Shares of Consolidated Water Co. Ltd. (NASDAQ:CWCO) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.
Brokerages have set a 12 month consensus target price of $15.00 for the company and are predicting that the company will post $0.18 earnings per share for the current quarter, according to Zacks. Zacks has also given Consolidated Water an industry rank of 131 out of 265 based on the ratings given to its competitors.
A number of equities analysts have issued reports on the company. Zacks Investment Research upgraded Consolidated Water from a “sell” rating to a “hold” rating in a report on Wednesday, December 6th. TheStreet upgraded 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 objective on Consolidated Water and gave the stock a “buy” rating in a report on Monday, November 13th.
Consolidated Water (NASDAQ:CWCO) traded down $0.02 on Friday, reaching $13.53. The company’s stock had a trading volume of 29,868 shares, compared to its average volume of 42,503. The company has a market capitalization of $201.17, a P/E ratio of 32.93, a price-to-earnings-growth ratio of 2.66 and a beta of 0.79. Consolidated Water has a twelve month low of $10.10 and a twelve month high of $13.95.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Shareholders of record on Monday, April 2nd will be issued a $0.085 dividend. The ex-dividend date of this dividend is Thursday, March 29th. This represents a $0.34 dividend on an annualized basis and a yield of 2.51%. Consolidated Water’s dividend payout ratio (DPR) is 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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