Media stories about AquaVenture (NYSE:WAAS) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. AquaVenture earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.7219863758942 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of analysts recently weighed in on the company. Lake Street Capital assumed coverage on AquaVenture in a report on Friday, August 17th. They issued a “buy” rating and a $29.00 price objective for the company. JMP Securities increased their price objective on AquaVenture from $22.00 to $24.00 and gave the company a “buy” rating in a report on Thursday, August 9th. B. Riley assumed coverage on AquaVenture in a report on Thursday, May 17th. They issued a “buy” rating and a $22.00 price objective for the company. Zacks Investment Research upgraded AquaVenture from a “sell” rating to a “buy” rating and set a $18.00 price objective for the company in a report on Saturday, July 7th. Finally, ValuEngine upgraded AquaVenture from a “hold” rating to a “buy” rating in a report on Thursday, July 5th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $22.14.
NYSE WAAS opened at $17.08 on Wednesday. The firm has a market capitalization of $483.24 million, a P/E ratio of -17.43 and a beta of 1.14. AquaVenture has a twelve month low of $10.87 and a twelve month high of $18.72. The company has a debt-to-equity ratio of 0.49, a current ratio of 6.17 and a quick ratio of 5.74.
AquaVenture (NYSE:WAAS) last posted its quarterly earnings data on Wednesday, August 8th. The company reported ($0.19) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.20) by $0.01. The business had revenue of $34.45 million during the quarter, compared to the consensus estimate of $32.64 million. AquaVenture had a negative return on equity of 7.34% and a negative net margin of 19.75%. AquaVenture’s quarterly revenue was up 15.4% on a year-over-year basis. During the same period in the prior year, the business posted ($0.21) earnings per share. sell-side analysts anticipate that AquaVenture will post -0.83 EPS for the current fiscal year.
AquaVenture Company Profile
AquaVenture Holdings Limited provides water-as-a-service solutions in North America, the Caribbean, and South America. The company operates in two segments, Seven Seas Water and Quench. It offers desalination and wastewater treatment solutions for governmental, municipal, industrial, and hospitality customers; and point-of-use filtered water systems and related services to approximately 40,000 institutional and commercial customers.
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