Zacks Research Issues Pessimistic Estimate for CWCO Earnings

Consolidated Water Co. Ltd. (NASDAQ:CWCOFree Report) – Zacks Research dropped their Q1 2027 earnings estimates for Consolidated Water in a research note issued to investors on Tuesday, January 20th. Zacks Research analyst Team now anticipates that the utilities provider will post earnings of $0.42 per share for the quarter, down from their prior estimate of $0.43. The consensus estimate for Consolidated Water’s current full-year earnings is $1.27 per share. Zacks Research also issued estimates for Consolidated Water’s Q4 2027 earnings at $0.40 EPS.

Consolidated Water (NASDAQ:CWCOGet Free Report) last issued its quarterly earnings results on Monday, November 10th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.10. The firm had revenue of $35.12 million for the quarter, compared to analyst estimates of $32.90 million. Consolidated Water had a return on equity of 7.95% and a net margin of 12.90%.

A number of other equities research analysts have also weighed in on the company. Wall Street Zen upgraded Consolidated Water from a “hold” rating to a “buy” rating in a research note on Sunday, November 16th. Weiss Ratings upgraded Consolidated Water from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $40.00.

Check Out Our Latest Analysis on Consolidated Water

Consolidated Water Trading Up 2.2%

NASDAQ:CWCO opened at $37.65 on Thursday. The firm’s fifty day simple moving average is $35.37 and its 200 day simple moving average is $33.76. Consolidated Water has a twelve month low of $22.69 and a twelve month high of $38.36. The firm has a market capitalization of $599.76 million, a price-to-earnings ratio of 38.81 and a beta of 0.48.

Institutional Trading of Consolidated Water

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Consolidated Water by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 966,950 shares of the utilities provider’s stock worth $34,114,000 after purchasing an additional 13,951 shares in the last quarter. AltraVue Capital LLC increased its position in shares of Consolidated Water by 2.1% in the third quarter. AltraVue Capital LLC now owns 709,810 shares of the utilities provider’s stock worth $25,042,000 after acquiring an additional 14,400 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Consolidated Water by 18.9% during the second quarter. JPMorgan Chase & Co. now owns 637,378 shares of the utilities provider’s stock valued at $19,134,000 after acquiring an additional 101,434 shares during the period. Geode Capital Management LLC raised its holdings in shares of Consolidated Water by 1.1% during the second quarter. Geode Capital Management LLC now owns 433,685 shares of the utilities provider’s stock valued at $13,021,000 after acquiring an additional 4,711 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Consolidated Water by 6.9% in the 3rd quarter. Invesco Ltd. now owns 315,962 shares of the utilities provider’s stock valued at $11,147,000 after acquiring an additional 20,264 shares in the last quarter. Institutional investors and hedge funds own 55.16% of the company’s stock.

Insider Activity at Consolidated Water

In other Consolidated Water news, Director Wilmer F. Pergande sold 4,299 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $33.75, for a total transaction of $145,091.25. Following the completion of the transaction, the director directly owned 31,884 shares of the company’s stock, valued at approximately $1,076,085. This trade represents a 11.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Frederick W. Mctaggart sold 1,848 shares of Consolidated Water stock in a transaction on Monday, November 17th. The shares were sold at an average price of $35.76, for a total value of $66,084.48. Following the transaction, the chief executive officer owned 287,310 shares in the company, valued at approximately $10,274,205.60. This trade represents a 0.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,200 shares of company stock valued at $246,978 over the last quarter. Insiders own 6.25% of the company’s stock.

Consolidated Water Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 2nd will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, January 2nd. Consolidated Water’s dividend payout ratio is currently 57.73%.

Consolidated Water Company Profile

(Get Free Report)

Consolidated Water Co Ltd. is a developer, operator and manufacturer of water treatment and desalination systems. The company designs, engineers, builds and operates reverse-osmosis desalination plants and water treatment facilities, offering both turnkey project delivery and ongoing operations and maintenance services. Its product portfolio includes modular desalination units, water distribution systems, filtration membranes and associated equipment for potable water production.

Consolidated Water serves municipalities, resorts, commercial enterprises and private customers in the Caribbean and the southeastern United States.

See Also

Earnings History and Estimates for Consolidated Water (NASDAQ:CWCO)

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