Is California Water Stock a Good Investment?
California Water Investment Advice | CWT |
- Examine California Water's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research California Water's leadership team and their track record. Good management can help California Water navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Water Utilities space and any emerging trends that could impact California Water's business and its evolving consumer preferences.
- Compare California Water's performance and market position to its competitors. Analyze how California Water is positioned in terms of product offerings, innovation, and market share.
- Check if California Water pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about California Water's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in California Water Service stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if California Water Service is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine California Water Stock
Researching California Water's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 88.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.87. 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 12th of November 2024. The firm had 2:1 split on the 13th of June 2011.
To determine if California Water is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding California Water's research are outlined below:
| California Water generated a negative expected return over the last 90 days | |
| California Water has a strong financial position based on the latest SEC filings | |
| Over 88.0% of the company shares are held by institutions such as insurance companies | |
| On 22nd of November 2024 California Water paid $ 0.28 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: California Water Service Group VP Sells 50,727.50 in Stock |
California Water Quarterly Good Will |
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California Water uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in California Water Service. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to California Water's 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 |
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. Below are the table of largest EPS Surprises California Water's investors have experienced.
| 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 | ||
2010-04-28 | 2010-03-31 | 0.06 | 0.05 | -0.01 | 16 | ||
2002-04-24 | 2002-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2016-02-24 | 2015-12-31 | 0.2 | 0.18 | -0.02 | 10 | ||
2015-04-29 | 2015-03-31 | 0.01 | 0.03 | 0.02 | 200 | ||
2010-02-24 | 2009-12-31 | 0.18 | 0.16 | -0.02 | 11 |
Know California Water's Top 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 | Northern Trust Corp | 2024-09-30 | 865.5 K | Kbc Group Nv | 2024-06-30 | 718.3 K | Charles Schwab Investment Management Inc | 2024-09-30 | 711 K | Legal & General Group Plc | 2024-06-30 | 612.3 K | Cbre Investment Management Listed Real Assets Llc | 2024-09-30 | 612.3 K | Norges Bank | 2024-06-30 | 600.7 K | Bank Of New York Mellon Corp | 2024-06-30 | 572.4 K | Triodos Investment Management B.v. | 2024-09-30 | 448 K | Citadel Advisors Llc | 2024-09-30 | 373.8 K | Blackrock Inc | 2024-06-30 | 10.3 M | Vanguard Group Inc | 2024-09-30 | 7.4 M |
California Water's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 3.04 B.Market Cap |
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California Water's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.04 | 0.03 |
Determining California Water's profitability involves analyzing its financial statements and using various financial metrics to determine if California Water is a good buy. For example, gross profit margin measures California Water's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of California Water's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in California Water's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of California Water Service. Check California Water's Beneish M Score to see the likelihood of California Water's management manipulating its earnings.
Evaluate California Water's management efficiency
California Water Service has Return on Asset of 0.0375 % which means that on every $100 spent on assets, it made $0.0375 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1317 %, implying that it generated $0.1317 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 0.02 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 4.8 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 | 25.11 | 26.37 | |
| Tangible Book Value Per Share | 24.10 | 25.30 | |
| Enterprise Value Over EBITDA | 19.13 | 20.09 | |
| Price Book Value Ratio | 2.07 | 1.73 | |
| Enterprise Value Multiple | 19.13 | 20.09 | |
| Price Fair Value | 2.07 | 1.73 | |
| Enterprise Value | 945.2 M | 570 M |
Effective management at California Water has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Dividend Yield 0.0219 | Forward Dividend Yield 0.0219 | Forward Dividend Rate 1.12 | Beta 0.489 |
Basic technical analysis of California Stock
As of the 30th of November, California Water shows the Risk Adjusted Performance of (0.03), mean deviation of 0.9896, and Standard Deviation of 1.29. 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.California Water's 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.
California Water's Outstanding Corporate Bonds
California Water issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. California Water Service uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most California bonds can be classified according to their maturity, which is the date when California Water Service has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand California Water's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing California Water's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.21) | |||
| Mean Deviation | 0.9896 | |||
| Coefficient Of Variation | (2,269) | |||
| Standard Deviation | 1.29 | |||
| Variance | 1.66 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.22) | |||
| Maximum Drawdown | 6.56 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 1.88 | |||
| Skewness | (0.01) | |||
| Kurtosis | 0.3533 |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.21) | |||
| Mean Deviation | 0.9896 | |||
| Coefficient Of Variation | (2,269) | |||
| Standard Deviation | 1.29 | |||
| Variance | 1.66 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.22) | |||
| Maximum Drawdown | 6.56 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 1.88 | |||
| Skewness | (0.01) | |||
| Kurtosis | 0.3533 |
Consider California Water's intraday 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.
California Water Corporate Filings
F4 | 27th of November 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 |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
California Stock media impact
Far too much social signal, news, headlines, and media speculation about California Water that are available to investors today. That information is available publicly through California media outlets and privately through word of mouth or via California internal channels. However, regardless of the origin, that massive amount of California data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of California Water news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of California Water relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to California Water's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive California Water alpha.
California Water Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards California Water can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
California Water Service Historical Investor Sentiment
Investor biases related to California Water's public news can be used to forecast risks associated with an investment in California. The trend in average sentiment can be used to explain how an investor holding California can time the market purely based on public headlines and social activities around California Water Service. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
California Water's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for California Water and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average California Water news discussions. The higher the estimate score, the more favorable the investor's outlook on California Water.
California Water Corporate Directors
| Scott Morris | Independent Director | Profile | |
| Patricia Wagner | Independent Director | Profile | |
| Terry Bayer | Independent Director | Profile | |
| Lester Snow | Independent Director | Profile |
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.