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California Water Service Group (CWT)

(Delayed Data from NYSE)

$55.14 USD

55.14
299,843

+1.26 (2.34%)

Updated Aug 2, 2024 04:00 PM ET

After-Market: $55.16 +0.02 (0.04%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value D Growth B Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 29% (179 out of 251)

Industry: Utility - Water Supply

Better trading starts here.

Zacks News

California Water (CWT) Q2 Earnings & Revenues Beat Estimates

California Water's (CWT) second-quarter 2024 earnings and revenues increase year over year. CWT continues to benefit from the 2021 General Rate Case decision.

California Water Service Group (CWT) Q2 Earnings and Revenues Surpass Estimates

California Water Service Group (CWT) delivered earnings and revenue surprises of 79.49% and 21.97%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

California Water (CWT) to Report Q2 Earnings: What to Expect

California Water's (CWT) Q2 results are likely to gain from the implementation of new water rates in its service territories. However, higher water production expenses, and increased depreciation and amortization expenses are likely to have hurt its earnings.

American Water (AWK) Unit to Invest $2.1M in Two Projects

American Water's (AWK) unit, New Jersey American Water, has decided to invest $2.1 million to upgrade aging water mains and continue to provide high-quality services to customers.

Essential Utilities' (WTRG) Unit Secures $77.5M Loan for Upgrade

Essential Utilities (WTRG) unit, Aqua Pennsylvania, secures $77.5 million from PENNVEST. The unit plans to invest this fund in infrastructure development over the next three years.

California Water (CWT) Files for Rate Hike, Plans to Invest $1.6B

California Water Service (CWT) unit Cal Water, files for a rate hike. The unit plans to invest $1.6 billion in infrastructure during the 2025-2027 period.

American Water (AWK) Unit to Invest $8.5M in a Water Project

American Water's (AWK) unit, New Jersey American Water, continues to upgrade the company's water infrastructure to maintain high-quality services for its customers.

Zacks Industry Outlook Highlights Essential Utilities, Primo Water, California Water Service and American States Water

Essential Utilities, Primo Water, California Water Service and American States Water have been highlighted in this Industry Outlook article.

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4 Stocks to Watch From the Prospering Water Supply Industry

Water Supply companies like WTRG, PRMW, CWT and AWR are poised to benefit from stable demand for water and wastewater services across the United States. Their systematic investments should enable them to serve customers efficiently.

Reasons to Add Essential Utilities (WTRG) to Your Portfolio Now

Essential Utilities (WTRG) makes a strong case for investment, given its expected earnings and sales growth prospects, rising demand for water and continuous investments to improve infrastructure.

Southern (SO), Singularity Partner for Energy Transparency

Southern (SO) and Singularity Energy join forces to reform energy consumption insights and drive transparency in the energy sector, marking a significant step toward a sustainable energy future.

The Zacks Analyst Blog Highlights California Water Service, Atmos Energy, Portland General Electric, Colgate-Palmolive and Utz Brands

California Water Service, Atmos Energy, Portland General Electric, Colgate-Palmolive and Utz Brands are included in this Analyst Blog.

Reasons to Add Primo Water (PRMW) to Your Portfolio Now

Primo Water (PRMW) makes a strong case for investment, given its earnings growth prospects, rising demand and highly liquid operations.

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4 Safe Stocks to Buy as Consumer Sentiment Hits 7-Month Low

Stocks like California Water Service Group (CWT), Atmos Energy Corporation (ATO), Portland General Electric Company (POR), Colgate-Palmolive Company (CL) and Utz Brands, Inc. (UTZ) are a safe bet during times of uncertainty.

American Water (AWK) Arm Files for Rate Hike After Two Years

American Water's (AWK) unit Missouri American Water files for a rate hike, which will allow to recoup investment made to upgrade its water and wastewater infrastructure.

Southern's (SO) Division Signs Landmark UESC With U.S. Army

Southern's (SO) unit, Georgia Power, signs a $72 million contract with Fort Eisenhower that enhances energy efficiency, reduces emissions and will cut costs by $6 million annually.

Reasons to Add IDACORP (IDA) to Your Portfolio Right Now

IDACORP (IDA) makes a strong case for investment, given its earnings growth prospects, impressive cost management and highly liquid operations.

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5 Low-Beta Stocks to Buy as Consumer Confidence Ebbs in June

Consumer confidence is sinking again due to economic uncertainties. Investing in low-beta defensive stocks like California Water Service, Portland General Electric Company (POR), MDU Resources (MDU), The Procter & Gamble Company (PG) and Ingredion (INGR) would be a safe bet.

American Water's (AWK) New Jersey Arm Buys Assets of Salem City

American Water (AWK) continues to expand its operations through the acquisition of water and wastewater systems of the City of Salem.

Reasons to Add California Water (CWT) to Your Portfolio Now

California Water (CWT) makes a strong case for investment, given its growth prospects, strong ROE, debt management and ability to increase shareholder value.

Primo Water (PRMW) to Merge With BlueTriton via Stock Deal

Primo Water (PRMW) plans to merge with a unit of BlueTriton Brands in an all-stock deal, which is likely to generate a synergy of $200 million.

The Zacks Analyst Blog Highlights Atmos Energy, Pinnacle West Capital, California Water Service, Utz Brands and PepsiCo

Atmos Energy, Pinnacle West Capital, California Water Service, Utz Brands and PepsiCo are part of the Zacks top Analyst Blog.

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4 Utility Stocks to Buy as Consumer Sentiment Hits 7-Month Low

Utility stocks like Pinnacle West Capital Corporation (PNW), Atmos Energy Corporation (ATO), California Water Service Group (CWT) and MDU Resources Group, Inc. (MDU) area safe bet during times of market uncertainty.

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5 Low-Beta Stocks to Buy as Fed Indicates One Rate Cut in 2024

Low-beta stocks from the utilities and consumer staples sectors like Atmos Energy Corporation (ATO), Pinnacle West Capital Corporation (PNW), California Water Service Group (CWT) Utz Brands, Inc. (UTZ) and PepsiCo, Inc. (PEP) are safe bets during times of volatility.

Consolidated Water (CWCO) Rides on Usage of Latest Technology

Consolidated Water (CWCO) uses the most advanced technology to serve customers more efficiently. It aims to expand operations through strategic alliances and acquisitions.