California Water Service Group (NYSE: CWT) is -5.21% lower on its value in year-to-date trading and has touched a low of $41.60 and a high of $56.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CWT stock was last observed hovering at around $46.24 in the last trading session, with the day’s loss setting it -0.43%.
Currently trading at $45.81, the stock is -0.79% and -3.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing -0.93% at the moment leaves the stock -5.06% off its SMA200. CWT registered 1.15% gain for a year compared to 6-month gain of 0.42%. The firm has a 50-day simple moving average (SMA 50) of $47.2778 and a 200-day simple moving average (SMA200) of $48.2721.
The stock witnessed a -1.72% loss in the last 1 month and extending the period to 3 months gives it a -5.55%, and is 0.99% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.17% over the week and 1.98% over the month.
California Water Service Group (CWT) has around 1278 employees, a market worth around $2.73B and $970.03M in sales. Current P/E ratio is 20.11 and Fwd P/E is 17.95. Profit margin for the company is 13.84%. Distance from 52-week low is 10.11% and -18.49% from its 52-week high. The company has generated returns on investments over the last 12 months (4.91%).
The EPS is expected to shrink by -28.49% this year
467.0 institutions hold shares in California Water Service Group (CWT), with institutional investors hold 91.71% of the company’s shares. The shares outstanding are 59.57M, and float is at 59.05M with Short Float at 1.42%. Institutions hold 91.12% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.32 million shares valued at $500.39 million. The investor’s holdings represent 17.7032 of the CWT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.15 million shares valued at $346.5 million to account for 12.2585 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 3.14 million shares representing 5.3861 and valued at over $152.24 million, while STATE STREET CORP holds 5.3681 of the shares totaling 3.13 million with a market value of $151.73 million.
California Water Service Group (CWT) Insider Activity
The most recent transaction is an insider sale by Snow Lester A, the company’s Director. SEC filings show that Snow Lester A sold 1,200 shares of the company’s common stock on Jun 12 ’25 at a price of $46.51 per share for a total of $55812.0. Following the sale, the insider now owns 26349.0 shares.
California Water Service Group disclosed in a document filed with the SEC on Nov 22 ’24 that Luu Michael B (Sr. VP Corp Svcs & Chief Risk) sold a total of 985 shares of the company’s common stock. The trade occurred on Nov 22 ’24 and was made at $51.50 per share for $50728.0. Following the transaction, the insider now directly holds 20354.0 shares of the CWT stock.
