WGL Holdings Inc. (WGL) Releases FY14 Earnings Guidance
WGL Holdings Inc. (NYSE:WGL) issued an update on its FY14 earnings guidance on Thursday. The company provided earnings per share guidance of $2.15-2.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.32, Analyst Ratings Net reports.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of WGL Holdings from an underperform rating to a neutral rating in a research note to investors on Monday, January 20th. They now have a $39.30 price target on the stock. Finally, analysts at Brean Capital downgraded shares of WGL Holdings from a buy rating to a hold rating in a research note to investors on Thursday, November 14th. They now have a $46.00 price target on the stock. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. WGL Holdings currently has an average rating of Hold and a consensus price target of $43.08.
Shares of WGL Holdings Inc. (NYSE:WGL) opened at 36.2182 on Thursday. WGL Holdings Inc. has a 52 week low of $35.35 and a 52 week high of $46.96. The stock’s 50-day moving average is $38.59 and its 200-day moving average is $41.70. The company has a market cap of $1.876 billion and a price-to-earnings ratio of 23.15.
WGL Holdings (NYSE:WGL) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.12. Analysts expect that WGL Holdings Inc. will post $2.24 EPS for the current fiscal year.
WGL Holdings, Inc (NYSE:WGL) is a holding company.
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