York Water stock had a good day in the market on Monday April 16. Shares climbed 3.02% and closed the day at $32.45. They’re now trading 18.58% below their 52-week high of $39.86.
With yesterday’s good gain, York Water now has a market cap of $418 million. That makes it a small cap company.
The business operates in the water industry and employs 102 people. Its shares trade primarily on the NASDAQ stock exchange.
York Water has 12.88 million shares outstanding and 23,076 traded hands for the day. That’s below the average 30-day volume of 44,115 shares.
Over the last five years, York Water’s revenue is up by 17.23%. You can see this growth in annual revenue chart below…
In the last year alone, York Water’s revenue has grown by 2.11%. That’s a solid sign for York Water stock owners.
We like to invest in companies that grow their sales. A growing top line is a sign of a healthy business.
For now, York Water will continue to pull in revenue. So let’s take a closer look at the company’s total financial health. And the best way to do that is by looking at its balance sheet… York Water’s cash comes in near zero and the company’s debt is $91 million…
York Water’s cash pile is smaller than its total debt. This is common for many companies. They can issue debt at a lower cost to take on new projects… but the debt to cash level is a bit high and is a concern for the business.
What is York Water Stock Worth?
Let’s look at a few key ratios to determine the value of York Water stock…
Price-to-Earnings (P/E): This ratio comes in at 31.99 for York Water. That’s a bit high. A high P/E ratio shows that investors are already expecting high earnings growth.
Price-to-Book (P/B): This ratio is a cornerstone for value investors. A lower number here indicates a better value play. And at 3.5, York Water looks reasonable… but P/B varies greatly based on the industry.
These two metrics are a great place to start when valuing a company… but your analysis should go much deeper…
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Source:: Investment You
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