According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best water utility stocks to buy right now are:
1. Artesian Resources (NASDAQ:ARTNA)
The Component Grade breakdown for Artesian Resources (NASDAQ:ARTNA) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.
Artesian Resources (NASDAQ:ARTNA) has a Due Diligence Score of 39, which is 2 points higher than the water industry average of 37.
ARTNA passed 13 out of 38 due diligence checks and has average fundamentals. Artesian Resources has seen its stock lose -9.95% over the past year, underperforming other water stocks by -14 percentage points.
2. Aris Water Solutions (NYSE:ARIS)
The Component Grade breakdown for Aris Water Solutions (NYSE:ARIS) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Aris Water Solutions (NYSE:ARIS) has a Due Diligence Score of 49, which is 12 points higher than the water industry average of 37.
ARIS passed 20 out of 38 due diligence checks and has strong fundamentals. Aris Water Solutions has seen its stock return 51.51% over the past year, overperforming other water stocks by 47 percentage points.
Aris Water Solutions has an average 1 year
price target of $26.67, an upside of 13.33% from Aris Water Solutions's current stock price of $23.53.
Aris Water Solutions stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Aris Water Solutions, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Consolidated Water Co (NASDAQ:CWCO)
The Component Grade breakdown for Consolidated Water Co (NASDAQ:CWCO) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Consolidated Water Co (NASDAQ:CWCO) has a Due Diligence Score of 58, which is 21 points higher than the water industry average of 37.
CWCO passed 21 out of 38 due diligence checks and has strong fundamentals. Consolidated Water Co has seen its stock return 21.31% over the past year, overperforming other water stocks by 17 percentage points.