Media stories about Chunghwa Telecom Co. (NYSE:CHT) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Chunghwa Telecom Co. earned a news impact score of 0.23 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.4877453579536 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Chunghwa Telecom Co. (NYSE:CHT) traded up 0.06% during mid-day trading on Tuesday, hitting $33.86. The company’s stock had a trading volume of 81,783 shares. Chunghwa Telecom Co. has a 52-week low of $31.28 and a 52-week high of $36.88. The stock has a market cap of $26.27 billion, a P/E ratio of 20.77 and a beta of 0.33. The company’s 50 day moving average is $34.78 and its 200-day moving average is $34.25.
Chunghwa Telecom Co. (NYSE:CHT) last posted its earnings results on Thursday, July 27th. The utilities provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.04. The company 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 EPS for the current fiscal year.
The company also recently announced an annual dividend, which will be paid on Friday, September 1st. Investors of record on Friday, July 21st will be given a $1.6294 dividend. This is an increase from Chunghwa Telecom Co.’s previous annual dividend of $1.33. This represents a dividend yield of 4.57%. The ex-dividend date is Wednesday, July 19th. Chunghwa Telecom Co.’s payout ratio is currently 82.58%.
Several analysts have weighed in on CHT shares. BidaskClub cut Chunghwa Telecom Co. from a “buy” rating to a “hold” rating in a report on Wednesday, June 14th. Zacks Investment Research raised Chunghwa Telecom Co. from a “hold” rating to a “buy” rating and set a $40.00 price target on the stock in a report on Monday, May 29th. Finally, UBS AG cut Chunghwa Telecom Co. from a “buy” rating to a “sell” rating in a report on Friday, May 12th. Three investment analysts have rated the stock with a sell rating and one has issued a buy rating to the company. Chunghwa Telecom Co. currently has a consensus rating of “Hold” and a consensus price target of $40.00.
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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