California Water Service Group (CWT) Stock Forecast, Price Target & Predictions


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CWT Stock Forecast


California Water Service Group (CWT) stock forecast, based on 3 Wall Street analysts, predicts a 12-month average price target of $52.00, with a high of $52.00 and a low of $52.00. This represents a 16.62% increase from the last price of $44.59.

$40 $44 $48 $52 $56 $60 High: $52 Avg: $52 Low: $52 Last Closed Price: $44.59

CWT Stock Rating


California Water Service Group stock's rating consensus is Buy, based on 3 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (66.67%), 1 Hold (33.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 3 1 2 0 Strong Sell Sell Hold Buy Strong Buy

CWT Forecast vs Benchmarks


TypeNameUpside
StockCalifornia Water Service Group16.62%
SectorUtilities Stocks11.08%

Price Target Trends


1M3M12M
# Anlaysts113
Avg Price Target$52.00$52.00$52.67
Last Closing Price$44.59$44.59$44.59
Upside/Downside16.62%16.62%18.12%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-42--6
Dec, 24-31--4
Nov, 24-26-19
Oct, 24226-111
Sep, 24226-111
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 07, 2025Jonathan ReederWells Fargo$52.00$44.3617.22%16.62%
Jul 31, 2024Jonathan ReederWells Fargo$57.00$53.326.90%27.83%
Apr 04, 2024Gregg OrrillUBS$49.00$45.976.59%9.89%
Nov 30, 2022UBS$67.00$63.076.23%50.26%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Jan 07, 2025Wells FargoEqual-WeightOverweightupgrade
Jul 31, 2024Wells FargoEqual-Weightupgrade
Jul 28, 2023Janney MontgomeryBuyupgrade
Nov 30, 2022UBSNeutralinitialise

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.97$1.96$1.77$0.91-----
Avg Forecast$1.80$2.01$1.67$1.94$2.97$2.34$2.56$2.87$3.10
High Forecast$1.76$1.96$1.61$1.88$2.61$2.32$2.48$2.83$2.98
Low Forecast$1.87$2.08$1.74$2.02$3.17$2.36$2.69$2.90$3.22
Surprise %9.44%-2.49%5.99%-53.09%-----

Revenue Forecast

$750M $840M $930M $1B $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$794.31M$790.91M$846.43M$794.63M-----
Avg Forecast$776.03M$813.31M$836.46M$872.37M$1.02B$990.15M$1.03B$1.09B$1.15B
High Forecast$759.76M$796.26M$812.65M$868.12M$1.01B$964.63M$1.03B$1.06B$1.12B
Low Forecast$795.92M$834.16M$860.78M$876.62M$1.05B$1.02B$1.03B$1.12B$1.18B
Surprise %2.36%-2.75%1.19%-8.91%-----

Net Income Forecast

$0 $40M $80M $120M $160M $200M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$96.83M$101.13M$96.01M$51.91M-----
Avg Forecast$102.85M$65.90M$75.97M$51.91M$164.77M$133.40M$147.36M$163.26M$176.65M
High Forecast$100.05M$51.51M$60.77M$41.53M$148.91M$132.25M$141.33M$161.26M$170.05M
Low Forecast$106.28M$80.30M$91.16M$62.29M$180.63M$134.55M$153.39M$165.25M$183.48M
Surprise %-5.85%53.45%26.39%------

CWT Forecast FAQ


Is California Water Service Group stock a buy?

California Water Service Group stock has a consensus rating of Buy, based on 3 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that California Water Service Group is a favorable investment for most analysts.

What is California Water Service Group's price target?

California Water Service Group's price target, set by 3 Wall Street analysts, averages $52 over the next 12 months. The price target range spans from $52 at the low end to $52 at the high end, suggesting a potential 16.62% change from the previous close price of $44.59.

How does California Water Service Group stock forecast compare to the average forecast of its sector, industry, and investment themes?

California Water Service Group stock forecast shows a 16.62% upside, outperforming the average forecast for the utilities stocks sector (11.08%).

What is the breakdown of analyst ratings for California Water Service Group over the past three months?

  • January 2025: 0% Strong Buy, 66.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 75.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 0% Strong Buy, 22.22% Buy, 66.67% Hold, 0% Sell, 11.11% Strong Sell.

What is California Water Service Group’s EPS forecast?

California Water Service Group's average annual EPS forecast for its fiscal year ending in December is 2.97 for 2024, a 226.37% increase from the reported $0.91 in 2023. The prediction for 2025 is $2.34, $2.56 for 2026, $2.87 for 2027, and $3.1 for 2028.

What is California Water Service Group’s revenue forecast?

California Water Service Group's average annual revenue forecast for its fiscal year ending in December is $1.02B for 2024, a 28.56% increase from the reported $794.63M in 2023. The forecast for 2025 is $990.15M, $1.03B for 2026, $1.09B for 2027, and $1.15B for 2028.

What is California Water Service Group’s net income forecast?

For its fiscal year ending in December, California Water Service Group's average annual net income forecast is $164.77M for 2024, reflecting an 217.41% increase from the reported $51.91M in 2023. The projection for 2025 is $133.4M, $147.36M for 2026, $163.26M for 2027, and $176.65M for 2028.