Unitil (UTL) AI Stock Analysis

• Market Cap: $853.99M
• Dividend Yield: 3.45%
• Average Volume (3M): 69.56K
• Price to Earnings (P/E): 17.9
• Beta (1Y): 0.28
• Revenue Growth: -5.57%
• EPS Growth: -2.26%
• Country: US
• Employees: 565
• Sector: Utilities
• Sector Strength: 66
• Industry: Diversified Utilities
• EPS (TTM): 1.74
• Shares Outstanding: 16,260,239
• 10 Day Avg. Volume: 88,721
• 30 Day Avg. Volume: 69,555
• PEG Ratio: 1.94
• Price to Book (P/B): 1.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -33.66
• Enterprise Value/Market Cap: 1.67
• Enterprise Value/Revenue: 0.72
• Enterprise Value/Gross Profit: 8.70
• Enterprise Value/Ebitda: 2.11
• 1Y Price Target: $55.00
• Price Target Upside: 4.72% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 63 Neutral
• Price Target: $58.00 ▲(10.43%Upside)

Unitil's overall stock score reflects strong future growth potential through strategic acquisitions and reasonable valuation. However, financial performance concerns, including declining profitability and increased operating expenses, weigh on the score. Technical indicators suggest caution due to bearish momentum.

Unitil Business Overview & Revenue Model

Company Description

Unitil Corporation (UTL) is a public utility holding company that provides energy for residential, commercial, and industrial customers. Operating primarily in New England, Unitil's core services include electricity distribution, natural gas distribution, and utility-related services. The company is committed to delivering safe and reliable energy solutions and is actively involved in enhancing infrastructure to support sustainable energy practices.

How the Company Makes Money

Unitil makes money primarily through the sale and distribution of electricity and natural gas to its customers in New Hampshire, Massachusetts, and Maine. The company's revenue model is based on regulated utility operations, where rates are approved by state regulatory commissions, ensuring a stable and predictable income stream. Key revenue streams include residential, commercial, and industrial energy sales. The company also earns through infrastructure investments, which are often incentivized by regulatory frameworks that allow for adjustments in rates. Additionally, Unitil may engage in partnerships for energy efficiency programs and renewable energy projects, further contributing to its revenue.

Unitil Financial Statement Overview

Summary

Unitil's financial performance shows strong operational cash flows and a stable balance sheet, but challenges in profitability with zero net income and negative EBITDA for 2024. Continued investment is evident, indicating potential for future growth, yet immediate profitability improvements are necessary.

Income Statement

The income statement shows a declining revenue trend, with a notable dip in 2023. Gross profit margin was approximately 32.83% in 2023, indicating strong cost control. However, net income dropped to zero in 2024, raising concerns about profitability. Previously, EBIT and EBITDA margins were around 15.63% and 28.85% in 2023 respectively, showing efficient operations, but the recent zero EBIT and negative EBITDA indicate financial struggles.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 1.39 in 2023, suggesting some financial leverage but manageable levels. The equity ratio was 29.29%, indicating a stable asset base. However, the absence of data for 2024 limits a comprehensive assessment of recent financial health.

Cash Flow

Cash flow analysis shows a positive operating cash flow trend, with $125.9M in 2024. However, free cash flow remains negative due to high capital expenditures, suggesting heavy investment or expansion. The operating cash flow to net income ratio was robust in prior years, but net income concerns in 2024 need attention.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	486.90M	494.80M	557.10M	563.20M	473.30M	418.60M
Gross Profit	163.60M	196.60M	183.00M	169.00M	161.80M	149.80M
EBITDA	174.36M	174.90M	160.70M	143.50M	134.30M	123.30M
Net Income	47.40M	47.10M	45.20M	41.40M	36.10M	32.20M
Balance Sheet
Total Assets	1.89B	1.81B	1.67B	1.59B	1.54B	1.48B
Cash, Cash Equivalents and Short-Term Investments	10.20M	6.30M	6.50M	9.00M	6.50M	6.00M
Total Debt	821.20M	755.80M	681.60M	611.80M	570.10M	586.30M
Total Liabilities	1.36B	1.28B	1.18B	1.12B	1.09B	1.09B
Stockholders Equity	534.10M	512.50M	489.30M	467.60M	448.50M	389.20M
Cash Flow
Free Cash Flow	-30.90M	-44.00M	-34.00M	-24.40M	-7.20M	-46.90M
Operating Cash Flow	151.40M	125.90M	107.00M	97.70M	107.80M	75.70M
Investing Cash Flow	-253.50M	-169.90M	-141.00M	-122.10M	-115.00M	-122.60M
Financing Cash Flow	106.00M	43.80M	31.50M	26.90M	7.70M	47.70M

Unitil Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 52.52
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UTL, the sentiment is Negative. The current price of 52.52 is below the 20-day moving average (MA) of 52.54, below the 50-day MA of 54.49, and below the 200-day MA of 55.65, indicating a bearish trend. The MACD of -0.54 indicates Negative momentum. The RSI at 46.31 is Neutral, neither overbought nor oversold. The STOCH value of 62.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for UTL.

Unitil Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OTTR	73 Outperform	$3.34B	11.35	18.38%	2.64%	-2.68%	-3.73%
AVA	72 Outperform	$3.07B	16.23	7.25%	5.14%	3.14%	-2.66%
MGEE	69 Neutral	$3.29B	25.49	10.62%	2.02%	6.03%	6.15%
NWE	68 Neutral	$3.22B	13.65	8.27%	5.08%	4.31%	19.33%
Sector *	67 Neutral	$16.52B	17.14	4.47%	3.56%	4.76%	6.13%
UTL	63 Neutral	$853.99M	17.91	9.07%	3.45%	-5.57%	-2.26%
HE	50 Neutral	$1.89B	―	-67.93%	―	-7.58%	-819.97%

Unitil Corporate Events

Unitil Enters $50 Million Stock Distribution Agreement

On June 3, 2025, Unitil Corporation entered into a Distribution Agreement with Janney Montgomery Scott LLC and Scotia Capital (USA) Inc. to sell up to $50 million of its common stock through various methods, including at-the-market offerings. This agreement allows Unitil to strategically manage its capital needs and funding sources, potentially impacting its financial operations and market positioning. The company may also engage in forward stock purchase transactions, although it is not obligated to make any sales under this agreement. The arrangement provides flexibility in managing its stock sales and funding, which could influence its stakeholder engagements and future growth strategies.

The most recent analyst rating on (UTL) stock is a Hold with a $59.00 price target. To see the full list of analyst forecasts on Unitil stock, see the UTL Stock Forecast page.

Unitil Announces Acquisition of Aquarion Water Companies

On May 6, 2025, Unitil Corporation announced a definitive agreement to acquire Aquarion Water Company of Massachusetts, Aquarion Water Company of New Hampshire, and Abenaki Water Co. from the Aquarion Water Authority for $100 million, including assumed debt. This acquisition, expected to close in late 2025, will expand Unitil’s operations into water utilities, serving around 23,000 customers across Massachusetts and New Hampshire. The transaction is anticipated to be earnings accretive, supporting Unitil’s long-term growth strategy. The acquisition is subject to regulatory approvals and other customary closing conditions.

The most recent analyst rating on (UTL) stock is a Hold with a $52.00 price target. To see the full list of analyst forecasts on Unitil stock, see the UTL Stock Forecast page.

Unitil’s Annual Shareholders Meeting Highlights Growth

On April 30, 2025, Unitil Corporation will hold its Annual Meeting of Shareholders in Hampton, New Hampshire, where the CEO will present to shareholders. The company has demonstrated strong financial and operational performance, with record net income and top-ranked customer satisfaction. Unitil’s strategic focus on infrastructure investments and regulatory support positions it for sustainable growth and a compelling investor value proposition.