$53.49
1.60% yesterday
NYSE, Sep 27, 10:10 pm CET
ISIN
US1307881029
Symbol
CWT

California Water Service Group Target price 2024 - Analyst rating & recommendation

California Water Service Group Classifications & Recommendation:

Buy
67%
Hold
33%

California Water Service Group Price Target

Target Price $58.33
Price $53.49
Potential
Number of Estimates 3
3 Analysts have issued a price target California Water Service Group 2025 . The average California Water Service Group target price is $58.33. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 3 analysts: 2 Analysts recommend California Water Service Group to buy, 1 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the California Water Service Group stock has an average upside potential 2025 of . Most analysts recommend the California Water Service Group stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 794.63 1,020.90
6.12% 28.47%
EBITDA Margin 23.29% 36.43%
20.60% 56.42%
Net Margin 6.74% 19.02%
45.24% 182.32%

3 Analysts have issued a sales forecast California Water Service Group 2024 . The average California Water Service Group sales estimate is

$1.0b
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. This is
3.69% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.0b 6.52%
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, the lowest is
$992m 0.76%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $795m 6.12%
2024
$1.0b 28.47%
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2025
$963m 5.65%
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2026
$1.0b 5.42%
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2027
$1.1b 4.58%
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2028
$1.1b 5.46%
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1 Analyst has issued an EBITDA forecast California Water Service Group 2024 . The average California Water Service Group EBITDA estimate is

$372m
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. This is
6.74% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$372m 6.74%
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, the lowest is
$372m 6.74%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $185m 25.46%
2024
$372m 100.95%
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2025
$326m 12.40%
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2026
$364m 11.72%
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2027
$405m 11.26%
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2028
$448m 10.62%
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EBITDA Margin

2023 23.29% 20.60%
2024
36.43% 56.42%
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2025
33.82% 7.16%
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2026
35.84% 5.97%
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2027
38.14% 6.42%
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2028
40.00% 4.88%
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2 California Water Service Group Analysts have issued a net profit forecast 2024. The average California Water Service Group net profit estimate is

$194m
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. This is
9.27% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$200m 12.58%
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, the lowest is
$188m 5.96%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $53.5m 48.59%
2024
$194m 262.64%
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2025
$139m 28.64%
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2026
$148m 7.01%
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2027
$169m 14.29%
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2028
$182m 7.64%
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Net Margin

2023 6.74% 45.24%
2024
19.02% 182.32%
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2025
14.38% 24.40%
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2026
14.60% 1.53%
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2027
15.95% 9.25%
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2028
16.28% 2.07%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 0.91 3.30
48.59% 262.64%
P/E 16.21
EV/Sales 4.28

2 Analysts have issued a California Water Service Group forecast for earnings per share. The average California Water Service Group <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$3.30
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. This is
9.27% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$3.40 12.58%
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, the lowest is
$3.20 5.96%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $0.91 48.59%
2024
$3.30 262.64%
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2025
$2.36 28.48%
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2026
$2.52 6.78%
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2027
$2.88 14.29%
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2028
$3.10 7.64%
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P/E ratio

Current 17.69 57.57%
2024
16.21 8.37%
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2025
22.71 40.10%
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2026
21.23 6.52%
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2027
18.57 12.53%
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2028
17.25 7.11%
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Based on analysts' sales estimates for 2024, the California Water Service Group stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 4.43 9.59%
2024
4.28 3.49%
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2025
4.53 5.98%
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2026
4.30 5.14%
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2027
4.11 4.38%
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2028
3.90 5.18%
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P/S ratio

Current 3.20 9.10%
2024
3.08 3.56%
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2025
3.27 5.98%
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2026
3.10 5.14%
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2027
2.96 4.38%
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2028
2.81 5.18%
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