$50.97
1.57% yesterday
NYSE, Nov 15, 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 $58.00
Price $50.97
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 $58.00. 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 Billion $ 0.79 1.03
6.12% 29.39%
EBITDA Margin 23.29% 36.28%
20.60% 55.77%
Net Margin 6.81% 18.94%
45.24% 178.10%

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
0.09% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.1b 2.03%
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, the lowest is
$993m 3.51%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $795m 6.12%
2024
$1.0b 29.39%
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2025
$975m 5.21%
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2026
$1.0b 5.50%
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2027
$1.1b 5.91%
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2028
$1.1b 5.51%
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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

$373m
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. This is
3.49% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$373m 3.49%
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, the lowest is
$373m 3.49%
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.

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

EBITDA Estimates

2023 $185m 25.46%
2024
$373m 101.55%
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2025
$331m 11.26%
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2026
$379m 14.50%
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2027
$427m 12.66%
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2028
$472m 10.54%
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EBITDA Margin

2023 23.29% 20.60%
2024
36.28% 55.77%
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2025
33.96% 6.39%
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2026
36.86% 8.54%
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2027
39.21% 6.38%
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2028
41.08% 4.77%
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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

$195m
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. This is
5.35% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$199m 3.18%
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, the lowest is
$190m 7.52%
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.

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

Net Profit Estimates

2023 $54.1m 48.59%
2024
$195m 259.88%
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2025
$142m 27.33%
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2026
$153m 8.20%
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2027
$172m 12.62%
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2028
$184m 6.90%
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Net Margin

2023 6.81% 45.24%
2024
18.94% 178.10%
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2025
14.52% 23.34%
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2026
14.89% 2.55%
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2027
15.84% 6.38%
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2028
16.04% 1.26%
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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 3.28
48.59% 260.44%
P/E 15.56
EV/Sales 4.13

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

$3.28
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. This is
5.20% lower
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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
$3.35 3.18%
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, the lowest is
$3.20 7.51%
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.

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

Earnings Per Share

2023 $0.91 48.59%
2024
$3.28 260.44%
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2025
$2.38 27.44%
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2026
$2.58 8.40%
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2027
$2.90 12.40%
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2028
$3.10 6.90%
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P/E ratio

Current 14.75 78.31%
2024
15.56 5.49%
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2025
21.42 37.66%
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2026
19.79 7.61%
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2027
17.58 11.17%
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2028
16.44 6.48%
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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 4.12 18.09%
2024
4.13 0.13%
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2025
4.35 5.50%
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2026
4.13 5.22%
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2027
3.90 5.58%
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2028
3.69 5.22%
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P/S ratio

Current 2.95 18.66%
2024
2.95 0.09%
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2025
3.11 5.50%
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2026
2.95 5.22%
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2027
2.78 5.58%
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2028
2.64 5.22%
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