Consolidated Water (CWCO) closed at $29.55 in the latest trading session, marking a +1.2% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 1.48%. On the other hand, the Dow registered a gain of 1.32%, and the technology-centric Nasdaq increased by 2.13%.
The developer and operator of desalination plants's shares have seen a decrease of 0.82% over the last month, surpassing the Utilities sector's loss of 2.52% and falling behind the S&P 500's gain of 0.19%.
Analysts and investors alike will be keeping a close eye on the performance of Consolidated Water in its upcoming earnings disclosure. The company's earnings report is set to go public on August 10, 2026. The company's earnings per share (EPS) are projected to be $0.22, reflecting a 31.25% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $35 million, reflecting a 4.18% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.95 per share and revenue of $133.59 million, indicating changes of -18.1% and +1.14%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Consolidated Water. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Consolidated Water presently features a Zacks Rank of #4 (Sell).
From a valuation perspective, Consolidated Water is currently exchanging hands at a Forward P/E ratio of 30.9. This denotes a premium relative to the industry average Forward P/E of 22.05.
The Utility - Water Supply industry is part of the Utilities sector. At present, this industry carries a Zacks Industry Rank of 211, placing it within the bottom 15% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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