of “Hold” and an average price target of $123.00.

About Chesapeake Utilities

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.