We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
If You Invested $1000 in Consolidated Water 10 Years Ago, This Is How Much You'd Have Now
Read MoreHide Full Article
For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.
What if you'd invested in Consolidated Water (CWCO - Free Report) ten years ago? It may not have been easy to hold on to CWCO for all that time, but if you did, how much would your investment be worth today?
Consolidated Water's Business In-Depth
With that in mind, let's take a look at Consolidated Water's main business drivers. Consolidated Water Co., along with its subsidiaries, is involved in the development and operation of seawater desalination plants and water distribution systems in areas where naturally occurring supplies of potable water are scarce or nonexistent. The company also focuses on expanding operation in areas having a large proportion of tourist properties and growing population. The company was founded in 1973.
Consolidated Water has four business segments, Retail, Bulk, Services and Manufacturing. These segments contributed 27%, 35%, 31% and 7%, respectively, to CWCO’s total revenues for 2022.
Under Retail Water Operations, the company produces and supplies water to end users, including residential, commercial and government customers in the Cayman Islands under an exclusive retail license issued by the Cayman Islands government. It also operates a desalination plant in Bali, Indonesia that sells water to resort and residential properties.
Under Bulk Water Operations, the company produces and supplies water to government-owned distributors in the Cayman Islands and The Bahamas.
Its services operations provide engineering and management services, which include design and construction, as well as management and operation of desalination plants.
Under Manufacturing operations. the company manufactures and services a wide range of water-related products, and provides design, engineering, management, operating and other services applicable to commercial, municipal and industrial water production, supply and treatment as a result of a 100% equity ownership of Aerex Industries, Inc.
The company operated 11 water production plants in four countries, with a total production capacity of 25.5 million gallons per day. It operates 27 advanced water treatment facilities in the United States.
Bottom Line
Putting together a successful investment portfolio takes a combination of research, patience, and a little bit of risk. For Consolidated Water, if you bought shares a decade ago, you're likely feeling really good about your investment today.
A $1000 investment made in November 2013 would be worth $2,772.54, or a gain of 177.25%, as of November 14, 2023, according to our calculations. This return excludes dividends but includes price appreciation.
Compare this to the S&P 500's rally of 147.56% and gold's return of 45.26% over the same time frame.
Going forward, analysts are expecting more upside for CWCO. Consolidated Water’s third-quarter earnings and sales surpass estimates. It currently utilizes the most advanced technology to convert seawater to potable water and meet customer needs. It is expanding operations via acquisitions and organic projects. The acquisition of full ownership of PERC and the return of tourism to the Cayman Islands are expected to drive earnings. It has enough liquidity to address its short-term debt obligations. Shares of the company have outperformed the industry in the past six months. Yet, its international business is exposed to foreign exchange risks. It expects additional expenses while complying with government regulations. Failure to secure long-term water service contracts or the inability to get extensions of existing contracts and unfavorable weather conditions are headwinds. Shares have gained 14.44% over the past four weeks and there have been 1 higher earnings estimate revisions for fiscal 2023 compared to none lower. The consensus estimate has moved up as well.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
If You Invested $1000 in Consolidated Water 10 Years Ago, This Is How Much You'd Have Now
For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.
What if you'd invested in Consolidated Water (CWCO - Free Report) ten years ago? It may not have been easy to hold on to CWCO for all that time, but if you did, how much would your investment be worth today?
Consolidated Water's Business In-Depth
With that in mind, let's take a look at Consolidated Water's main business drivers. Consolidated Water Co., along with its subsidiaries, is involved in the development and operation of seawater desalination plants and water distribution systems in areas where naturally occurring supplies of potable water are scarce or nonexistent. The company also focuses on expanding operation in areas having a large proportion of tourist properties and growing population. The company was founded in 1973.
Consolidated Water has four business segments, Retail, Bulk, Services and Manufacturing. These segments contributed 27%, 35%, 31% and 7%, respectively, to CWCO’s total revenues for 2022.
Under Retail Water Operations, the company produces and supplies water to end users, including residential, commercial and government customers in the Cayman Islands under an exclusive retail license issued by the Cayman Islands government. It also operates a desalination plant in Bali, Indonesia that sells water to resort and residential properties.
Under Bulk Water Operations, the company produces and supplies water to government-owned distributors in the Cayman Islands and The Bahamas.
Its services operations provide engineering and management services, which include design and construction, as well as management and operation of desalination plants.
Under Manufacturing operations. the company manufactures and services a wide range of water-related products, and provides design, engineering, management, operating and other services applicable to commercial, municipal and industrial water production, supply and treatment as a result of a 100% equity ownership of Aerex Industries, Inc.
The company operated 11 water production plants in four countries, with a total production capacity of 25.5 million gallons per day. It operates 27 advanced water treatment facilities in the United States.
Bottom Line
Putting together a successful investment portfolio takes a combination of research, patience, and a little bit of risk. For Consolidated Water, if you bought shares a decade ago, you're likely feeling really good about your investment today.
A $1000 investment made in November 2013 would be worth $2,772.54, or a gain of 177.25%, as of November 14, 2023, according to our calculations. This return excludes dividends but includes price appreciation.
Compare this to the S&P 500's rally of 147.56% and gold's return of 45.26% over the same time frame.
Going forward, analysts are expecting more upside for CWCO. Consolidated Water’s third-quarter earnings and sales surpass estimates. It currently utilizes the most advanced technology to convert seawater to potable water and meet customer needs. It is expanding operations via acquisitions and organic projects. The acquisition of full ownership of PERC and the return of tourism to the Cayman Islands are expected to drive earnings. It has enough liquidity to address its short-term debt obligations. Shares of the company have outperformed the industry in the past six months. Yet, its international business is exposed to foreign exchange risks. It expects additional expenses while complying with government regulations. Failure to secure long-term water service contracts or the inability to get extensions of existing contracts and unfavorable weather conditions are headwinds. Shares have gained 14.44% over the past four weeks and there have been 1 higher earnings estimate revisions for fiscal 2023 compared to none lower. The consensus estimate has moved up as well.