California Water Service Group

Company Profile

California Water Service Group had its IPO on 1990-03-26 under the ticker symbol CWT.

The company operates in the Utilities sector and Utilities-Regulated Water industry. California Water Service Group has a staff strength of 1,225 employees.

Stock update

Shares of California Water Service Group opened at $48.89 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $48.49 - $49.1, and closed at $48.65.

This is a -0.59% slip from the previous day's closing price.

A total volume of 168,253 shares were traded at the close of the day’s session.

In the last one week, shares of California Water Service Group have slipped by -2.89%.

California Water Service Group's Key Ratios

California Water Service Group has a market cap of $3.18 billion, indicating a price to book ratio of 2.7402 and a price to sales ratio of 4.1137.

In the last 12-months California Water Service Group’s revenue was $804.54 million with a gross profit of $429.45 million and an EBITDA of $233.98 million. The EBITDA ratio measures California Water Service Group's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, California Water Service Group’s operating margin was 14.38% while its return on assets stood at 1.92% with a return of equity of 5.83%.

In Q1, California Water Service Group’s quarterly earnings growth was a positive 439.1% while revenue growth was a negative 24.2%.

California Water Service Group’s PE and PEG Ratio

Forward PE

32.4675

Trailing PE

40.6214

PEG

2.7043

Its diluted EPS in the last 12-months stands at $1.4 per share while it has a forward price to earnings multiple of 32.4675 and a PEG multiple of 2.7043. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into California Water Service Group’s profitability.

California Water Service Group stock is trading at a EV to sales ratio of 5.5309 and a EV to EBITDA ratio of 18.3539. Its price to sales ratio in the trailing 12-months stood at 4.1137.

California Water Service Group stock pays annual dividends of $1.01 per share, indicating a yield of 1.85% and a payout ratio of 60%.

Balance sheet and cash flow metrics

Total Assets

$3.89 billion

Total Liabilities

$350.30 million

Operating Cash Flow

$-82082000.00

Capital Expenditure

$81.98 million

Dividend Payout Ratio

60%

California Water Service Group ended 2024 with $3.89 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.89 billion while shareholder equity stood at $1.30 billion.

California Water Service Group ended 2024 with $326.40 million in deferred long-term liabilities, $350.30 million in other current liabilities, 560000.00 in common stock, $520.03 million in retained earnings and $36.81 million in goodwill. Its cash balance stood at $52.29 million and cash and short-term investments were $52.29 million. The company’s total short-term debt was $133,300,000 while long-term debt stood at $1.05 billion.

California Water Service Group’s total current assets stands at $269.28 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $119.22 million compared to accounts payable of $120.20 million and inventory worth $13.29 million.

In 2024, California Water Service Group's operating cash flow was $-82082000.00 while its capital expenditure stood at $81.98 million.

Comparatively, California Water Service Group paid $0.60 in dividends in 2024.

Other key metrics

Current Trading Price

$48.65

52-Week High

$65.5502

52-Week Low

$47.6429

Analyst Target Price

$62.67

California Water Service Group stock is currently trading at $48.65 per share. It touched a 52-week high of $65.5502 and a 52-week low of $65.5502. Analysts tracking the stock have a 12-month average target price of $62.67.

Its 50-day moving average was $51.1 and 200-day moving average was $56.29 The short ratio stood at 2.36 indicating a short percent outstanding of 0%.

Around 88.7% of the company’s stock are held by insiders while 8464.3% are held by institutions.