H2O America (NASDAQ:HTO) Receives Average Rating of “Moderate Buy” from Analysts

H2O America (NASDAQ:HTOGet Free Report) has received a consensus rating of “Moderate Buy” from the seven analysts that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $62.00.

Several research analysts have recently commented on HTO shares. UBS Group set a $61.00 price objective on shares of H2O America in a research note on Friday, January 9th. Wall Street Zen downgraded shares of H2O America from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. Zacks Research upgraded shares of H2O America from a “strong sell” rating to a “hold” rating in a report on Monday. BTIG Research reissued a “buy” rating and issued a $61.00 price target on shares of H2O America in a research report on Tuesday, March 3rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of H2O America in a research note on Thursday, January 22nd.

Read Our Latest Stock Analysis on HTO

Institutional Investors Weigh In On H2O America

Several large investors have recently bought and sold shares of the stock. Quadrant Capital Group LLC raised its position in H2O America by 194.9% in the 4th quarter. Quadrant Capital Group LLC now owns 525 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 347 shares in the last quarter. Parallel Advisors LLC grew its position in shares of H2O America by 1,020.8% during the fourth quarter. Parallel Advisors LLC now owns 594 shares of the utilities provider’s stock worth $29,000 after buying an additional 541 shares in the last quarter. Hughes Financial Services LLC purchased a new stake in shares of H2O America during the third quarter worth approximately $40,000. Farther Finance Advisors LLC purchased a new stake in shares of H2O America during the fourth quarter worth approximately $40,000. Finally, IFP Advisors Inc raised its holdings in H2O America by 139.8% in the fourth quarter. IFP Advisors Inc now owns 976 shares of the utilities provider’s stock valued at $48,000 after acquiring an additional 569 shares in the last quarter. Hedge funds and other institutional investors own 84.29% of the company’s stock.

H2O America Price Performance

HTO opened at $56.48 on Friday. The stock’s 50-day moving average price is $54.37 and its 200 day moving average price is $50.44. H2O America has a 12-month low of $43.75 and a 12-month high of $59.00. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.21. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 19.34, a PEG ratio of 2.95 and a beta of 0.48.

H2O America (NASDAQ:HTOGet Free Report) last released its earnings results on Wednesday, February 25th. The utilities provider reported $0.46 earnings per share for the quarter. The company had revenue of $194.19 million during the quarter, compared to the consensus estimate of $195.73 million. H2O America had a return on equity of 7.08% and a net margin of 12.81%.H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. As a group, sell-side analysts expect that H2O America will post 2.75 earnings per share for the current year.

H2O America Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Monday, February 9th were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Monday, February 9th. H2O America’s payout ratio is presently 60.27%.

H2O America Company Profile

(Get Free Report)

SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District.

See Also

Analyst Recommendations for H2O America (NASDAQ:HTO)

Receive News & Ratings for H2O America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H2O America and related companies with MarketBeat.com's FREE daily email newsletter.