Active Volume Stock: Vectren Corporation (VVC)

Lloyd Doyle
May 16, 2018

Vectren updated its FY18 guidance to $2.80-2.90 EPS. 727.68 million shares or 0.14% more from 726.69 million shares in 2017Q3 were reported. Vectren Corporation is given 0 buy-equivalent recommendations, 0 sells and 4 holds. Since November 20, 2017 according to StockzIntelligence Inc Vectren has 4 analyst reports. Exelon has $50.0 highest and $35.0 lowest target.

An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 1st.

Millennium Mgmt Ltd Llc stated it has 0.06% of its capital in Vectren Corporation (NYSE:VVC). The utilities provider reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.02). The firm had revenue of $711.00 million for the quarter, compared to analyst estimates of $620.00 million. Ticker's shares touched $70.27 during the last trading session after 0.19% change.Currently Vectren Corporation is uptrending after 8.94% change in last May 13, 2017. The firm's revenue was up 1.7% compared to the same quarter last year. equities research analysts predict that Vectren will post 2.86 earnings per share for the current fiscal year. During the same period past year, the business posted $0.84 EPS. The stock is showing 33.35% so far this year and moved 9.53% during recent week. The company rating was downgraded by Guggenheim on Tuesday, January 2. Wells Fargo set a $58.00 price objective on shares of Vectren and gave the company a "hold" rating in a research report on Tuesday, February 13th. Investors of record on Tuesday, May 15th will be issued a $0.45 dividend. The stock has a consensus rating of "Hold" and a consensus target price of $66.00. Analysts are turning out to be more optimistic than before, with 8 of analysts who cover Fastenal Company (NASDAQ:FAST) advice adding it to buy candidate list.

Analysts on average have given a price target of $64.5 to Vectren Corporation (VVC) stock. Pinnacle Advisory Gp Inc holds 0.02% in Exelon Corporation (NYSE:EXC) or 8,175 shares. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 0.96. Vectren has a 1 year low of $70.20 and a 1 year high of $70.46. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.49 and a current ratio of 0.61. Aurora Investment Counsel acquired a new position in shares of Vectren during the 4th quarter valued at $1,136,000. Macquarie Group Ltd. raised its holdings in Vectren by 7.8% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 419,824 shares of the utilities provider's stock valued at $27,297,000 after acquiring an additional 19,582 shares during the period. Dalton Greiner Hartman Maher & Co. increased its position in Vectren by 3.4% in the 4th quarter. The institutional investor owned 282,628 shares of the utilities provider's stock after selling 47,000 shares during the quarter. Dimensional Fund Advisors LP increased its position in Vectren by 1.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 55,401 shares of the utilities provider's stock valued at $3,602,000 after purchasing an additional 1,893 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its position in Vectren by 4.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,041,443 shares of the utilities provider's stock worth $67,715,000 after buying an additional 493,212 shares during the period. It also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related services and products.

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