California Water Service Group (CWT) Competitors

$47.93
-0.12 (-0.25%)
(As of 04/26/2024 ET)

CWT vs. AWR, SJW, MSEX, WTRG, MYRG, AVA, MGEE, PAM, CPK, and PRMW

Should you be buying California Water Service Group stock or one of its competitors? The main competitors of California Water Service Group include American States Water (AWR), SJW Group (SJW), Middlesex Water (MSEX), Essential Utilities (WTRG), MYR Group (MYRG), Avista (AVA), MGE Energy (MGEE), Pampa Energía (PAM), Chesapeake Utilities (CPK), and Primo Water (PRMW). These companies are all part of the "utilities" sector.

California Water Service Group vs.

California Water Service Group (NYSE:CWT) and American States Water (NYSE:AWR) are both mid-cap utilities companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, valuation, dividends, community ranking, earnings, risk, media sentiment, analyst recommendations and institutional ownership.

82.8% of California Water Service Group shares are held by institutional investors. Comparatively, 75.2% of American States Water shares are held by institutional investors. 0.9% of California Water Service Group shares are held by company insiders. Comparatively, 0.8% of American States Water shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

American States Water has lower revenue, but higher earnings than California Water Service Group. California Water Service Group is trading at a lower price-to-earnings ratio than American States Water, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
California Water Service Group$794.63M3.48$51.91M$2.5019.17
American States Water$595.70M4.37$124.92M$3.3720.74

In the previous week, California Water Service Group had 23 more articles in the media than American States Water. MarketBeat recorded 28 mentions for California Water Service Group and 5 mentions for American States Water. California Water Service Group's average media sentiment score of 0.67 beat American States Water's score of 0.09 indicating that California Water Service Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
California Water Service Group
7 Very Positive mention(s)
4 Positive mention(s)
10 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
American States Water
0 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

California Water Service Group pays an annual dividend of $1.12 per share and has a dividend yield of 2.3%. American States Water pays an annual dividend of $1.72 per share and has a dividend yield of 2.5%. California Water Service Group pays out 44.8% of its earnings in the form of a dividend. American States Water pays out 51.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

California Water Service Group received 50 more outperform votes than American States Water when rated by MarketBeat users. Likewise, 53.79% of users gave California Water Service Group an outperform vote while only 51.95% of users gave American States Water an outperform vote.

CompanyUnderperformOutperform
California Water Service GroupOutperform Votes
277
53.79%
Underperform Votes
238
46.21%
American States WaterOutperform Votes
227
51.95%
Underperform Votes
210
48.05%

California Water Service Group has a beta of 0.49, indicating that its share price is 51% less volatile than the S&P 500. Comparatively, American States Water has a beta of 0.43, indicating that its share price is 57% less volatile than the S&P 500.

California Water Service Group presently has a consensus target price of $54.25, indicating a potential upside of 13.19%. American States Water has a consensus target price of $77.00, indicating a potential upside of 10.14%. Given California Water Service Group's stronger consensus rating and higher possible upside, equities analysts clearly believe California Water Service Group is more favorable than American States Water.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
California Water Service Group
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
American States Water
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

American States Water has a net margin of 20.97% compared to California Water Service Group's net margin of 15.42%. American States Water's return on equity of 13.54% beat California Water Service Group's return on equity.

Company Net Margins Return on Equity Return on Assets
California Water Service Group15.42% 10.09% 3.31%
American States Water 20.97%13.54%4.75%

Summary

California Water Service Group beats American States Water on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CWT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CWT vs. The Competition

MetricCalifornia Water Service GroupWater supply IndustryUtilities SectorNYSE Exchange
Market Cap$2.76B$4.45B$11.95B$17.54B
Dividend Yield2.34%2.47%4.22%3.54%
P/E Ratio19.1719.7576.2921.81
Price / Sales3.4811.1519.6010.95
Price / Cash15.7815.0716.2617.84
Price / Book1.882.531.824.87
Net Income$51.91M$196.66M$591.69M$964.49M
7 Day Performance4.67%0.99%0.86%1.90%
1 Month Performance3.16%-5.43%-1.22%-3.71%
1 Year Performance-14.53%-5.62%-3.14%93.11%

California Water Service Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AWR
American States Water
4.6063 of 5 stars
$70.18
+1.8%
$77.00
+9.7%
-22.3%$2.61B$595.70M20.82815Short Interest ↑
SJW
SJW Group
3.6345 of 5 stars
$55.09
+1.8%
$66.00
+19.8%
-30.5%$1.77B$670.36M20.63808Dividend Announcement
Analyst Upgrade
News Coverage
MSEX
Middlesex Water
4.3517 of 5 stars
$48.24
+0.5%
$59.00
+22.3%
-33.6%$859.15M$166.27M27.41355Dividend Announcement
News Coverage
WTRG
Essential Utilities
4.9012 of 5 stars
$36.27
+1.0%
$43.00
+18.6%
-15.8%$9.92B$2.05B19.503,258Upcoming Earnings
Short Interest ↓
Analyst Revision
MYRG
MYR Group
2.1647 of 5 stars
$164.38
+2.8%
$170.75
+3.9%
+32.5%$2.68B$3.64B30.339,000Upcoming Earnings
AVA
Avista
2.954 of 5 stars
$35.56
+0.6%
$33.50
-5.8%
-20.3%$2.78B$1.75B15.951,858Upcoming Earnings
News Coverage
MGEE
MGE Energy
3.3165 of 5 stars
$78.21
+1.0%
$62.00
-20.7%
+1.1%$2.83B$690.43M24.06723Upcoming Earnings
News Coverage
Positive News
PAM
Pampa Energía
1.6932 of 5 stars
$45.10
-2.5%
$41.33
-8.4%
+28.5%$2.46B$1.73B8.241,907Short Interest ↑
CPK
Chesapeake Utilities
4.4851 of 5 stars
$105.67
0.0%
$107.00
+1.3%
-15.4%$2.35B$670.60M22.341,281Short Interest ↓
Positive News
PRMW
Primo Water
3.8975 of 5 stars
$18.74
+0.7%
$20.75
+10.7%
+25.7%$3.01B$1.77B12.586,400Analyst Downgrade
News Coverage

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This page (NYSE:CWT) was last updated on 4/28/2024 by MarketBeat.com Staff

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