Analysts expect that AquaVenture Holdings Ltd (NASDAQ:WAAS) will report earnings of ($0.17) per share for the current fiscal quarter, according to Zacks. Two analysts have made estimates for AquaVenture Holdings’ earnings, with the lowest EPS estimate coming in at ($0.21) and the highest estimate coming in at ($0.14). The firm is scheduled to report its next earnings results after the market closes on Tuesday, May 9th.
On average, analysts expect that AquaVenture Holdings will report full year earnings of ($0.65) per share for the current year, with EPS estimates ranging from ($0.82) to ($0.48). For the next fiscal year, analysts expect that the firm will post earnings of ($0.27) per share, with EPS estimates ranging from ($0.38) to ($0.15). Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that cover AquaVenture Holdings.
Several research firms have commented on WAAS. Zacks Investment Research raised shares of AquaVenture Holdings from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a report on Tuesday, January 3rd. Royal Bank of Canada set a $27.00 price target on shares of AquaVenture Holdings and gave the company a “buy” rating in a report on Monday, January 2nd. Finally, Raymond James Financial, Inc. raised shares of AquaVenture Holdings from an “outperform” rating to a “strong-buy” rating in a report on Thursday, February 23rd. They noted that the move was a valuation call. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. AquaVenture Holdings has an average rating of “Buy” and an average target price of $27.00.
Several large investors have recently bought and sold shares of WAAS. Wells Fargo & Company MN raised its stake in AquaVenture Holdings by 271.9% in the first quarter. Wells Fargo & Company MN now owns 9,438 shares of the company’s stock valued at $161,000 after buying an additional 6,900 shares during the last quarter. Macquarie Group Ltd. purchased a new stake in AquaVenture Holdings during the fourth quarter valued at about $127,000. Teachers Advisors LLC purchased a new stake in AquaVenture Holdings during the fourth quarter valued at about $2,033,000. FMR LLC purchased a new stake in AquaVenture Holdings during the fourth quarter valued at about $36,753,000. Finally, Federated Investors Inc. PA purchased a new stake in AquaVenture Holdings during the fourth quarter valued at about $3,341,000.
Shares of AquaVenture Holdings (NASDAQ:WAAS) traded down 0.33% during mid-day trading on Tuesday, reaching $18.37. The company’s stock had a trading volume of 91,838 shares. AquaVenture Holdings has a one year low of $14.30 and a one year high of $26.33. The firm’s market cap is $484.75 million. The firm’s 50 day moving average is $17.48 and its 200 day moving average is $20.06.
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AquaVenture Holdings Company Profile
AquaVenture Holdings Limited is a multinational provider of Water-as-a-Service solutions. The Company’s segments are Seven Seas Water and Quench. The Seven Seas Water segment provides outsourced desalination solutions and wastewater treatment for governmental, municipal, industrial and hospitality customers.
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