The stock was down 1.56% to $40.28 at 9:42 a.m. on Wednesday.
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- VVC's revenue growth has slightly outpaced the industry average of 7.8%. Since the same quarter one year prior, revenues rose by 13.7%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- The stock has risen over the past year as investors have generally rewarded the company for its earnings growth and other positive factors like the ones we have cited in this report. The stock's price rise over the last year has driven it to a level which is somewhat expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels.
- VECTREN CORP's earnings per share improvement from the most recent quarter was slightly positive. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, VECTREN CORP reported lower earnings of $1.66 versus $1.93 in the prior year. This year, the market expects an improvement in earnings ($2.26 versus $1.66).
- The company, on the basis of net income growth from the same quarter one year ago, has significantly underperformed against the S&P 500 and did not exceed that of the Multi-Utilities industry. The net income increased by 2.8% when compared to the same quarter one year prior, going from $49.80 million to $51.20 million.
- Even though the current debt-to-equity ratio is 1.16, it is still below the industry average, suggesting that this level of debt is acceptable within the Multi-Utilities industry. Despite the fact that VVC's debt-to-equity ratio is mixed in its results, the company's quick ratio of 0.70 is low and demonstrates weak liquidity.
- You can view the full analysis from the report here: VVC Ratings Report