Analyst Ratings for California Water Service Group (CWT)

Updated: 2017-07-27

An average rating of Hold has been given to California Water Service Group (NYSE:CWT) by analysts covering the stock. About 30 days ago, CWT was issued an average rating of Hold.

0 analysts declared CWT a buy, 0 gave an overweight rating, 6 gave a hold rating, 0 issued an underweight rating, and 2 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for CWT. The highest price target was 35, implying potential capital gains of -8.14 percent. The most pessimistic analyst gave a price target of 30, implying a possible loss of -21.26 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 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 -1.14 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of CWT's earnings is estimated by analysts to be 22.06 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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CWT is 1.64.

In the last 52-weeks, CWT has achieved a high of 39.65 and a low of 29.25. Currently the stock is 30.26 percent higher than its low, and 3.91 percent below the high. CWT has a P/E ratio of 36.19. Investors typically compare the P/E ratio to a company's peers in the industry. The CWT value stock report compares CWT to some of its peers using value stock charts. The market cap of CWT is $1.85 billion. CWT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.