How to Buy California Water Service Group Stock
California Water Service Group
California Water Service Group is a water company located in California, United States, which is part of the Utilities sector, and is traded under the ticker CWT on the NYSE exchange.
California Water Service Group stock last closed at $46.23, up 1.72% from the previous day, and has decreased 20.32% in one year. It has overperformed other stocks in the Utilities - Regulated Water industry by 0 percentage points. California Water Service Group stock is currently +6.28% from its 52-week low of $43.50, and -20.74% from its 52-week high of $58.33.
As of Apr 23, 2024, there are 57.68M shares of CWT outstanding. The market capitalization of CWT is $2.67B. In the past 24 hours, 584,330 CWT shares were traded.
How to Buy California Water Service Group Stock
Wondering how to invest in California Water Service Group stock? Here's how.
- Decide where to buy California Water Service Group stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy California Water Service Group stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your method of payment and add your info.
- Analyze California Water Service Group stock: The California Water Service Group ticker symbol is CWT. Is California Water Service Group stock a good investment? Should you buy shares of CWT? How do CWT's underlying business fundamentals look? Do top analysts think California Water Service Group is a good buy? Why has CWT's stock price moved recently? (Hint: Our stock research tools can help you figure out if CWT is a good stock to buy).
- Place your CWT purchase: Decide if you will purchase CWT shares at the current market price or use a limit order to buy CWT stock at a specific price.
- Track your CWT position: Create a watchlist to keep tabs on your position in California Water Service Group shares.
Step 1: Decide where to buy California Water Service Group stock
You will need a brokerage account to access the NYSE market and buy CWT stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
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Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can invest in CWT stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on the best stock trading app, your next step is to transfer the money for your investment:
Watch the video below for more details depositing money into your investment account.
Step 4: Analyze California Water Service Group stock
After you have selected the best place to buy California Water Service Group stock, it's critical to analyze their stock before you invest, so you actually comprehend the risk as well as the upside.
California Water Service Group quick stats
CWT Fundamentals
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on CWT's stock page.
What is the fair value of CWT stock?
Analysts use many financial metrics, analyses, models, and charts to gauge CWT's intrinsic value.
Using relative valuations metrics:
- CWT could be overvalued based on its P/E ratio of 50.8x, relative to Utilities - Regulated Water industry P/E ratio of 23.1x
- CWT could be undervalued based on its P/B ratio of 1.87x, relative to Utilities - Regulated Water industry P/B ratio of 2.1x
- CWT may be overvalued based on its PEG ratio of 1.07x
You can do additional valuation research on CWT's stock here.
CWT Financial Overview
Positive Financial Indicators:
- Total CWT debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- CWT profit margin has gone down from 11.3% to 6.5% in the past year.
- There are more long-term liabilities than short-term assets on the CWT balance sheet.
- CWT has a relatively high debt to equity ratio of 2.22.
- CWT has cash burn of 165930000. It does not have enough cash and short-term investments to cover this.
- CWT has $84.97M in cash and short term investments. This is not enough to cover its annual cash burn of $165.93M.
- There are more short-term liabilities than short-term assets on the CWT balance sheet.
Is it a good time to buy CWT stock, according to analysts?
Out of 2 Equities analysts who give forecasts on CWT, the consensus analyst rating on California Water Service Group is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the California Water Service Group stock forecast page.
Metrics for Advanced CWT Traders
CWT Performance Metrics
Last year, CWT earnings were $51.91M. During the last five year, CWT's earnings have gone up by -7.72% per year. This was slower than the Utilities - Regulated Water industry average of 9.48%.
Last year, CWT revenue was $794.63M. During the past five year, CWT's revenue has grown by 2.62% per year. This was slower than the Utilities - Regulated Water industry average of 6.94%.
Dig into CWT's earnings and revenue performance here.
Who is buying/selling CWT?
In the past year, executives and large shareholders at CWT have bought more shares than they have sold.
Shawn C. Bunting, Sr VP GC Business Develop of CWT, was the latest CWT insider to sell. They sold $9,386.72 worth of CWT shares on Mar 7, 2024.
Get more info about who owns CWT stock here.
Can I rely on CWT as an income stream?
California Water Service Group pays a dividend of 2.29%, compared to the Utilities - Regulated Water industry's average dividend yield of 2.45%. If you owned $1,000 of CWT stock, you would have received $22.93 in the past year.
California Water Service Group dividend payments have consistently grown over the past decade and have remained stable.
Find more info about California Water Service Group dividend yield and history here.
Get analysis from other traders
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your CWT purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.
Click the Open button and eToro will place your order.
If you need additional info about buying stocks on eToro, click the how to video below:
Step 6: Track your CWT position
Now that you own some shares in CWT, you'll want to stay up-to-date on your stock purchase.
Put CWT on a watchlist to track the latest developments regarding your CWT stock.
CWT Feed
How to Buy Stock in California Water Service Group
To reiterate, here are the 6 steps to buy stock in California Water Service Group:
- Decide where to buy California Water Service Group stock
- Open a brokerage account
- Fund your brokerage account
- Analyze California Water Service Group stock
- Place your CWT purchase
- Track your CWT position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your investment in California Water Service Group, hit the button below to create your watchlist.
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