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.
CTWS was given price targets by several analysts. The highest price target was 60, implying a possible profit of 4.97 percent. The most pessimistic price target was 53, implying a possible loss of -7.28 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CTWS to grow at a rate of 0.27 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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 below the high by 8.03 percent. CTWS has a price/earnings 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 market cap of CTWS is $0.66458 billion. CTWS's next earnings release will be on 0000-00-00, which is days away.