$0.31 EPS Expected for California Water Service Group (CWT); Fluor (NEW) (FLR) Covered By 9 Bullish Analysts Last Week

June 27, 2017 - By Darrin Black

Among 16 analysts covering Fluor Corporation (NYSE:FLR), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Fluor Corporation had 31 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co on Friday, July 31 with “Outperform”. The rating was maintained by Canaccord Genuity on Tuesday, August 25 with “Buy”. The firm has “Neutral” rating by Credit Suisse given on Tuesday, November 8. M Partners initiated Fluor Corporation (NEW) (NYSE:FLR) on Wednesday, June 29 with “Neutral” rating. The firm has “Buy” rating by S&P Research given on Thursday, October 8. The company was initiated on Friday, November 13 by Citigroup. The stock of Fluor Corporation (NEW) (NYSE:FLR) earned “Neutral” rating by UBS on Friday, July 31. FBR Capital maintained it with “Outperform” rating and $60 target in Friday, July 31 report. The stock of Fluor Corporation (NEW) (NYSE:FLR) earned “Outperform” rating by Credit Suisse on Friday, February 19. As per Thursday, June 1, the company rating was upgraded by DA Davidson. See Fluor Corporation (NEW) (NYSE:FLR) latest ratings:

01/06/2017 Broker: DA Davidson Old Rating: Neutral New Rating: Buy Upgrade
08/05/2017 Broker: Canaccord Genuity Old Rating: Hold New Rating: Buy Old Target: $57.00 New Target: $55.00 Upgrade
25/01/2017 Broker: Johnson Rice Old Rating: Hold New Rating: Buy Upgrade
12/01/2017 Broker: Deutsche Bank Old Rating: Hold New Rating: Buy Old Target: $48.00 New Target: $63.00 Upgrade

Analysts expect California Water Service Group (NYSE:CWT) to report $0.31 EPS on July, 27.They anticipate $0.07 EPS change or 29.17% from last quarter’s $0.24 EPS. CWT’s profit would be $14.83M giving it 28.99 P/E if the $0.31 EPS is correct. After having $0.02 EPS previously, California Water Service Group’s analysts see 1,450.00% EPS growth. About 2,840 shares traded. California Water Service Group (NYSE:CWT) has risen 22.84% since June 27, 2016 and is uptrending. It has outperformed by 6.14% the S&P500.

California Water Service Group is a holding company. The company has market cap of $1.72 billion. The Firm operates through the supply and distribution of water and providing water-related utility services segment. It has a 34.08 P/E ratio. The Company, through its subsidiaries, provides non-regulated services and non-regulated services to private companies and municipalities.

Since January 11, 2017, it had 6 insider purchases, and 3 selling transactions for $153,697 activity. 3 shares were bought by VERA GEORGE A, worth $102. The insider Luu Michael B sold 2,400 shares worth $82,728. 1,000 shares valued at $35,700 were sold by Healey David B on Tuesday, May 2.

Investors sentiment decreased to 1.05 in 2016 Q4. Its down 0.12, from 1.17 in 2016Q3. It turned negative, as 13 investors sold California Water Service Group shares while 62 reduced holdings. 29 funds opened positions while 50 raised stakes. 32.66 million shares or 0.64% more from 32.46 million shares in 2016Q3 were reported. Creative Planning holds 9,772 shares. Mercer Advisers owns 1,000 shares. Serv Incorporated reported 34,829 shares. Blackrock Advsrs Ltd Liability Corporation stated it has 24,999 shares. Susquehanna Int Grp Ltd Liability Partnership accumulated 68,803 shares. Lpl Financial Ltd Limited Liability Company owns 10,304 shares for 0% of their portfolio. Moreover, Baillie Gifford has 0.02% invested in California Water Service Group (NYSE:CWT). Stifel Fincl Corporation invested in 6,168 shares. Teachers Retirement Sys Of The State Of Kentucky reported 16,800 shares. State Of New Jersey Common Pension Fund D stated it has 0% of its portfolio in California Water Service Group (NYSE:CWT). Employees Retirement System Of Texas owns 0.01% invested in California Water Service Group (NYSE:CWT) for 26,000 shares. Hutchinson Capital Mngmt Ca has invested 0.07% in California Water Service Group (NYSE:CWT). California State Teachers Retirement Systems reported 99,091 shares. First Manhattan reported 293 shares. Mitchell Mcleod Pugh & Williams Incorporated, a Alabama-based fund reported 8,280 shares.

Among 7 analysts covering California Water Service (NYSE:CWT), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. California Water Service had 10 analyst reports since August 3, 2015 according to SRatingsIntel. Janney Capital downgraded California Water Service Group (NYSE:CWT) on Tuesday, April 19 to “Neutral” rating. The stock of California Water Service Group (NYSE:CWT) earned “Equal-Weight” rating by Barclays Capital on Monday, April 4. The stock has “Neutral” rating by Macquarie Research on Wednesday, January 18. The firm has “Equal Weight” rating by Barclays Capital given on Tuesday, September 6. Gabelli downgraded the shares of CWT in report on Monday, March 7 to “Hold” rating. The firm has “Underperform” rating by Wells Fargo given on Friday, February 24. The stock has “Neutral” rating by Robert W. Baird on Friday, February 26. The firm has “Hold” rating given on Monday, May 1 by Gabelli. The stock of California Water Service Group (NYSE:CWT) has “Buy” rating given on Monday, August 3 by Hilliard Lyons. As per Friday, October 14, the company rating was initiated by Robert W. Baird.

About 62,765 shares traded. Fluor Corporation (NEW) (NYSE:FLR) has declined 7.15% since June 27, 2016 and is downtrending. It has underperformed by 23.85% the S&P500.

Investors sentiment decreased to 0.92 in Q4 2016. Its down 0.10, from 1.02 in 2016Q3. It worsened, as 50 investors sold Fluor Corporation (NEW) shares while 170 reduced holdings. 71 funds opened positions while 131 raised stakes. 115.00 million shares or 3.45% more from 111.16 million shares in 2016Q3 were reported. Fincl Bank Of New York Mellon accumulated 1.29 million shares. Apg Asset Nv invested 0.07% of its portfolio in Fluor Corporation (NEW) (NYSE:FLR). Moreover, Ing Groep Nv has 0.01% invested in Fluor Corporation (NEW) (NYSE:FLR) for 8,011 shares. Benjamin F Edwards reported 0.13% of its portfolio in Fluor Corporation (NEW) (NYSE:FLR). Synovus holds 0% or 785 shares in its portfolio. Teacher Retirement Of Texas has invested 0.09% in Fluor Corporation (NEW) (NYSE:FLR). Tocqueville Asset Management Ltd Partnership reported 7,980 shares. Counsel, North Carolina-based fund reported 6,070 shares. Blackrock Fund Advsrs invested in 0.03% or 2.61M shares. Riverhead Cap Mngmt Ltd Liability Corporation holds 0.05% or 13,948 shares. State Teachers Retirement Systems invested 0.03% in Fluor Corporation (NEW) (NYSE:FLR). Chevy Chase Trust Holdings has invested 0.03% in Fluor Corporation (NEW) (NYSE:FLR). Mai Capital Management reported 0.02% in Fluor Corporation (NEW) (NYSE:FLR). Virtus Advisers Inc invested in 6,971 shares. British Columbia Invest Mgmt Corporation invested 0.02% of its portfolio in Fluor Corporation (NEW) (NYSE:FLR).

Since March 1, 2017, it had 0 insider purchases, and 2 selling transactions for $525,223 activity. BARNARD RAY F. also sold $428,288 worth of Fluor Corporation (NEW) (NYSE:FLR) shares. Chopra Robin K also sold $96,935 worth of Fluor Corporation (NEW) (NYSE:FLR) shares.

Fluor Corporation is a holding company. The company has market cap of $6.31 billion. The Firm operates its business in four divisions: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Government, and Maintenance, Modification & Asset Integrity (MMAI). It has a 26.45 P/E ratio. The Company, through its subsidiaries, offers professional services providing engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services on a global basis.