The leading market experts have placed a mean price target of $30.5000 on California Water Service Group Holding (NYSE:CWT) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.5800 a share for the upcoming quarter and $1.0300 for the current fiscal. Technical View The technical analysis of California Water Service Group plainly substantiates that the 50-day moving average of California Water Service Group is $32.4571, and stock is hovering 0.4630 or +1.4265% distant from $32.4571. It is noted that the 200-day MA is $27.7012, and California Water Service Group stock is $5.2189 or +18.8400% off from this point. California Water Service Group Holding (NYSE:CWT) 52-week high is $35.6200 and the 52-week low is $19.5500. This explains if the stock moves $-2.6999, it will post a 52-week high. In event of $+68.3893% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of California Water Service Group , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, California Water Service Group Holding (NYSE:CWT) ratio came in at 36.9889. The stock last ended the trading session at $32.9201 and registered a market cap of $1.58B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. California Water Service Group Holding (NYSE:CWT) PEG ratio is at 3.6100.
1 Chart Pattern Every Investor Should Know