This Water Utility Stock Trades At A Discount Analyst
| CWT Stock | USD 44.48 0.27 0.60% |
Slightly above 103 percent of California Water's private investors are aggressively looking to sell. The analysis of overall sentiment of trading California Water Service stock suggests that a very large number of investors are panicking at this time. California Water's investing sentiment can be driven by a variety of factors including economic data, California Water's earnings reports, geopolitical events, and overall market trends.
California |
BofA Securities analyst initiates coverage on California Water with a Buy rating and 57 price target, highlighting its 17 percent upside potential and status as the cheapest US water utility amid strong competition and growing capital plans.
Read at benzinga.com
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California Water Fundamental Analysis
We analyze California Water's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of California Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of California Water based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Annual Yield
Annual Yield Comparative Analysis
California Water is currently under evaluation in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
California Water Service Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with California Water stock to make a market-neutral strategy. Peer analysis of California Water could also be used in its relative valuation, which is a method of valuing California Water by comparing valuation metrics with similar companies.
Peers
California Water Related Equities
| GWRS | Global Water | 0.76 | ||||
| AWK | American Water | 0.19 | ||||
| SJW | SJW Group | 0.10 | ||||
| CWCO | Consolidated Water | 0.15 | ||||
| WTRG | Essential Utilities | 0.37 | ||||
| ARTNA | Artesian Resources | 0.42 | ||||
| YORW | York Water | 0.60 | ||||
| AWR | American States | 0.81 | ||||
| MSEX | Middlesex Water | 0.91 |
Additional 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.