California Water Service Stock Analysis
CWT Stock | USD 48.42 0.49 1.02% |
California Water Service is undervalued with Real Value of 50.5 and Target Price of 53.75. The main objective of California Water stock analysis is to determine its intrinsic value, which is an estimate of what California Water Service is worth, separate from its market price. There are two main types of California Water's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect California Water's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of California Water's stock to identify patterns and trends that may indicate its future price movements.
The California Water stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. California Water is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. California Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and California Water's ongoing operational relationships across important fundamental and technical indicators.
California |
California Stock Analysis Notes
About 90.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.79. Some equities with similar Price to Book (P/B) outperform the market in the long run. California Water Service has Price/Earnings To Growth (PEG) ratio of 2.7. The entity last dividend was issued on the 3rd of May 2024. The firm had 2:1 split on the 13th of June 2011. California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company was founded in 1926 and is headquartered in San Jose, California. California Water operates under UtilitiesRegulated Water classification in the United States and is traded on New York Stock Exchange. It employs 1182 people. For more info on California Water Service please contact Martin Kropelnicki at 408 367 8200 or go to https://www.calwatergroup.com.California Water Quarterly Total Revenue |
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California Water Service Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. California Water's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding California Water Service or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 90.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from finance.yahoo.com: Broker Revenue Forecasts For California Water Service Group Are Surging Higher |
California Water Service Upcoming and Recent Events
Earnings reports are used by California Water to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to California Water previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
6th of March 2024 Upcoming Quarterly Report | View | |
25th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
6th of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
California Largest EPS Surprises
Earnings surprises can significantly impact California Water's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2022-04-28 | 2022-03-31 | 0.03 | 0.02 | -0.01 | 33 | ||
2012-05-07 | 2012-03-31 | 0.04 | 0.03 | -0.01 | 25 | ||
2011-05-04 | 2011-03-31 | 0.04 | 0.03 | -0.01 | 25 |
California Water Thematic Classifications
In addition to having California Water stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Basic UtilitiesElectric, gas, water, and other energy utilities | ||
UtilitiesUSA Equities from Utilities industry as classified by Fama & French |
California Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as California Water is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading California Water Service backward and forwards among themselves. California Water's institutional investor refers to the entity that pools money to purchase California Water's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Amvescap Plc. | 2023-12-31 | 874.5 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 740.9 K | Deprince Race & Zollo Inc | 2023-12-31 | 670.6 K | Kbc Group Nv | 2023-12-31 | 654.3 K | First Trust Advisors L.p. | 2023-12-31 | 621.8 K | Bank Of New York Mellon Corp | 2023-12-31 | 621.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 613.6 K | Legal & General Group Plc | 2023-12-31 | 596.9 K | Norges Bank | 2023-12-31 | 551.6 K | Blackrock Inc | 2023-12-31 | 10.7 M | Vanguard Group Inc | 2023-12-31 | 7 M |
California Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.77 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate California Water's market, we take the total number of its shares issued and multiply it by California Water's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.California Profitablity
California Water's profitability indicators refer to fundamental financial ratios that showcase California Water's ability to generate income relative to its revenue or operating costs. If, let's say, California Water is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, California Water's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of California Water's profitability requires more research than a typical breakdown of California Water's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.15 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.36 %, which entails that for every 100 dollars of revenue, it generated $0.36 of operating income. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.01 | 0.01 | |
Return On Capital Employed | 0.01 | 0.01 | |
Return On Assets | 0.01 | 0.01 | |
Return On Equity | 0.04 | 0.03 |
Management Efficiency
California Water Service has Return on Asset of 0.0284 % which means that on every $100 spent on assets, it made $0.0284 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1034 %, implying that it generated $0.1034 on every 100 dollars invested. California Water's management efficiency ratios could be used to measure how well California Water manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.01 in 2024. Return On Capital Employed is likely to drop to 0.01 in 2024. At this time, California Water's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 4.9 B in 2024, whereas Change To Liabilities is likely to drop slightly above 269.3 K in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 25.05 | 26.30 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 24.10 | 25.30 | |
Enterprise Value Over EBITDA | 22.24 | 23.35 | |
Price Book Value Ratio | 2.07 | 1.73 | |
Enterprise Value Multiple | 22.24 | 23.35 | |
Price Fair Value | 2.07 | 1.73 | |
Enterprise Value | 945.2 M | 570 M |
The analysis of California Water's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze California Water's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of California Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0234 | Forward Dividend Yield 0.0234 | Forward Dividend Rate 1.12 | Beta 0.498 |
Technical Drivers
As of the 30th of April, California Water shows the Downside Deviation of 1.37, risk adjusted performance of 0.0489, and Mean Deviation of 1.19. California Water Service technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for California Water Service, which can be compared to its peers. Please confirm California Water Service downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if California Water Service is priced correctly, providing market reflects its regular price of 48.42 per share. Given that California Water has jensen alpha of 0.0014, we suggest you to validate California Water Service's prevailing market performance to make sure the company can sustain itself at a future point.California Water Service Price Movement Analysis
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. California Water middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for California Water Service. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
California Water Service Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific California Water insiders, such as employees or executives, is commonly permitted as long as it does not rely on California Water's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases California Water insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Shawn Bunting over a month ago Disposition of 203 shares by Shawn Bunting of California Water at 46.24 subject to Rule 16b-3 | ||
Shannon Dean over a month ago Disposition of 1327 shares by Shannon Dean of California Water at 45.53 subject to Rule 16b-3 | ||
Ronald Webb over six months ago Disposition of tradable shares by Ronald Webb of California Water subject to Rule 16b-3 | ||
Ronald Webb over six months ago Payment of 2024 shares by Ronald Webb of California Water subject to Rule 16b-3 | ||
Ronald Webb over a year ago Payment of tradable shares by Ronald Webb of California Water subject to Rule 16b-3 | ||
Ronald Webb over a year ago Payment of tradable shares by Ronald Webb of California Water subject to Rule 16b-3 | ||
Ronald Webb over a year ago Acquisition by Ronald Webb of 1457 shares of California Water subject to Rule 16b-3 |
California Water Predictive Daily Indicators
California Water intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of California Water stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 5401.85 | |||
Daily Balance Of Power | 0.7538 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 48.15 | |||
Day Typical Price | 48.24 | |||
Price Action Indicator | 0.52 | |||
Period Momentum Indicator | 0.49 |
California Water Corporate Filings
8K | 25th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 24th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
17th of April 2024 Other Reports | ViewVerify | |
8K | 9th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
18th of March 2024 Other Reports | ViewVerify | |
8K | 11th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 8th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 7th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
California Water Forecast Models
California Water's time-series forecasting models are one of many California Water's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary California Water's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About California Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how California Water prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling California shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as California Water. By using and applying California Stock analysis, traders can create a robust methodology for identifying California entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.06 | 0.05 | |
Operating Profit Margin | 0.08 | 0.07 | |
Net Profit Margin | 0.07 | 0.11 | |
Gross Profit Margin | 0.30 | 0.29 |
Current California Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. California analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. California analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
53.75 | Buy | 5 | Odds |
Most California analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand California stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of California Water Service, talking to its executives and customers, or listening to California conference calls.
California Stock Analysis Indicators
California Water Service stock analysis indicators help investors evaluate how California Water stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading California Water shares will generate the highest return on investment. By understating and applying California Water stock analysis, traders can identify California Water position entry and exit signals to maximize returns.
Begin Period Cash Flow | 85 M | |
Long Term Debt | 1.1 B | |
Common Stock Shares Outstanding | 57 M | |
Total Stockholder Equity | 1.4 B | |
Tax Provision | 2.2 M | |
Quarterly Earnings Growth Y O Y | 0.469 | |
Property Plant And Equipment Net | 3.8 B | |
Cash And Short Term Investments | 85 M | |
Cash | 85 M | |
Accounts Payable | 160.3 M | |
Net Debt | 1.2 B | |
50 Day M A | 46.1292 | |
Total Current Liabilities | 430.3 M | |
Other Operating Expenses | 732.7 M | |
Non Current Assets Total | 4.4 B | |
Forward Price Earnings | 20.4499 | |
Non Currrent Assets Other | 475.6 M | |
Stock Based Compensation | 3 M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in California Water Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for California Stock analysis
When running California Water's price analysis, check to measure California Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy California Water is operating at the current time. Most of California Water's value examination focuses on studying past and present price action to predict the probability of California Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move California Water's price. Additionally, you may evaluate how the addition of California Water to your portfolios can decrease your overall portfolio volatility.
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Is California Water's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of California Water. If investors know California will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about California Water listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.469 | Dividend Share 1.06 | Earnings Share 2.52 | Revenue Per Share 16.257 | Quarterly Revenue Growth 1.065 |
The market value of California Water Service is measured differently than its book value, which is the value of California that is recorded on the company's balance sheet. Investors also form their own opinion of California Water's value that differs from its market value or its book value, called intrinsic value, which is California Water's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because California Water's market value can be influenced by many factors that don't directly affect California Water's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between California Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if California Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California Water's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.