Consolidated Water (CWCO) Rises As Market Takes a Dip: Key Facts

The latest trading session saw Consolidated Water (CWCO) ending at $28.18, denoting a +1.48% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.76%. Elsewhere, the Dow lost 1.14%, while the tech-heavy Nasdaq lost 0.18%.Coming into today, shares of the developer and operator of desalination plants had gained 5.51% in the past month. In that same time, the Utilities sector gained 1.96%, while the S&P 500 lost 7.29%.The investment community will be closely monitoring the performance of Consolidated Water in its forthcoming earnings report. The company is scheduled to release its earnings on March 17, 2025.Any recent changes to analyst estimates for Consolidated Water should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Consolidated Water currently has a Zacks Rank of #3 (Hold).Looking at its valuation, Consolidated Water is holding a Forward P/E ratio of 19.84. Its industry sports an average Forward P/E of 20.34, so one might conclude that Consolidated Water is trading at a discount comparatively.Investors should also note that CWCO has a PEG ratio of 2.48 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Utility - Water Supply industry was having an average PEG ratio of 2.91.The Utility - Water Supply industry is part of the Utilities sector. This industry currently has a Zacks Industry Rank of 171, which puts it in the bottom 32% of all 250+ industries.The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Consolidated Water Co. Ltd. (CWCO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks