Chunghwa Telecom Co. (CHT) Earning Somewhat Positive Press Coverage, Report Shows
Media coverage about Chunghwa Telecom Co. (NYSE:CHT) has been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Chunghwa Telecom Co. earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 46.1944184192548 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of brokerages recently weighed in on CHT. UBS AG downgraded shares of Chunghwa Telecom Co. from a “buy” rating to a “sell” rating in a report on Friday, May 12th. BidaskClub downgraded shares of Chunghwa Telecom Co. from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Finally, Zacks Investment Research upgraded shares of Chunghwa Telecom Co. from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a report on Monday, May 29th. Three research analysts have rated the stock with a sell rating and one has assigned a buy rating to the company. Chunghwa Telecom Co. presently has an average rating of “Hold” and an average price target of $40.00.
Shares of Chunghwa Telecom Co. (NYSE CHT) traded up 0.51% during trading on Friday, reaching $33.77. 78,758 shares of the company were exchanged. The company has a market capitalization of $26.20 billion, a PE ratio of 20.98 and a beta of 0.33. The firm’s 50 day moving average price is $34.58 and its 200 day moving average price is $34.28. Chunghwa Telecom Co. has a one year low of $31.28 and a one year high of $36.79.
Chunghwa Telecom Co. (NYSE:CHT) last issued its quarterly earnings data on Thursday, July 27th. The utilities provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.04. Chunghwa Telecom Co. had a return on equity of 10.26% and a net margin of 16.49%. The business had revenue of $1.84 billion for the quarter. Equities research analysts forecast that Chunghwa Telecom Co. will post $1.66 earnings per share for the current fiscal year.
The business also recently disclosed an annual dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, July 21st will be paid a dividend of $1.6294 per share. The ex-dividend date of this dividend is Wednesday, July 19th. This is a boost from Chunghwa Telecom Co.’s previous annual dividend of $1.33. This represents a yield of 4.57%. Chunghwa Telecom Co.’s dividend payout ratio (DPR) is 82.58%.
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Chunghwa Telecom Co. Company Profile
Chunghwa Telecom Co, Ltd. provides telecommunication services. The Company’s segments include Domestic fixed communications business, which is engaged in the provision of local telephone services, domestic long distance telephone services, broadband access and related services; Mobile communications business, which is engaged in the provision of mobile services, sales of mobile handsets and data cards, and related services; Internet business, which is engaged in the provision of HiNet services and related services; International fixed communications business, which includes international long distance telephone services, international leased line services, international data services, satellite services, and information and communication technology (ICT) and other international services, and Others, which is engaged in the provision of non-telecom services.
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