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, implying a possible profit of 4.97 percent. The minimum price target given 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. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. 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. Currently the stock is 26.66 percent higher than its low, and below the high by 8.03 percent. 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.