Earnings and Growth Analysis : Consolidated Water (NASDAQ:CWCO)

0
170

Earnings results for Consolidated Water (NASDAQ:CWCO)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.12 and remained the same over the past month at 0.12. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 0.55 and remained the same over the past month at 0.55 . none raised and none lowered their forecast.

Consolidated Water last issued its quarterly earnings results on May 15th, 2020. The utilities provider reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.04. The business earned $20.73 million during the quarter, compared to analysts’ expectations of $17.50 million. Consolidated Water has generated $0.56 earnings per share over the last year and currently has a price-to-earnings ratio of 22.5. Consolidated Water has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, November 10th, 2020 based off prior year’s report dates.

Analyst Opinion on Consolidated Water (NASDAQ:CWCO)

1 Wall Street analysts have issued ratings and price targets for Consolidated Water in the last 12 months. Their average twelve-month price target is $14.00, suggesting that the stock has a possible upside of 11.20%. The high price target for CWCO is $14.00 and the low price target for CWCO is $14.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of “Hold.”

Consolidated Water has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $14.00, Consolidated Water has a potential upside of 11.2% from its current price of $12.59. Consolidated Water has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Consolidated Water (NASDAQ:CWCO)

Consolidated Water pays a meaningful dividend of 2.70%, higher than the bottom 25% of all stocks that pay dividends. Consolidated Water has only been increasing its dividend for 1 years. The dividend payout ratio of Consolidated Water is 60.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Consolidated Water will have a dividend payout ratio of 53.97% next year. This indicates that Consolidated Water will be able to sustain or increase its dividend.

Insiders buying/selling: Consolidated Water (NASDAQ:CWCO)

In the past three months, Consolidated Water insiders have not sold or bought any company stock. Only 4.79% of the stock of Consolidated Water is held by insiders. 57.49% of the stock of Consolidated Water is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Consolidated Water (NASDAQ:CWCO

Earnings for Consolidated Water are expected to grow by 14.55% in the coming year, from $0.55 to $0.63 per share. The P/E ratio of Consolidated Water is 22.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.42. The P/E ratio of Consolidated Water is 22.48, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 24.45. Consolidated Water has a PEG Ratio of 2.92. PEG Ratios above 1 indicate that a company could be overvalued. Consolidated Water has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

More latest stories: here