The leading market experts have placed a mean price target of $33.33 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 $0.21 a share for the upcoming quarter and $1.04 for the current fiscal.
The technical analysis of California Water Service Group plainly substantiates that the 50-day moving average of California Water Service Group is $32.22, and stock is trading $-1.91 points away or -5.93% from its 50-day moving average of $32.22. Further it is trading $0.81 or +2.73% away its 200-day moving average of $29.50. California Water Service Group Holding (NYSE:CWT) 52-week high is $35.62 and the 52-week low is $19.55.
This explains if the stock moves $-5.31, it will post a 52-week high. In event of +55.04% 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 32.95.
The stock last ended the trading session at $30.31 and registered a market cap of $1.45B. 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 3.24.
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