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 analyst gave a price target of 60, implying potential capital gains of 4.97 percent. The most pessimistic price target was 53, which equates to a potential downside of -7.28 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
CTWS has an estimated earnings growth rate of 0.27 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 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.
In the trailing 52-weeks, CTWS hit 62.15 at the highest peak, while it's lowest trading point was 45.13. The current market price is above the trailing year's low by 26.66 percent, and 8.03 percent below the 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.