Q3 EPS Forecast for Consolidated Water Raised by Analyst

Consolidated Water Co. Ltd. (NASDAQ:CWCO) – Stock analysts at Zacks Research boosted their Q3 2027 earnings per share estimates for Consolidated Water in a note issued to investors on Monday, May 25th. Zacks Research analyst Team now expects that the utilities provider will earn $0.43 per share for the quarter, up from their previous estimate 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.

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 firm had revenue of $29.97 million during the quarter, compared to analyst estimates of $31.90 million. Consolidated Water had a net margin of 13.50% and a return on equity of 7.81%.

Several other research firms have also weighed in on CWCO. Weiss Ratings raised Consolidated Water from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, May 12th. Wall Street Zen lowered Consolidated Water from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $40.00.

Consolidated Water Stock Performance

Consolidated Water stock opened at $30.21 on Thursday. The firm has a market capitalization 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. The stock’s fifty day moving average is $32.21 and its two-hundred day moving average is $34.67.

Hedge Funds Weigh In On Consolidated Water

Several large investors have recently added to or reduced their stakes in the business. Journey Strategic Wealth LLC lifted its position in Consolidated Water by 3.1% during the third quarter. Journey Strategic Wealth LLC now owns 9,515 shares of the utilities provider’s stock worth $336,000 after buying an additional 289 shares during the period. Oppenheimer & Co. Inc. lifted its position in Consolidated Water by 4.5% during the fourth quarter. Oppenheimer & Co. Inc. now owns 7,023 shares of the utilities provider’s stock worth $248,000 after buying an additional 304 shares during the period. Commonwealth Equity Services LLC lifted its position in Consolidated Water by 4.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,961 shares of the utilities provider’s stock worth $387,000 after buying an additional 422 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in Consolidated Water by 3.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 17,121 shares of the utilities provider’s stock worth $604,000 after buying an additional 571 shares during the period. Finally, Ellsworth Advisors LLC lifted its position in Consolidated Water by 2.6% during the fourth quarter. Ellsworth Advisors LLC now owns 23,557 shares of the utilities provider’s stock worth $885,000 after buying an additional 607 shares during the period. 55.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Maria Elena Giner acquired 3,310 shares of Consolidated Water stock in a transaction dated Thursday, March 19th. The shares were acquired at an average cost of $30.24 per share, for a total transaction of $100,094.40. Following the completion of the transaction, the director directly owned 3,310 shares of the company’s stock, valued at $100,094.40. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 6.25% of the stock is owned by corporate insiders.

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.