Analyst Ratings for Connecticut Water Service Inc. (CTWS)Updated: 2017-07-28
Shares of Connecticut Water Service Inc. (NASDAQ:CTWS) have received a consensus rating of Hold from Wall Street analysts. CTWS had previously received a consensus rating of Hold a month ago.
A buy rating was issued by 0 analysts, 0 issued an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for CTWS. The most optimistic price target was 60, which equates to a potential upside of 4.97 percent. The most pessimistic price target was 53, implying potential capital losses of -7.28 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 4.41 percent. The average change in earnings estimates over the last 90 days is 4.41 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of CTWS's earnings is estimated by analysts to be 0.27 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CTWS is 97.67.
CTWS has traded between a high of 62.15 and a low of 45.13 over the past year. Today's price is 26.66 percent above the 52-week low, and 8.03 percent lower than its 52-week high. CTWS has a P/E ratio of 26.37. Investors typically compare the P/E ratio to a company's peers in the industry. The CTWS value stock report compares CTWS to some of its peers using value stock charts. The stock has a market capitalization of $0.66458 billion. CTWS's next earnings release will be on 0000-00-00, which is days away.