SJW Group (NYSE:SJW - Get Free Report) issued an update on its FY24 earnings guidance on Monday morning. The company provided EPS guidance of $2.68-2.78 for the period, compared to the consensus EPS estimate of $2.75. SJW Group also updated its FY 2024 guidance to 2.680-2.780 EPS.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. Wells Fargo & Company lifted their price objective on SJW Group from $62.00 to $63.00 and gave the company an "equal weight" rating in a research report on Friday, July 26th. Bank of America started coverage on SJW Group in a research report on Friday, September 20th. They issued a "neutral" rating and a $65.00 price target for the company.
Check Out Our Latest Stock Report on SJW
SJW Group Stock Performance
Shares of SJW Group stock traded up $1.34 during trading on Monday, reaching $57.76. The company's stock had a trading volume of 215,079 shares, compared to its average volume of 187,961. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.49 and a current ratio of 0.49. The business's fifty day moving average price is $58.52 and its 200-day moving average price is $56.87. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 3.42 and a beta of 0.62. SJW Group has a one year low of $51.17 and a one year high of $70.43.
SJW Group Company Profile
(
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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.
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