Scott Morris - California Water Independent Director

CWT Stock  USD 48.42  0.49  1.02%   

Director

Scott Morris is Independent Director of California Water Service since 2019.
Age 63
Tenure 5 years
Address 1720 North First Street, San Jose, CA, United States, 95112-4598
Phone408 367 8200
Webhttps://www.calwatergroup.com

Scott Morris Latest Insider Activity

Tracking and analyzing the buying and selling activities of Scott Morris against California Water stock is an integral part of due diligence when investing in California Water. Scott Morris insider activity provides valuable insight into whether California Water is net buyers or sellers over its current business cycle. Note, California Water insiders must abide by specific rules, including filing SEC forms every time they buy or sell California Water'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

California Water Management Efficiency

The company has Return on Asset of 0.0284 % which means that on every $100 spent on assets, it made $0.0284 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1034 %, implying that it generated $0.1034 on every 100 dollars invested. California Water's management efficiency ratios could be used to measure how well California Water manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.01 in 2024. Return On Capital Employed is likely to drop to 0.01 in 2024. At this time, California Water's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 4.9 B in 2024, whereas Change To Liabilities is likely to drop slightly above 269.3 K in 2024.
The company has 1.25 B in debt with debt to equity (D/E) ratio of 0.88, which is OK given its current industry classification. California Water Service has a current ratio of 1.03, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist California Water until it has trouble settling it off, either with new capital or with free cash flow. So, California Water's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like California Water Service sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for California to invest in growth at high rates of return. When we think about California Water's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

James McNultyAmerican States Water
76
Ernest WatersThe York Water
68
Daniel MoreSJW Corporation
64
Robert ValerSJW Corporation
70
Veronica HagenAmerican Water Works
75
Georgia SimpsonMiddlesex Water
49
Mark CaliSJW Corporation
48
Kimberly HarrisAmerican Water Works
56
Cynthia DotzelThe York Water
63
Patricia KamplingAmerican Water Works
61
James AndersonAmerican States Water
76
James StavridisAmerican Water Works
66
Steven KleinMiddlesex Water
52
Leonard SokolowConsolidated Water Co
61
Walter BishopSJW Corporation
69
David RousseauGlobal Water Resources
N/A
Nicholle TaylorArtesian Resources
56
Debra ManSJW Corporation
66
William MarrazzoAmerican Water Works
65
Julie DobsonAmerican Water Works
59
Julia JohnsonAmerican Water Works
58
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company was founded in 1926 and is headquartered in San Jose, California. California Water operates under UtilitiesRegulated Water classification in the United States and is traded on New York Stock Exchange. It employs 1182 people. California Water Service (CWT) is traded on New York Stock Exchange in USA. It is located in 1720 North First Street, San Jose, CA, United States, 95112-4598 and employs 1,266 people. California Water is listed under Water Utilities category by Fama And French industry classification.

Management Performance

California Water Service Leadership Team

Elected by the shareholders, the California Water's board of directors comprises two types of representatives: California Water inside directors who are chosen from within the company, and outside directors, selected externally and held independent of California. The board's role is to monitor California Water's management team and ensure that shareholders' interests are well served. California Water's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, California Water's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ronald Webb, Vice President - Human Resources
Thomas Smegal, Chief Financial Officer, Vice President, Treasurer
Scott Morris, Independent Director
Todd Peters, Chief Officer
Linda Meier, Independent Director
Shannon Dean, Vice President of Customer Service and Chief Citizenship Officer
Shawn Bunting, Senior Counsel
Patricia Wagner, Independent Director
Terry Bayer, Independent Director
Kenneth Jenkins, Chief Officer
Lester Snow, Independent Director
David Healey, Principal Accounting Officer, VP, Corporate Controller and Assistant Treasurer
James Lynch, CFO VP
Elissa Ouyang, Chief Procurement and Lead Continuous Improvement Officer
Thomas III, CFO VP
Gregory Aliff, Independent Director
Richard Magnuson, Lead Independent Director
Paul C, Vice President - Rates & Regulatory Matters
Timothy Treloar, VP of Operations and Water Quality
Lynne Esq, VP Counsel
Edwin Guiles, Independent Director
Michelle Mortensen, Vice President, Corporate Secretary
Peter Nelson, Non-Executive Chairman of the Board
Michael Luu, Vice President - Customer Service and Chief Information Officer
Thomas Krummel, Independent Director
Francis Ferraro, VP of Corporate Devel.
Paul Townsley, Vice President - Corporate Development and Chief Regulatory Matters Officer
Michael Mares, Vice President - California Operations
Thomas Scanlon, Corporate Officer
Martin Kropelnicki, President, Chief Executive Officer, Director
Carol Pottenger, Independent Director
Robert Kuta, Vice President, Engineering and Chief Water Quality and Environmental Compliance Officer
Shelly Esque, Independent Director
Michael Rossi, Vice President - Engineering and Water Quality
Gerald Simon, Vice President, Chief Safety, Security, and Emergency Preparedness Officer.
Shilen Patel, Chief Officer
Greg Milleman, Vice President California Rates for Cal Water
Lynne McGhee, Corporate Secretary, Associate Corporate Counsel
Bonnie Hill, Independent Director
George Vera, Independent Director

California Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is California Water a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with California Water

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if California Water position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in California Water will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to California Water could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace California Water when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back California Water - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling California Water Service to buy it.
The correlation of California Water is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as California Water moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if California Water Service moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for California Water can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether California Water Service is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if California Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about California Water Service Stock. Highlighted below are key reports to facilitate an investment decision about California Water Service Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in California Water Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for California Stock analysis

When running California Water's price analysis, check to measure California Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy California Water is operating at the current time. Most of California Water's value examination focuses on studying past and present price action to predict the probability of California Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move California Water's price. Additionally, you may evaluate how the addition of California Water to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Bonds Directory
Find actively traded corporate debentures issued by US companies
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
CEOs Directory
Screen CEOs from public companies around the world
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Is California Water's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of California Water. If investors know California will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about California Water listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.469
Dividend Share
1.06
Earnings Share
2.52
Revenue Per Share
16.257
Quarterly Revenue Growth
1.065
The market value of California Water Service is measured differently than its book value, which is the value of California that is recorded on the company's balance sheet. Investors also form their own opinion of California Water's value that differs from its market value or its book value, called intrinsic value, which is California Water's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because California Water's market value can be influenced by many factors that don't directly affect California Water's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between California Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if California Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California Water's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.