Q3 EPS Forecast for Consolidated Water Raised by Analyst

Consolidated Water Co. Ltd. (NASDAQ:CWCO) – Investment analysts at Zacks Research increased their Q3 2027 earnings per share (EPS) estimates for Consolidated Water in a research note issued on Monday, May 25th. Zacks Research analyst Team now expects that the utilities provider will post earnings of $0.43 per share for the quarter, up from their previous forecast of $0.39. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Consolidated Water’s current full-year earnings is $0.97 per share.

A number of other brokerages have also recently weighed in on CWCO. Wall Street Zen cut Consolidated Water from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings upgraded Consolidated Water from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, May 12th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $40.00.

Consolidated Water Stock Up 0.1%

CWCO stock opened at $30.21 on Thursday. The business has a 50 day moving average price of $32.21 and a 200 day moving average price of $34.67. The stock has a market cap of $483.36 million, a price-to-earnings ratio of 33.57 and a beta of 0.54. Consolidated Water has a fifty-two week low of $26.71 and a fifty-two week high of $39.12.

Consolidated Water (NASDAQ:CWCO) last posted its earnings results on Monday, May 11th. The utilities provider reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.03). The business had revenue of $29.97 million for the quarter, compared to analysts’ expectations of $31.90 million. Consolidated Water had a return on equity of 7.81% and a net margin of 13.50%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Journey Strategic Wealth LLC raised its position in Consolidated Water by 3.1% in the third quarter. Journey Strategic Wealth LLC now owns 9,515 shares of the utilities provider’s stock worth $336,000 after acquiring an additional 289 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in Consolidated Water by 4.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 7,023 shares of the utilities provider’s stock worth $248,000 after acquiring an additional 304 shares in the last quarter. Commonwealth Equity Services LLC raised its position in Consolidated Water by 4.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,961 shares of the utilities provider’s stock worth $387,000 after acquiring an additional 422 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in Consolidated Water by 3.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 17,121 shares of the utilities provider’s stock worth $604,000 after acquiring an additional 571 shares in the last quarter. Finally, Ellsworth Advisors LLC raised its position in Consolidated Water by 2.6% in the fourth quarter. Ellsworth Advisors LLC now owns 23,557 shares of the utilities provider’s stock worth $885,000 after acquiring an additional 607 shares in the last quarter. Hedge funds and other institutional investors own 55.16% of the company’s stock.

Insider Transactions at Consolidated Water

In other Consolidated Water news, Director Maria Elena Giner acquired 3,310 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was purchased at an average price of $30.24 per share, for a total transaction of $100,094.40. Following the completion of the transaction, the director owned 3,310 shares of the company’s stock, valued at $100,094.40. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 6.25% of the company’s stock.

About Consolidated Water

Consolidated Water Co Ltd. is a developer, operator and manufacturer of water treatment and desalination systems. The company designs, engineers, builds and operates reverse-osmosis desalination plants and water treatment facilities, offering both turnkey project delivery and ongoing operations and maintenance services. Its product portfolio includes modular desalination units, water distribution systems, filtration membranes and associated equipment for potable water production.

Consolidated Water serves municipalities, resorts, commercial enterprises and private customers in the Caribbean and the southeastern United States.