California Water Service Group (CWT) Competitors

$53.29
+0.04 (+0.08%)
(As of 05/17/2024 08:53 PM ET)

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

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), NorthWestern Energy Group (NWE), MGE Energy (MGEE), Primo Water (PRMW), and PNM Resources (PNM). These companies are all part of the "utilities" sector.

California Water Service Group vs.

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

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

Company Net Margins Return on Equity Return on Assets
American States Water19.95% 13.65% 4.77%
California Water Service Group 15.42%10.09%3.31%

American States Water pays an annual dividend of $1.72 per share and has a dividend yield of 2.2%. California Water Service Group pays an annual dividend of $1.12 per share and has a dividend yield of 2.1%. American States Water pays out 56.2% of its earnings in the form of a dividend. California Water Service Group pays out 44.8% 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 raised its dividend for 70 consecutive years and California Water Service Group has raised its dividend for 58 consecutive years. American States Water is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

75.2% of American States Water shares are owned by institutional investors. Comparatively, 82.8% of California Water Service Group shares are owned by institutional investors. 0.8% of American States Water shares are owned by company insiders. Comparatively, 0.7% of California Water Service Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

American States Water currently has a consensus target price of $80.00, indicating a potential upside of 2.18%. California Water Service Group has a consensus target price of $54.25, indicating a potential upside of 1.80%. Given California Water Service Group's higher probable upside, equities analysts plainly believe American States Water is more favorable than California Water Service Group.

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

In the previous week, California Water Service Group had 5 more articles in the media than American States Water. MarketBeat recorded 8 mentions for California Water Service Group and 3 mentions for American States Water. California Water Service Group's average media sentiment score of 1.07 beat American States Water's score of 0.41 indicating that American States Water is being referred to more favorably in the media.

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

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
American States WaterOutperform Votes
227
51.83%
Underperform Votes
211
48.17%
California Water Service GroupOutperform Votes
277
53.79%
Underperform Votes
238
46.21%

American States Water has higher earnings, but lower revenue 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
American States Water$595.70M4.89$124.92M$3.0625.59
California Water Service Group$794.63M3.87$51.91M$2.5021.32

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

Summary

American States Water beats California Water Service Group on 12 of the 21 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$3.08B$4.50B$12.69B$18.08B
Dividend Yield2.10%2.25%4.05%3.44%
P/E Ratio21.3224.5082.0126.21
Price / Sales3.8710.3621.7010.64
Price / Cash17.5416.1918.5319.24
Price / Book2.092.821.856.00
Net Income$51.91M$191.74M$602.74M$966.17M
7 Day Performance0.26%3.36%1.34%1.85%
1 Month Performance16.38%13.00%6.68%6.59%
1 Year Performance-2.44%-1.51%3.86%23.69%

California Water Service Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AWR
American States Water
4.6518 of 5 stars
$78.18
+0.3%
$80.00
+2.3%
-9.9%$2.91B$595.70M25.55815Positive News
SJW
SJW Group
3.5434 of 5 stars
$58.77
+1.2%
$66.00
+12.3%
-19.1%$1.89B$670.36M22.09808Positive News
MSEX
Middlesex Water
2.7189 of 5 stars
$57.38
-0.3%
$58.00
+1.1%
-24.0%$1.02B$168.64M28.41355
SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
0 of 5 stars
$15.36
+1.2%
N/A+49.9%$10.50B$5.12B17.8611,170News Coverage
WTRG
Essential Utilities
4.3395 of 5 stars
$39.22
+0.1%
$43.00
+9.6%
-1.4%$10.73B$2.05B18.593,258Positive News
AVA
Avista
2.8262 of 5 stars
$38.25
0.0%
$35.00
-8.5%
-9.5%$2.99B$1.75B15.871,858Positive News
NWE
NorthWestern Energy Group
2.2384 of 5 stars
$51.47
-0.8%
$51.71
+0.5%
-9.5%$3.15B$1.44B15.941,573Analyst Forecast
Positive News
MGEE
MGE Energy
3.9082 of 5 stars
$81.38
-0.2%
$62.00
-23.8%
+7.2%$2.94B$690.43M24.51723Positive News
PRMW
Primo Water
3.9826 of 5 stars
$21.21
+0.5%
$21.00
-1.0%
+56.6%$3.39B$1.77B13.176,400Analyst Upgrade
PNM
PNM Resources
4.1909 of 5 stars
$37.97
+0.1%
$46.80
+23.3%
-15.5%$3.42B$1.94B41.731,635

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This page (NYSE:CWT) was last updated on 5/20/2024 by MarketBeat.com Staff

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