SJW (SJW) Upgraded to Buy: Here's Why
SJW SJW (US:SJW) ZACKS·2025-04-15 17:00

Core Viewpoint - SJW has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for SJW suggest an improvement in the company's underlying business, likely leading to an increase in stock price [5][10]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7][9]. - Only the top 20% of Zacks-covered stocks receive a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [10]. Specifics on SJW - SJW is projected to earn $2.96 per share for the fiscal year ending December 2025, reflecting a year-over-year change of 0.3% [8]. - Over the past three months, the Zacks Consensus Estimate for SJW has increased by 0.4%, indicating a positive trend in earnings estimates [8].