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.
CWT was given price targets by several analysts. The most optimistic analyst gave a price target of 35, which equates to a potential upside of -8.14 percent. The most pessimistic price target was 30, implying potential capital losses of -21.26 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. 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 -1.14 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of CWT to grow at a rate of 22.06 percent. Another measure frequently examined by investors is the 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, 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.
In the last 52-weeks, CWT has achieved a high of 39.65 and a low of 29.25. Today's price is 30.26 percent above the 52-week 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 market cap of CWT is $1.85 billion. CWT will post this quarters earnings in days, on 0000-00-00.