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 maximum price target given was 60, implying potential capital gains of 4.97 percent. The most pessimistic analyst gave a price target of 53, implying a possible loss of -7.28 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 4.41 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.41 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of CTWS to grow at a rate of 0.27 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, 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, though it could be better to see where the ratio stands relative to peers in the industry. CTWS has a PEG ratio of 97.67.

CTWS has a 52-week high of 62.15 and a 52-week low of 45.13. Today's price is 26.66 percent above the 52-week low, and 8.03 percent below the high. 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.