Stock Market Watch

WGL Holdings – Issues upside guidance for FY12

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WGL Holdings, Inc. (NYSE:WGL). Last Market Price: 41.27, Change: -0.75, % Change: (-1.78%). Shares trade in the range of 40.49 – 42.92 dollars. It has a market capitalization of 2.12B dollars, making it a Mid Cap Stock and has 51.30M outstanding shares. The company has a beta of 0.29, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 2.37; P/E of 17.42 indicating, the stock to be overvalued or expected increase in company earnings. It operates in Utilities sector and belongs to Natural Gas Utilities industry. Percentage shares held by institutional investors is 62%. The company has a 52 week Price range (low – high) of $ 34.69 – 43.88. Average volumes of shares traded daily are 281,570. Volume traded in the last session was at 195,498, 0.69 times the average volume.

  • Reports Q4 (Sep)
    • Loss of $0.26 per share, better than the market estimates
    • Revenues fell 3.7% year on year to $448.1 million
  • Company issues upside guidance for FY12, sees EPS of $2.46-2.58

For Q2 (Jun ’11), It had a Net profit margin of 0.67%, an Operating margin of 3.11%. Other Key stats and ratios are : Return on average assets of 0.34%, Return on average equity of 0.94%. The organization has an employee strength of 1,399

Consensus Recommendation is a Hold.


Estimate for sales for the Year Ending Sep-11 show a mean of 2,780.84 million dollars, an estimate high of 2,851.32 million dollars and an estimate low of 2,752.40 million dollars. A year ago the figures stood at 2,230.75 million dollars.

Estimate for sales for the Year Ending Sep-12 show a mean of 2,922.66 million dollars, an estimate high of 3,246.38 million dollars and an estimate low of 2,804.40 million dollars. A year ago the figures stood at 2,131.94 million dollars.

Estimate for EPS for the Year Ending Sep-11 show a mean of 2.16 dollars, an estimate high of 2.23 dollars and an estimate low of 2.00 dollars. A year ago the figures stood at 2.35 dollars.

Estimate for EPS for the Year Ending Sep-12 show a mean of 2.46 dollars, an estimate high of 2.61 dollars and an estimate low of 2.35 dollars. A year ago the figures stood at 2.56 dollars.

Sales for Quarter Ending Jun-11 was estimated at 465.56 million dollars, however the actual sales figure stood at 490.28 million dollars, 24.72 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 1,082.96 million dollars, however the actual sales figure stood at 1,017.22 million dollars, 65.74 million dollars less than estimates.

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edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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