California Water Service Group (CWT)
NYSE: CWT · IEX Real-Time Price · USD
52.85
-0.44 (-0.83%)
May 20, 2024, 11:53 AM EDT - Market open
CWT Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for CWT stock have an average target of 53.33, with a low estimate of 49 and a high estimate of 56. The average target predicts an increase of 0.91% from the current stock price of 52.85.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CWT stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $52 → $55 | Buy | Maintains | $52 → $55 | +4.07% | Apr 26, 2024 |
| UBS | UBS | Strong Sell → Hold Upgrades $49 | Strong Sell → Hold | Upgrades | $49 | -7.28% | Apr 4, 2024 |
| Baird | Baird | Buy Maintains $56 → $52 | Buy | Maintains | $56 → $52 | -1.61% | Mar 1, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Jul 28, 2023 |
| Wells Fargo | Wells Fargo | Sell → Hold Upgrades $58 → $56 | Sell → Hold | Upgrades | $58 → $56 | +5.96% | Jun 28, 2023 |
Financial Forecast
Revenue This Year
946.60M
from 794.63M
Increased by 19.12%
Revenue Next Year
987.85M
from 946.60M
Increased by 4.36%
EPS This Year
2.45
from 0.91
Increased by 169.43%
EPS Next Year
2.41
from 2.45
Decreased by -1.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.0B | 1.1B | 1.1B | 1.1B | 1.2B |
| Avg | 946.6M | 987.9M | 1.0B | 1.1B | 1.1B |
| Low | 866.3M | 922.2M | 989.5M | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.1% | 14.3% | 15.2% | 5.2% | 9.1% |
| Avg | 19.1% | 4.4% | 5.9% | 1.1% | 4.9% |
| Low | 9.0% | -2.6% | 0.2% | -1.8% | 1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.26 | 2.57 | 2.78 | 2.97 | 3.17 |
| Avg | 2.45 | 2.41 | 2.60 | 2.86 | 3.05 |
| Low | 2.05 | 2.28 | 2.49 | 2.77 | 2.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 257.7% | 4.9% | 15.5% | 14.2% | 10.9% |
| Avg | 169.4% | -1.8% | 8.0% | 9.8% | 6.7% |
| Low | 125.1% | -6.9% | 3.3% | 6.6% | 3.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.