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.

A number of analysts gave price targets for CWT. The most optimistic price target was 35, which equates to a potential upside of -8.14 percent. The minimum price target given was 30, implying potential capital losses 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of CWT to grow at a rate of 22.06 percent. People on Wall Street often look at a company's 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. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CWT is 1.64.

CWT has traded between a high of 39.65 and a low of 29.25 over the past year. Currently the stock is 30.26 percent higher than its low, and 3.91 percent lower than its 52-week 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 stock has a market capitalization of $1.85 billion. CWT will post this quarters earnings in days, on 0000-00-00.