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.

Many analysts weighed in on price targets for CWT. The highest price target was 35, implying potential capital gains of -8.14 percent. The most pessimistic price target 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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.

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, 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 made negative revisions to their fiscal year's estimates.

CWT has an estimated earnings growth rate of 22.06 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. 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 CWT is 1.64.

In the trailing 52-weeks, CWT hit 39.65 at the highest peak, while it's lowest trading point was 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 will post this quarters earnings in days, on 0000-00-00.