In last trading session, The Alkaline Water Company Inc. (NASDAQ:WTER) saw 1,304,506 shares changing hands with its beta currently measuring 3.13. Company’s recent per share price level of $1.68 trading at $0.07 or 4.35% at ring of the bell on the day assigns it a market valuation of $108.31 Million. That closing price of WTER’s stock is at a discount of -54.76% from its 52-week high price of $2.6 and is indicating a premium of 76.19% from its 52-week low price of $0.4. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.75 Million shares which gives us an average trading volume of 1.37 Million if we extend that period to 3-months.
For The Alkaline Water Company Inc. (WTER), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.7. Splitting up the data highlights that, out of 3 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 3 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.02 in the current quarter.
The Alkaline Water Company Inc. (NASDAQ:WTER) trade information
Upright in the green today for gaining 4.35%, in the last five days WTER remained trading in the green while hitting it’s week-highest on Tuesday, Oct 13 when the stock touched $1.735 price level, adding 3.17% to its value on the day. The Alkaline Water Company Inc.’s shares saw a change of 32.28% in year-to-date performance and have moved 15.86% in past 5-day. The Alkaline Water Company Inc. (NASDAQ:WTER) showed a performance of 26.32% in past 30-days. Number of shares sold short was 2.28 Million shares which calculate 1.66 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $3.42 to the stock, which implies a rise of 103.57% to its current value. Analysts have been projecting $3 as a low price target for the stock while placing it at a high target of $4. It follows that stock’s current price would jump +138.1% in reaching the projected high whereas dropping to the targeted low would mean a loss of 78.57% for stock’s current value.
The Alkaline Water Company Inc. (WTER) estimates and forecasts
Statistics highlight that The Alkaline Water Company Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added +90.28% of value to its shares in past 6 months, showing an annual growth rate of -61.76% while that of industry is -4.9. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 71.4% in the current quarter and calculating 57.1% increase in the next quarter. This year revenue growth is estimated to rise 41.9% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $14.55 Million for the same. And 2 analysts are in estimates of company making revenue of $12.66 Million in the next quarter that will end in December 01, 2020. Company posted $10.45 Million and $11.9 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 39.3% while estimating it to be 6.4% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 35.9% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -27.7% while estimates for its earnings growth in next 5 years are of 0%