Chunghwa Telecom Co. (CHT) Earning Somewhat Favorable News Coverage, Analysis Shows
Headlines about Chunghwa Telecom Co. (NYSE:CHT) have been trending somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Chunghwa Telecom Co. earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave press coverage about the utilities provider an impact score of 46.2867301487099 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of equities analysts have issued reports on the company. UBS AG cut Chunghwa Telecom Co. from a “buy” rating to a “sell” rating in a report on Friday, May 12th. BidaskClub cut Chunghwa Telecom Co. from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Finally, Zacks Investment Research upgraded 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 equities research analysts have rated the stock with a sell rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $40.00.
Shares of Chunghwa Telecom Co. (CHT) traded up 0.82% during trading on Friday, reaching $34.39. The company’s stock had a trading volume of 130,085 shares. The company’s 50 day moving average price is $34.44 and its 200 day moving average price is $34.36. The firm has a market cap of $26.68 billion, a PE ratio of 21.36 and a beta of 0.33. Chunghwa Telecom Co. has a 12 month low of $31.28 and a 12 month high of $36.62.
Chunghwa Telecom Co. (NYSE:CHT) last released its quarterly earnings data on Thursday, July 27th. The utilities provider reported $0.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.04. The firm had revenue of $1.84 billion for the quarter. Chunghwa Telecom Co. had a return on equity of 10.26% and a net margin of 16.49%. On average, equities analysts predict that Chunghwa Telecom Co. will post $1.66 earnings per share for the current year.
The firm also recently declared an annual dividend, which will be paid on Friday, September 1st. Investors of record on Friday, July 21st will be issued a dividend of $1.6294 per share. This represents a yield of 4.57%. The ex-dividend date is Wednesday, July 19th. This is an increase from Chunghwa Telecom Co.’s previous annual dividend of $1.33. Chunghwa Telecom Co.’s payout ratio is currently 82.58%.
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About Chunghwa Telecom Co.
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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