A share price of California Water Service Group [CWT] is currently trading at $44.75, up 1.94%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CWT shares have gain 3.42% over the last week, with a monthly amount drifted -7.73%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
California Water Service Group [NYSE: CWT] stock has seen the most recent analyst activity on January 07, 2025, when Wells Fargo upgraded its rating to a Overweight and also revised its price target to $52 from $56. Previously, BofA Securities started tracking the stock with Buy rating on December 11, 2024, and set its price target to $57. On July 31, 2024, upgrade upgraded it’s rating to Equal Weight and revised its price target to $57 on the stock. UBS upgraded its rating to a Neutral. Wells Fargo downgraded its rating to a Underweight and reduced its price target to $47 on October 25, 2023. Janney upgraded its rating to Buy for this stock on July 28, 2023, but kept the price target unchanged to $66. In a note dated June 28, 2023, Wells Fargo upgraded an Equal Weight rating on this stock and revised its target price from $58 to $56.
California Water Service Group experienced fluctuations in its stock price throughout the past year between $41.64 and $56.25. Currently, Wall Street analysts expect the stock to reach $52 within the next 12 months. California Water Service Group [NYSE: CWT] shares were valued at $44.75 at the most recent close of the market. An investor can expect a potential return of 16.2% based on the average CWT price forecast.
Analyzing the CWT fundamentals
Trailing Twelve Months sales for California Water Service Group [NYSE:CWT] were 1.03B which represents 17.49% growth. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.13 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.81.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 44.05 points at the first support level, and at 43.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.14, and for the 2nd resistance point, it is at 45.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for California Water Service Group [NYSE:CWT] is 0.64. Also, the Quick Ratio is 0.60, while the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 2.59, the price to book ratio is 1.63 and price to earnings (TTM) ratio is 12.95.
Transactions by insiders
Recent insider trading involved Luu Michael B, Sr. VP Corp Svcs & Chief Risk, that happened on Nov 22 ’24 when 985.0 shares were sold. Officer, Luu Michael B completed a deal on Nov 22 ’24 to buy 985.0 shares. Meanwhile, Director Krummel Thomas M sold 555.0 shares on Sep 04 ’24.
