Consolidated Water Co. Ltd. (NASDAQ:CWCO) has received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus price objective of $15.00 for the company and are forecasting that the company will post $0.18 EPS for the current quarter, according to Zacks. Zacks has also given Consolidated Water an industry rank of 195 out of 265 based on the ratings given to related companies.
A number of equities analysts have weighed in on CWCO shares. Zacks Investment Research downgraded shares of Consolidated Water from a “hold” rating to a “sell” rating in a research note on Monday, February 12th. TheStreet upgraded shares of Consolidated Water from a “c+” rating to a “b-” rating in a report on Friday, November 24th. Finally, Roth Capital set a $15.00 price target on shares of Consolidated Water and gave the company a “buy” rating in a report on Monday, November 13th.
Shares of Consolidated Water (NASDAQ:CWCO) traded down $0.10 during midday trading on Tuesday, hitting $12.90. 46,916 shares of the company’s stock were exchanged, compared to its average volume of 49,696. Consolidated Water has a fifty-two week low of $10.10 and a fifty-two week high of $13.95. The company has a market capitalization of $193.72, a P/E ratio of 31.46, a price-to-earnings-growth ratio of 2.56 and a beta of 0.75.
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 3rd were issued a dividend of $0.085 per share. This is a boost from Consolidated Water’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, January 2nd. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.64%. Consolidated Water’s dividend payout ratio is presently 82.93%.
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Consolidated Water Company Profile
Consolidated Water Co Ltd. develops and operates seawater desalination plants (that utilize reverse osmosis technology) and water distribution systems in areas where naturally occurring supplies of potable water are scarce or non-existent. The Company operates in three segments: retail water operations, bulk water operations and services operations.
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