Chesapeake Utilities (CPK) to Release Earnings on Wednesday

Chesapeake Utilities (NYSE:CPK - Get Free Report) is expected to 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. Individual that are interested in registering for the company's earnings conference call can do so using this link.

Chesapeake Utilities Stock Performance

Shares of Chesapeake Utilities stock traded up $0.06 during trading hours on Friday, hitting $123.71. 104,271 shares of the company were exchanged, compared to its average volume of 74,140. Chesapeake Utilities has a 1 year low of $98.25 and a 1 year high of $134.20. The company has a current ratio of 0.38, a quick ratio of 0.32 and a debt-to-equity ratio of 0.87. The business has a 50-day moving average of $121.85 and a 200-day moving average of $121.88. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 25.09 and a beta of 0.65.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CPK shares. StockNews.com upgraded Chesapeake Utilities from a "sell" rating to a "hold" rating in a research report on Friday, February 14th. Guggenheim upped their target price on Chesapeake Utilities from $118.00 to $129.00 and gave the company a "neutral" rating in a report on Friday, November 22nd. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, Chesapeake Utilities currently has a consensus rating of "Hold" and a consensus target price 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.