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Why CONSOLIDATED WATER CO-ORD SH (NASDAQ:CWCO) qualifies as a high growth stock.

By Mill Chart

Last update: Apr 4, 2024

In this article we will dive into CONSOLIDATED WATER CO-ORD SH (NASDAQ:CWCO) as a possible candidate for growth investing. Investors should always do their own research, but we noticed CONSOLIDATED WATER CO-ORD SH showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of CONSOLIDATED WATER CO-ORD SH

  • The EPS of CONSOLIDATED WATER CO-ORD SH has exhibited growth from one quarter to another (Q2Q), with a 530.0% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
  • With consistent quarter-to-quarter (Q2Q) revenue growth of 87.31%, CONSOLIDATED WATER CO-ORD SH exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
  • CONSOLIDATED WATER CO-ORD SH has achieved 98.25% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
  • CONSOLIDATED WATER CO-ORD SH showcases a robust Return on Equity (ROE) of 15.83%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
  • CONSOLIDATED WATER CO-ORD SH has exhibited strong Relative Strength(RS) in recent periods, with a current 75.9 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. CONSOLIDATED WATER CO-ORD SH shows promising potential for continued price momentum.
  • CONSOLIDATED WATER CO-ORD SH maintains a healthy Debt-to-Equity ratio of 0.0. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
  • CONSOLIDATED WATER CO-ORD SH demonstrates a balanced ownership structure, with institutional shareholders at 54.97%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Zooming in on the technicals.

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

We assign a technical rating of 2 out of 10 to CWCO. Although CWCO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

  • CWCO is part of the Water Utilities industry. There are 14 other stocks in this industry. CWCO outperforms 84% of them.
  • The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
  • Looking at the yearly performance, CWCO did better than 75% of all other stocks. However, CWCO's most recent performance is quite weak.
  • CWCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CWCO is lagging the market.

Check the latest full technical report of CWCO for a complete technical analysis.

How does the complete fundamental picture look for NASDAQ:CWCO?

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, CWCO scores 6 out of 10 in our fundamental rating. CWCO was compared to 14 industry peers in the Water Utilities industry. Both the health and profitability get an excellent rating, making CWCO a very profitable company, without any liquidiy or solvency issues. CWCO has a correct valuation and a medium growth rate. These ratings could make CWCO a good candidate for quality investing.

Our latest full fundamental report of CWCO contains the most current fundamental analsysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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