Earnings results for Consolidated Water (NASDAQ:CWCO)
Consolidated Water Co. Ltd. is expected* to report earnings on 04/01/2021 before market open. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.13.
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, predicting that the stock has a possible upside of 4.09%. 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 forecasted upside of 4.1% from its current price of $13.45. Consolidated Water has received no research coverage in the past 90 days.
Dividend Strength: Consolidated Water (NASDAQ:CWCO)
Consolidated Water pays a meaningful dividend of 2.52%, 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 60.71% 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 5.07% of the stock of Consolidated Water is held by insiders. 50.18% 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 remain at $0.56 per share in the coming year. The P/E ratio of Consolidated Water is 24.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.89. The P/E ratio of Consolidated Water is 24.02, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 28.64. Consolidated Water has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued. Consolidated Water has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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