Unit Corp (NYSE:UNT) Sentiment Report

October 13, 2017 - By Linda Rogers

 Unit Corp (NYSE:UNT) Sentiment Report

Sentiment for Unit Corp (NYSE:UNT)

Unit Corp (NYSE:UNT) institutional sentiment decreased to 1.04 in 2017 Q2. Its down -0.31, from 1.35 in 2017Q1. The ratio is negative, as 82 institutional investors started new or increased equity positions, while 79 decreased and sold holdings in Unit Corp. The institutional investors in our partner’s database now possess: 47.97 million shares, up from 47.70 million shares in 2017Q1. Also, the number of institutional investors holding Unit Corp in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 34 Reduced: 45 Increased: 58 New Position: 24.

Unit Corporation is an oil and natural gas contract drilling company. The company has market cap of $1.04 billion. The Firm has activities in the exploration and production and mid-stream areas. It has a 474.24 P/E ratio. The Firm operates through three divisions: Oil and Natural Gas, Contract Drilling and Mid-Stream.

About 496,355 shares traded or 7.15% up from the average. Unit Corporation (NYSE:UNT) has risen 62.42% since October 13, 2016 and is uptrending. It has outperformed by 45.72% the S&P500.

Investors wait Unit Corporation (NYSE:UNT) to report on November, 2. its quarterly earnings Wall Street analysts expect $0.10 EPS, up $0.06 or 150.00 % from last year’s $0.04 same quarter earnings. This translates into $5.25M profit for UNT giving the stock a 49.55 P/E. This is assuming the current $0.10 EPS is accurate. Unit Corporation’s Wall Street analysts see 42.86 % EPS growth, taking into account the $0.07 EPS reproted in the previous quarter,

Van Den Berg Management I Inc holds 3.58% of its portfolio in Unit Corporation for 1.55 million shares. Guinness Asset Management Ltd owns 259,323 shares or 1.03% of their US portfolio. Moreover, Delphi Management Inc Ma has 0.86% invested in the company for 82,607 shares. The Wisconsin-based Morgan Dempsey Capital Management Llc has invested 0.51% in the stock. Heartland Advisors Inc, a Wisconsin-based fund reported 384,659 shares.#img1#

Unit Corporation (NYSE:UNT) Ratings Coverage

Ratings analysis reveals 71% of Unit’s analysts are positive. Out of 7 Wall Street analysts rating Unit, 5 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $20 while the high is $26. The stock’s average target of $23.50 is 18.57% above today’s ($19.82) share price. UNT was included in 16 notes of analysts from August 17, 2015. The stock of Unit Corporation (NYSE:UNT) has “Strong Buy” rating given on Friday, May 6 by Raymond James. Seaport Global reinitiated it with “Buy” rating and $22 target in Friday, June 24 report. KLR Group upgraded the stock to “Buy” rating in Friday, May 5 report. As per Tuesday, July 18, the company rating was maintained by Cowen & Co. The firm earned “Buy” rating on Thursday, December 17 by SunTrust. The company was downgraded on Thursday, May 26 by KLR Group. The stock has “Buy” rating by KLR Group on Wednesday, August 23. KLR Group downgraded Unit Corporation (NYSE:UNT) on Monday, November 21 to “Hold” rating. Iberia Capital Partners upgraded the stock to “Outperform” rating in Monday, August 17 report. The rating was maintained by Cowen & Co on Friday, September 15 with “Hold”.

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