California Water Service Group (CWT)
NYSE: CWT · Real-Time Price · USD
49.73
-0.41 (-0.82%)
Nov 4, 2024, 4:00 PM EST - Market closed
CWT Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for CWT stock have an average target of 53.67, with a low estimate of 49 and a high estimate of 57. The average target predicts an increase of 7.92% from the current stock price of 49.73.
Analyst Consensus: Hold
* Price targets were last updated on Jul 31, 2024.
Analyst Ratings
The average analyst rating for CWT stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell → Hold Upgrades $50 → $57 | Sell → Hold | Upgrades | $50 → $57 | +14.62% | Jul 31, 2024 |
| Baird | Baird | Buy Maintains $52 → $55 | Buy | Maintains | $52 → $55 | +10.60% | Apr 26, 2024 |
| UBS | UBS | Strong Sell → Hold Upgrades $49 | Strong Sell → Hold | Upgrades | $49 | -1.47% | Apr 4, 2024 |
| Baird | Baird | Buy Maintains $56 → $52 | Buy | Maintains | $56 → $52 | +4.56% | 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 |
Financial Forecast
Revenue This Year
1.03B
from 794.63M
Increased by 29.75%
Revenue Next Year
974.08M
from 1.03B
Decreased by -5.52%
EPS This Year
3.42
from 0.91
Increased by 276.25%
EPS Next Year
2.39
from 3.42
Decreased by -30.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1B | 1.0B | 1.1B | ||
| Avg | 1.0B | 974.1M | 1.0B | ||
| Low | 972.2M | 923.2M | 986.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 38.6% | 1.5% | 10.4% | ||
| Avg | 29.7% | -5.5% | 5.3% | ||
| Low | 22.3% | -10.5% | 1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.58 | 2.57 | 2.80 | ||
| Avg | 3.42 | 2.39 | 2.55 | ||
| Low | 3.30 | 2.25 | 2.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 293.5% | -24.9% | 17.1% | ||
| Avg | 276.3% | -30.1% | 6.3% | ||
| Low | 262.9% | -34.2% | -3.0% |
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.