Global Water Resources Inc

Company Profile

Global Water Resources Inc had its IPO on 2010-12-30 under the ticker symbol GWRS.

The company operates in the Utilities sector and Utilities-Regulated Water industry. Global Water Resources Inc has a staff strength of 94 employees.

Stock update

Shares of Global Water Resources Inc opened at $12.74 at the start of the last trading session i.e. 2023-03-22.

The stocks traded within a range of $12.35 - $12.74, and closed at $12.36.

This is a -2.98% slip from the previous day's closing price.

A total volume of 16,803 shares were traded at the close of the day’s session.

In the last one week, shares of Global Water Resources Inc have slipped by -1.24%.

Global Water Resources Inc's Key Ratios

Global Water Resources Inc has a market cap of $298.63 million, indicating a price to book ratio of 6.9213 and a price to sales ratio of 7.067.

In the last 12-months Global Water Resources Inc’s revenue was $44.73 million with a gross profit of $33.84 million and an EBITDA of $17.71 million. The EBITDA ratio measures Global Water Resources Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Global Water Resources Inc’s operating margin was 17.48% while its return on assets stood at 1.58% with a return of equity of 14.8%.

In Q4, Global Water Resources Inc’s quarterly earnings growth was a positive 145.6% while revenue growth was a positive 7.7%.

Global Water Resources Inc’s PE and PEG Ratio

Forward PE

52.356

Trailing PE

52.125

PEG

3.4827

Its diluted EPS in the last 12-months stands at $0.24 per share while it has a forward price to earnings multiple of 52.356 and a PEG multiple of 3.4827. 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 Global Water Resources Inc’s profitability.

Global Water Resources Inc stock is trading at a EV to sales ratio of 9.3112 and a EV to EBITDA ratio of 19.9895. Its price to sales ratio in the trailing 12-months stood at 7.067.

Global Water Resources Inc stock pays annual dividends of $0.295 per share, indicating a yield of 2.32% and a payout ratio of 41.38%.

Balance sheet and cash flow metrics

Total Assets

$323.09 million

Total Liabilities

$16.25 million

Operating Cash Flow

$-8755000.00

Capital Expenditure

$8.66 million

Dividend Payout Ratio

41.38%

Global Water Resources Inc ended 2023 with $323.09 million in total assets and $0 in total liabilities. Its intangible assets were valued at $323.09 million while shareholder equity stood at $44.39 million.

Global Water Resources Inc ended 2023 with $0 in deferred long-term liabilities, $16.25 million in other current liabilities, 239000.00 in common stock, $12.40 million in retained earnings and $4.96 million in goodwill. Its cash balance stood at $6.56 million and cash and short-term investments were $6.56 million. The company’s total short-term debt was $3,833,000 while long-term debt stood at $0.

Global Water Resources Inc’s total current assets stands at $14.16 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.14 million compared to accounts payable of $2.17 million and inventory worth $0.

In 2023, Global Water Resources Inc's operating cash flow was $-8755000.00 while its capital expenditure stood at $8.66 million.

Comparatively, Global Water Resources Inc paid $0.41 in dividends in 2023.

Other key metrics

Current Trading Price

$12.36

52-Week High

$16.9737

52-Week Low

$10.4897

Analyst Target Price

$17.5

Global Water Resources Inc stock is currently trading at $12.36 per share. It touched a 52-week high of $16.9737 and a 52-week low of $16.9737. Analysts tracking the stock have a 12-month average target price of $17.5.

Its 50-day moving average was $13.58 and 200-day moving average was $13.18 The short ratio stood at 2.72 indicating a short percent outstanding of 0%.

Around 5317.2% of the company’s stock are held by insiders while 2996.9% are held by institutions.