WTRG Forecast


Bullish Case: WTRG's recent 14% rise in the last month, the likelihood of securing grants for PFAS projects, and the favorable institutional support and dividend appeal suggest strong upward potential.


Bearish Case: WTRG's flat historical return over holding periods, coupled with recent downward revisions in earnings estimates and economic uncertainty, points to potential downside risks.


Potential Outcomes: Dividend yields attract investors (30%), regulatory compliance costs rise (25%), economic downturn impacts (20%), interest rate hikes affect costs (15%), M&A volatility (10%).


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May 15, 2024


Essential Utilities Forecast

WTRG        Essential Utilities
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

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EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.92)


AES Forecast + Options Trading Strategies   AES  AES (0.9)


AY Forecast + Options Trading Strategies   AY  Atlantica Sustainable Infrastructure (0.89)


BEPC Forecast + Options Trading Strategies   BEPC  Brookfield Renewable (0.89)


NEE Forecast + Options Trading Strategies   NEE  NextEra Energy (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to WTRG



PNR Forecast + Options Trading Strategies   PNR  Pentair (0.0)


NDAQ Forecast + Options Trading Strategies   NDAQ  Nasdaq (-0.0)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (-0.0)


VITL Forecast + Options Trading Strategies   VITL  Vital Farms (0.0)


SPXU Forecast + Options Trading Strategies   SPXU  ProShares UltraPro Short S&P 500 (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against WTRG



YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.55)


DLO Forecast + Options Trading Strategies   DLO  DLocal (-0.56)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.58)


CME Forecast + Options Trading Strategies   CME  CME (-0.66)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.69)





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