What is Roth Capital's Estimate for Cadiz FY2025 Earnings?

Cadiz Inc. (NASDAQ:CDZI - Free Report) - Stock analysts at Roth Capital dropped their FY2025 earnings per share (EPS) estimates for shares of Cadiz in a research report issued to clients and investors on Thursday, May 22nd. Roth Capital analyst G. Sweeney now expects that the company will post earnings of $0.24 per share for the year, down from their previous forecast of $0.28. Roth Capital has a "Buy" rating and a $10.00 price objective on the stock. The consensus estimate for Cadiz's current full-year earnings is ($0.47) per share. Roth Capital also issued estimates for Cadiz's Q4 2025 earnings at $0.53 EPS.

Separately, Wall Street Zen upgraded shares of Cadiz to a "sell" rating in a research note on Wednesday, March 5th.

Cadiz Stock Up 4.8%

NASDAQ CDZI traded up $0.13 on Monday, reaching $2.85. The company had a trading volume of 305,346 shares, compared to its average volume of 401,637. The firm has a market capitalization of $233.35 million, a PE ratio of -5.59 and a beta of 1.77. Cadiz has a 1 year low of $2.13 and a 1 year high of $5.68. The firm has a 50-day moving average of $2.83 and a 200-day moving average of $3.82. The company has a debt-to-equity ratio of 3.88, a current ratio of 1.36 and a quick ratio of 0.87.

Cadiz (NASDAQ:CDZI - Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.03). The company had revenue of $2.95 million during the quarter, compared to analysts' expectations of $4.77 million. Cadiz had a negative return on equity of 93.78% and a negative net margin of 528.15%.

Hedge Funds Weigh In On Cadiz

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new position in Cadiz in the first quarter valued at about $41,000. Morton Capital Management LLC CA purchased a new position in shares of Cadiz during the 1st quarter valued at approximately $49,000. Corient Private Wealth LLC purchased a new position in shares of Cadiz during the 4th quarter valued at approximately $57,000. Ethic Inc. bought a new position in Cadiz during the 4th quarter valued at $57,000. Finally, Walleye Capital LLC bought a new position in Cadiz during the 4th quarter valued at $60,000. 79.75% of the stock is owned by hedge funds and other institutional investors.

Cadiz Company Profile

Cadiz Inc, together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources.