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California Water Service Group (CWT) Competitors

$48.99
-1.30 (-2.59%)
(As of 05/28/2024 ET)

CWT vs. AWR, SJW, MSEX, SBS, WTRG, AVA, MGEE, NWE, PNM, and PAM

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), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), Essential Utilities (WTRG), Avista (AVA), MGE Energy (MGEE), NorthWestern Energy Group (NWE), PNM Resources (PNM), and Pampa Energía (PAM). 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 business? We will compare the two businesses based on the strength of their profitability, institutional ownership, community ranking, earnings, media sentiment, analyst recommendations, risk, dividends and valuation.

California Water Service Group presently has a consensus price target of $54.25, suggesting a potential upside of 10.74%. American States Water has a consensus price target of $80.00, suggesting a potential upside of 11.19%. Given American States Water's higher probable upside, analysts clearly believe American States Water is more favorable than California Water Service Group.

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

In the previous week, American States Water had 1 more articles in the media than California Water Service Group. MarketBeat recorded 10 mentions for American States Water and 9 mentions for California Water Service Group. American States Water's average media sentiment score of 0.95 beat California Water Service Group's score of 0.53 indicating that American States Water is being referred to more favorably in the news media.

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

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. 0.7% of California Water Service Group shares are held by insiders. Comparatively, 0.8% of American States Water shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

California Water Service Group has a beta of 0.47, meaning that its stock price is 53% less volatile than the S&P 500. Comparatively, American States Water has a beta of 0.43, meaning that its stock price is 57% less volatile than the S&P 500.

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 51.83% 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
51.83%
Underperform Votes
211
48.17%

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$794.63M3.56$51.91M$2.5019.60
American States Water$595.70M4.50$124.92M$3.0623.51

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 2.4%. California Water Service Group pays out 44.8% of its earnings in the form of a dividend. American States Water pays out 56.2% 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.

American States Water has a net margin of 19.95% compared to California Water Service Group's net margin of 15.42%. American States Water's return on equity of 13.65% 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 19.95%13.65%4.77%

Summary

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

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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$2.83B$4.21B$11.94B$17.68B
Dividend Yield2.23%2.39%4.19%3.53%
P/E Ratio19.6022.5290.4625.83
Price / Sales3.5613.2122.5610.26
Price / Cash16.5615.4123.1115.71
Price / Book1.982.651.845.08
Net Income$51.91M$191.74M$554.07M$975.92M
7 Day Performance-8.06%-6.12%-1.73%-1.61%
1 Month Performance2.21%4.51%3.81%4.32%
1 Year Performance-14.25%-9.55%4.07%23.08%

California Water Service Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AWR
American States Water
4.9031 of 5 stars
$77.79
+0.4%
$80.00
+2.8%
-17.7%$2.90B$595.70M25.42815Short Interest ↓
SJW
SJW Group
4.1646 of 5 stars
$59.49
+0.3%
$66.00
+10.9%
-27.3%$1.92B$670.36M22.36808Positive News
MSEX
Middlesex Water
3.8144 of 5 stars
$58.02
+2.4%
$58.00
0.0%
-31.9%$1.03B$166.27M28.72355
SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
2.9156 of 5 stars
$14.98
-1.4%
N/A+35.5%$10.38B$26.43B11.0111,170Short Interest ↓
Positive News
WTRG
Essential Utilities
4.5266 of 5 stars
$39.36
+0.2%
$43.00
+9.2%
-8.3%$10.77B$2.05B18.653,258Analyst Revision
AVA
Avista
2.2115 of 5 stars
$38.31
-0.1%
$35.00
-8.6%
-11.0%$3.00B$1.89B15.891,858Positive News
MGEE
MGE Energy
3.6586 of 5 stars
$82.28
+1.1%
$62.00
-24.6%
+7.7%$2.98B$690.43M24.78723Dividend Announcement
Analyst Forecast
NWE
NorthWestern Energy Group
1.9005 of 5 stars
$52.82
-0.1%
$51.86
-1.8%
-9.1%$3.24B$1.42B16.351,573Positive News
PNM
PNM Resources
4.2171 of 5 stars
$38.85
+0.8%
$44.75
+15.2%
-17.6%$3.48B$1.83B42.691,635
PAM
Pampa Energía
1.4722 of 5 stars
$47.27
-3.3%
$41.33
-12.6%
+24.6%$2.67B$1.66T6.051,924Analyst Forecast
News Coverage
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This page (NYSE:CWT) was last updated on 5/28/2024 by MarketBeat.com Staff

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