Consolidated Water (CWCO) ended the recent trading session at $25.56, demonstrating a -1.46% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.18%. On the other hand, the Dow registered a loss of 0.8%, and the technology-centric Nasdaq increased by 0.27%.

Shares of the developer and operator of desalination plants witnessed a gain of 1.09% over the previous month, beating the performance of the Utilities sector with its loss of 0.14% and underperforming the S&P 500's gain of 4.46%.

Investors will be eagerly watching for the performance of Consolidated Water in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.26, marking a 52.73% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $31.77 million, indicating a 36.27% downward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $1.25 per share and a revenue of $137.5 million, demonstrating changes of -35.23% and -23.7%, respectively, from the preceding year.

Investors should also pay attention to any latest changes in analyst estimates for Consolidated Water. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Consolidated Water presently features a Zacks Rank of #4 (Sell).

Investors should also note Consolidated Water's current valuation metrics, including its Forward P/E ratio of 20.7. This signifies a discount in comparison to the average Forward P/E of 21.7 for its industry.

Investors should also note that CWCO has a PEG ratio of 2.59 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Utility - Water Supply industry stood at 3.35 at the close of the market yesterday.