Consolidated Water(US:CWCO) ZACKSยท2024-07-23 23:20Company Overview - Consolidated Water (CWCO) is projected to have earnings of $1.34 per share and revenue of $144.05 million for the full year, reflecting year-over-year changes of -30.57% and -20.07% respectively [1] - The company's upcoming earnings per share (EPS) is estimated at $0.34, indicating a 27.66% decrease from the same quarter last year, with revenue forecasted at $36.94 million, a 16.49% decline compared to the prior year [8] Analyst Estimates and Market Performance - Recent adjustments to analyst estimates for Consolidated Water reflect shifting short-term business dynamics, with positive changes indicating a favorable outlook on the company's health and profitability [2] - The Zacks Consensus EPS estimate has increased by 0.25% over the last 30 days, and Consolidated Water currently holds a Zacks Rank of 2 (Buy) [10] Valuation Metrics - Consolidated Water has a PEG ratio of 2.64, compared to the Utility - Water Supply industry's average PEG ratio of 2.97, indicating a relatively favorable valuation in terms of expected earnings growth [3] - The company is currently traded at a Forward P/E ratio of 21.14, which is a discount compared to the industry average Forward P/E of 21.59 [11] Industry Context - The Utility - Water Supply industry holds a Zacks Industry Rank of 35, placing it in the top 14% of over 250 industries, suggesting strong performance potential [3][4] - Over the past month, CWCO shares have gained 11.79%, outperforming the Utilities sector's gain of 0.93% and the S&P 500's gain of 1.96% [7][6]