It has been a couple of month because the final earnings report for Important Utilities (WTRG). Shares have added about 2.9% in that timeframe, outperforming the S&P 500.
Will the current optimistic pattern proceed main as much as its subsequent earnings launch, or is Important Utilities due for a pullback? Earlier than we dive into how buyers and analysts have reacted as of late, let’s take a fast have a look at its most up-to-date earnings report to be able to get a greater deal with on the necessary catalysts.
How Have Estimates Been Shifting Since Then?
Analysts had been quiet over the past two month interval as none of them issued any earnings estimate revisions.
VGM Scores
Presently, Important Utilities has a subpar Development Rating of D, nevertheless its Momentum Rating is doing a bit higher with a C. Charting a considerably comparable path, the inventory was allotted a grade of D on the worth facet, placing it within the backside 40% for this funding technique.
Total, the inventory has an mixture VGM Rating of F. If you happen to aren’t targeted on one technique, this rating is the one you ought to be curious about.
Outlook
Important Utilities has a Zacks Rank #4 (Promote). We anticipate a beneath common return from the inventory within the subsequent few months.
Efficiency of an Business Participant
Important Utilities belongs to the Zacks Utility – Water Provide trade. One other inventory from the identical trade, American States Water (AWR), has gained 0.1% over the previous month. Greater than a month has handed because the firm reported outcomes for the quarter ended December 2024.
American States Water reported revenues of $143.1 million within the final reported quarter, representing a year-over-year change of +14.3%. EPS of $0.69 for a similar interval compares with $0.55 a 12 months in the past.
For the present quarter, American States Water is predicted to publish earnings of $0.73 per share, indicating a change of +17.7% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged during the last 30 days.
American States Water has a Zacks Rank #4 (Promote) primarily based on the general route and magnitude of estimate revisions. Moreover, the inventory has a VGM Rating of F.
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Free: See Our Top Stock And 4 Runners Up
Essential Utilities Inc. (WTRG) : Free Stock Analysis Report
American States Water Company (AWR) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
