California Water Service Group (CWT)
NYSE: CWT · IEX Real-Time Price · USD
48.32
-0.05 (-0.10%)
Jul 2, 2024, 4:00 PM EDT - Market closed
CWT Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for CWT stock have an average target of 53.33, with a low estimate of 49 and a high estimate of 56. The average target predicts an increase of 10.37% from the current stock price of 48.32.
Analyst Consensus: Buy
* Price targets were last updated on Apr 26, 2024.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $52 → $55 | Buy | Maintains | $52 → $55 | +13.82% | Apr 26, 2024 |
| UBS | UBS | Strong Sell → Hold Upgrades $49 | Strong Sell → Hold | Upgrades | $49 | +1.41% | Apr 4, 2024 |
| Baird | Baird | Buy Maintains $56 → $52 | Buy | Maintains | $56 → $52 | +7.62% | 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 | +15.89% | Jun 28, 2023 |
Financial Forecast
Revenue This Year
1.01B
from 794.63M
Increased by 27.35%
Revenue Next Year
970.14M
from 1.01B
Decreased by -4.14%
EPS This Year
3.19
from 0.91
Increased by 250.73%
EPS Next Year
2.40
from 3.19
Decreased by -24.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.1B | 1.0B | 1.1B | 1.1B | 1.2B |
| Avg | 1.0B | 970.1M | 1.0B | 1.1B | 1.1B |
| Low | 962.4M | 922.2M | 980.0M | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.3% | 2.3% | 10.0% | 8.1% | 9.1% |
| Avg | 27.4% | -4.1% | 4.9% | 3.9% | 4.9% |
| Low | 21.1% | -8.9% | 1.0% | 0.9% | 1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.42 | 2.60 | 2.78 | 2.97 | 3.17 |
| Avg | 3.19 | 2.40 | 2.61 | 2.86 | 3.05 |
| Low | 3.00 | 2.21 | 2.49 | 2.77 | 2.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 276.2% | -18.4% | 16.0% | 13.7% | 10.9% |
| Avg | 250.7% | -24.8% | 8.9% | 9.4% | 6.7% |
| Low | 229.5% | -30.6% | 3.8% | 6.2% | 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.