According to Zen Score, the 3 best water utility stocks to buy right now are:
1. Consolidated Water Co (NASDAQ:CWCO)
Consolidated Water Co (NASDAQ:CWCO) is the top water stock with a Zen Score of 58, which is 23 points higher than the water industry average of 35. It passed 21 out of 38 due diligence checks and has strong fundamentals. Consolidated Water Co has seen its stock return 45.82% over the past year, overperforming other water stocks by 66 percentage points.
2. Essential Utilities (NYSE:WTRG)
Essential Utilities (NYSE:WTRG) is the second best water stock with a Zen Score of 43, which is 8 points higher than the water industry average of 35. It passed 15 out of 38 due diligence checks and has strong fundamentals. Essential Utilities has seen its stock lose -15.57% over the past year, overperforming other water stocks by 4 percentage points.
Essential Utilities has an average 1 year
price target of $42.00, an upside of 14.94% from Essential Utilities's current stock price of $36.54.
Essential Utilities stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Essential Utilities, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Aris Water Solutions (NYSE:ARIS)
Aris Water Solutions (NYSE:ARIS) is the third best water stock with a Zen Score of 42, which is 7 points higher than the water industry average of 35. It passed 18 out of 38 due diligence checks and has strong fundamentals. Aris Water Solutions has seen its stock return 104.75% over the past year, overperforming other water stocks by 125 percentage points.
Aris Water Solutions has an average 1 year
price target of $14.00, a downside of -4.5% from Aris Water Solutions's current stock price of $14.66.
Aris Water Solutions stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Aris Water Solutions, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.