Connecticut Water Service (NASDAQ: CTWS) is one of 15 publicly-traded companies in the “Water supply” industry, but how does it compare to its peers? We will compare Connecticut Water Service to similar companies based on the strength of its earnings, valuation, institutional ownership, dividends, analyst recommendations, risk and profitability.
Earnings and Valuation
This table compares Connecticut Water Service and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Connecticut Water Service||$113.85 million||$25.05 million||28.31|
|Connecticut Water Service Competitors||$722.21 million||$111.64 million||23.44|
This is a summary of current ratings and recommmendations for Connecticut Water Service and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Connecticut Water Service||0||2||0||0||2.00|
|Connecticut Water Service Competitors||87||225||253||13||2.33|
Connecticut Water Service currently has a consensus target price of $55.00, suggesting a potential downside of 14.05%. As a group, “Water supply” companies have a potential upside of 5.38%. Given Connecticut Water Service’s peers stronger consensus rating and higher possible upside, analysts plainly believe Connecticut Water Service has less favorable growth aspects than its peers.
This table compares Connecticut Water Service and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Connecticut Water Service||21.04%||9.62%||3.00%|
|Connecticut Water Service Competitors||10.39%||8.88%||2.64%|
Risk and Volatility
Connecticut Water Service has a beta of -0.06, meaning that its stock price is 106% less volatile than the S&P 500. Comparatively, Connecticut Water Service’s peers have a beta of 0.51, meaning that their average stock price is 49% less volatile than the S&P 500.
Insider & Institutional Ownership
46.9% of Connecticut Water Service shares are held by institutional investors. Comparatively, 49.3% of shares of all “Water supply” companies are held by institutional investors. 1.2% of Connecticut Water Service shares are held by insiders. Comparatively, 11.1% of shares of all “Water supply” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Connecticut Water Service pays an annual dividend of $1.19 per share and has a dividend yield of 1.9%. Connecticut Water Service pays out 52.7% of its earnings in the form of a dividend. As a group, “Water supply” companies pay a dividend yield of 2.1% and pay out 55.9% of their earnings in the form of a dividend. Connecticut Water Service has raised its dividend for 48 consecutive years.
Connecticut Water Service peers beat Connecticut Water Service on 10 of the 15 factors compared.
About Connecticut Water Service
Connecticut Water Service, Inc., together with its subsidiaries, operates as a regulated water company. The company operates through three segments: Water Operations, Real Estate Transactions, and Services and Rentals. The Water Operations segment supplies public drinking water. The Real Estate Transactions segment is involved in the sale or donation of its real estate holdings. The Services and Rentals segment provides contracted services to water and wastewater utilities, and other clients. Its services include contract operations of water and wastewater facilities; Linebacker, a service line protection plan for public drinking water customers; and providing bulk deliveries of emergency drinking water to businesses and residences through tanker trucks. This segment also leases and rents residential and commercial properties to third parties. As of December 31, 2017, the company supplied water to 135,645 customers in 80 municipalities in Connecticut and Maine, the United States. Connecticut Water Service, Inc. was founded in 1956 and is headquartered in Clinton, Connecticut.
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