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.

Several price targets were given for CWT by the analysts covering the stock. The maximum price target given was 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. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. If we look at the last 90 days instead, we find a net average change of -1.14 percent in FY estimates.

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, which can be compared to the 0 analysts that decreased their estimates. 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. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. CWT has a PEG ratio of 1.64.

In the last 52-weeks, CWT has achieved a high of 39.65 and a low of 29.25. The current market price is above the trailing year's low by 30.26 percent, and below the high by 3.91 percent. CWT has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.