SJW Corp. Sets New 1-Year High at $28.89 (SJW)
SJW Corp. (NYSE:SJW) set a new 52-week high during trading hours on Friday, American Banking News.com reports. The company traded as high as $28.89 and last traded at $28.88, with a volume of 31,529 shares. The stock had previously closed at $28.61.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of SJW Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, September 30th. They now have a $30.60 price target on the stock. Finally, analysts at Janney Montgomery Scott downgraded shares of SJW Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, August 6th. They now have a $28.00 price target on the stock.
SJW Corp. has a 52 week low of $22.56 and a 52 week high of $28.89. The stock’s 50-day moving average is $27.25 and its 200-day moving average is $26.80. The company has a market cap of $581.6 million and a price-to-earnings ratio of 22.32.
SJW Corp. (NYSE:SJW) last announced its earnings results on Wednesday, July 31st. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.09. The company had revenue of $74.20 million for the quarter, compared to the consensus estimate of $66.74 million. Analysts expect that SJW Corp. will post $1.33 EPS for the current fiscal year.
SJW Corp. is a holding company. The Company has four subsidiaries: San Jose Water Company, SJWTX, Inc, SJW Land Company and Texas Water Alliance Limited (NYSE:SJW).
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