Consolidated Water(CWCO)
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Consolidated Water (CWCO) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2025-03-06 00:00
Company Performance - Consolidated Water (CWCO) closed at $27.26, reflecting a +0.96% change from the previous day, underperforming the S&P 500's daily gain of 1.12% [1] - Over the past month, CWCO shares gained 1.35%, trailing the Utilities sector's gain of 1.79% and outperforming the S&P 500's loss of 4.13% [1] Upcoming Earnings - The upcoming earnings release for Consolidated Water is scheduled for March 17, 2025, which is anticipated to attract significant investor interest [2] - Recent changes to analyst estimates for the company indicate evolving short-term business trends, with positive revisions suggesting optimism about the business outlook [2] Analyst Ratings and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Consolidated Water at 3 (Hold) [4] - The Forward P/E ratio for Consolidated Water is 19.29, which is a discount compared to the industry average of 19.71 [5] - The PEG ratio for CWCO stands at 2.41, while the average PEG ratio for the Utility - Water Supply industry is 2.58 [5] Industry Overview - The Utility - Water Supply industry holds a Zacks Industry Rank of 88, placing it in the top 36% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
Reasons to Add Consolidated Water Stock to Your Portfolio Right Now
ZACKS· 2025-03-05 14:40
Core Viewpoint - Consolidated Water Co. Ltd. (CWCO) is positioned as a strong investment option in the utility sector due to its advanced water purification technology and promising growth opportunities [1] Growth Projections & Surprise History - The Zacks Consensus Estimate for 2025 earnings per share (EPS) has increased by 0.7% over the past 90 days to $1.40 [2] - The Zacks Consensus Estimate for 2025 sales is projected at $149.90 million, reflecting a year-over-year increase of 7.9% [2] - CWCO's long-term earnings growth rate is estimated at 8%, with an average earnings surprise of 2% over the past four quarters [2] Return on Equity - CWCO's return on equity (ROE) stands at 12.98%, surpassing the sector average of 9.86%, indicating more effective utilization of funds compared to peers [3] Debt Position & Liquidity - The company's total debt to capital ratio is 0.11%, significantly lower than the industry average of 47.49% [4] - CWCO's current ratio is 7.66, well above the industry's average of 0.9, demonstrating strong capability to meet short-term liabilities [4] Dividend History - CWCO has consistently paid dividends since 1997, with a current quarterly dividend of 11 cents per share, leading to an annualized dividend of 44 cents per share, a 15.8% increase from the previous 34 cents [5] - The current dividend yield is 1.63%, outperforming the Zacks S&P 500 composite's yield of 1.24% [5] Stock Price Performance - Over the past three months, CWCO has achieved a return of 5.1%, compared to the industry's average growth of 3.3% [6]
Consolidated Water Sets 2024 Full Year Investor Conference Call for Tuesday, March 18, 2025 at 11:00 a.m. ET
Globenewswire· 2025-03-03 13:31
Core Viewpoint - Consolidated Water Co. Ltd. will hold a conference call on March 18, 2025, to discuss its financial results for the year ended December 31, 2024 [1][2]. Company Overview - Consolidated Water Co. Ltd. is a leading designer, builder, and operator of advanced water supply and treatment plants, focusing on seawater desalination and water treatment facilities [3][4]. - The company operates in the Cayman Islands, The Bahamas, and the British Virgin Islands, and has recently entered the U.S. desalination market with a project in Hawaii [3]. Conference Call Details - The conference call is scheduled for March 18, 2025, at 11:00 a.m. Eastern time, with a toll-free dial-in number of 1-844-875-6913 and an international number of 1-412-317-6709 [2]. - A replay of the call will be available after 1:00 p.m. Eastern time on the same day through March 25, 2025 [3].
Consolidated Water Sets 2024 Full Year Investor Conference Call for Tuesday, March 18, 2025 at 11:00 a.m. ET
Newsfilter· 2025-03-03 13:31
Core Viewpoint - Consolidated Water Co. Ltd. will hold a conference call on March 18, 2025, to discuss its financial results for the year ended December 31, 2024 [1][2]. Company Overview - Consolidated Water Co. Ltd. is a leading designer, builder, and operator of advanced water supply and treatment plants, focusing on seawater desalination and water treatment facilities [3][4]. - The company operates in the Cayman Islands, The Bahamas, and the British Virgin Islands, and has recently entered the U.S. desalination market with a project in Hawaii [3]. Conference Call Details - The conference call is scheduled for March 18, 2025, at 11:00 a.m. Eastern time, with a toll-free dial-in number of 1-844-875-6913 and an international number of 1-412-317-6709 [2]. - A replay of the call will be available after 1:00 p.m. Eastern time on the same day through March 25, 2025 [3].
Consolidated Water to Attend the 37th Annual ROTH Conference, March 17-18, 2025
Globenewswire· 2025-03-03 13:00
Core Insights - Consolidated Water Co. Ltd. has been invited to the 37th Annual ROTH Conference in Dana Point, California, scheduled for March 16-18, 2025 [1] - The conference will include on-demand presentations, one-on-one meetings, industry panels, and fireside chats, attracting over 5,000 participants from various investment backgrounds [2] - CEO Rick McTaggart and EVP/COO Ramjeet Jerrybandan will engage in one-on-one meetings to discuss the company's operating results and growth drivers across its four business segments [3] - The company has increased its quarterly cash dividend by 15.8% to $0.11 per share starting in Q4 2024 [4] Company Overview - Consolidated Water Co. Ltd. specializes in developing and operating advanced water supply and treatment plants, including seawater desalination facilities in the Cayman Islands, The Bahamas, and the British Virgin Islands [6] - The company has recently entered the U.S. desalination market with a contract for a seawater desalination plant in Hawaii [6] - In addition to desalination, the company manufactures and services a variety of products and provides design, engineering, and management services for water production, supply, and treatment [7]
Has Consolidated Water (CWCO) Outpaced Other Utilities Stocks This Year?
ZACKS· 2025-02-27 15:46
Group 1: Company Overview - Consolidated Water (CWCO) is a notable stock within the Utilities group, which consists of 104 companies [2] - CWCO currently holds a Zacks Rank of 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [3] Group 2: Performance Analysis - Over the past year, CWCO has gained approximately 6.4%, outperforming the average Utilities sector gain of 4.4% [4] - In comparison to its specific industry, Utility - Water Supply, which has an average gain of 7.5%, CWCO is slightly underperforming [6] Group 3: Industry Context - The Utilities group is ranked 8 within the Zacks Sector Rank, which includes 16 different groups [2] - The Utility - Water Supply industry, to which CWCO belongs, is currently ranked 74 in the Zacks Industry Rank [6]
Consolidated Water's Cayman Islands Water Utility Receives New Water Production and Supply Concession from Cayman Islands Government
GlobeNewswire News Room· 2025-02-24 13:31
GEORGE TOWN, Cayman Islands, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, reported that its wholly owned subsidiary, Cayman Water Company, has received its new concession from the Cayman Islands government that grants it the continued exclusive rights to produce and supply potable water within its existing service area on Grand Cayman, the largest island of the Cayman ...
Consolidated Water's Cayman Islands Water Utility Receives New Water Production and Supply Concession from Cayman Islands Government
Newsfilter· 2025-02-24 13:31
Core Insights - Consolidated Water Co. Ltd. has received a new concession from the Cayman Islands government, granting exclusive rights to produce and supply potable water in its service area on Grand Cayman [1][4] - Cayman Water Company operates three seawater reverse osmosis desalination plants, producing approximately 4 million gallons per day for local residences and businesses, with increased retail water sales attributed to business and population growth [2][5] - The regulatory framework in the Cayman Islands requires Cayman Water to secure a concession before obtaining or renewing its operating license, with negotiations for the new license expected to commence shortly [3][4] Company Overview - Consolidated Water Co. Ltd. specializes in developing and operating advanced water supply and treatment plants, including seawater desalination facilities in the Cayman Islands, The Bahamas, and the British Virgin Islands [5][6] - The company has recently entered the U.S. desalination market with a contract for a seawater desalination plant in Hawaii, expanding its operational footprint [5] Regulatory Context - The Cayman Islands enacted regulatory changes in 2018, necessitating that Cayman Water obtain a concession prior to securing an operating license, which will involve a restructuring of previous operating terms [3][4] - The existing operating license, granted in 1990, will remain effective until the new license is issued by the utility regulator, OfReg [4]
CWCO vs. GWRS: Which Stock Is the Better Value Option?
ZACKS· 2025-02-13 17:46
Investors interested in stocks from the Utility - Water Supply sector have probably already heard of Consolidated Water (CWCO) and Global Water Resources, Inc. (GWRS) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks ...
Here's Why Consolidated Water (CWCO) Fell More Than Broader Market
ZACKS· 2025-02-13 00:01
Company Overview - Consolidated Water (CWCO) closed at $26.43, down 1.23% from the previous trading session, underperforming the S&P 500 which lost 0.27% [1] - Over the past month, CWCO shares gained 2.96%, lagging behind the Utilities sector's gain of 4.19% and the S&P 500's gain of 4.27% [1] Earnings and Analyst Projections - The upcoming earnings release of Consolidated Water is highly anticipated by investors [2] - Monitoring recent shifts in analyst projections is crucial, as positive estimate revisions indicate optimism about the company's business and profitability [2] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows that 1 stocks have returned an average of +25% annually since 1988 [4] - Consolidated Water currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate remaining stagnant over the past month [4] Valuation Metrics - Consolidated Water is trading at a Forward P/E ratio of 19.11, which is a discount compared to the industry average Forward P/E of 19.42 [5] - The company has a PEG ratio of 2.39, while the average PEG ratio for the Utility - Water Supply industry is 2.53 [5] Industry Context - The Utility - Water Supply industry, part of the broader Utilities sector, holds a Zacks Industry Rank of 78, placing it in the top 32% of over 250 industries [6] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [6]