Cadiz Stock Quote Today

CDZI
 Stock
  

USD 2.11  0.01  0.47%   

Market Performance
0 of 100
Odds Of Distress
Less than 25
Cadiz is trading at 2.11 as of the 5th of December 2022. This is a -0.47% down since the beginning of the trading day. The stock's open price was 2.12. Cadiz has about a 25 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Cadiz Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of September 2022 and ending today, the 5th of December 2022. Click here to learn more.
CUSIP
127549103
Fiscal Year End
December
Business Domain
Utilities
IPO Date
26th of March 1990
Category
Utilities
Classification
Utilities
Cadiz Inc., together with its subsidiaries, operates as a natural resources development company in the United States. Cadiz Inc. was founded in 1983 and is headquartered in Los Angeles, California. Cadiz operates under UtilitiesRegulated Water classification in the United States and is traded on NASDAQ Exchange. The company has 55.82 M outstanding shares of which 670.3 K shares are currently shorted by private and institutional investors with about 4.65 trading days to cover. More on Cadiz Inc
Follow Valuation Options Odds of Bankruptcy
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Cadiz Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cadiz's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cadiz or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Cadiz Inc generated a negative expected return over the last 90 days
Cadiz Inc has high historical volatility and very poor performance
The company reported the previous year's revenue of 564 K. Net Loss for the year was (31.25 M) with profit before overhead, payroll, taxes, and interest of 564 K.
Cadiz Inc currently holds about 6.96 M in cash with (15.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Cadiz Inc has a frail financial position based on the latest SEC disclosures
Roughly 40.0% of the company shares are held by company insiders
CEOScott Slater
Fama & French Classification
Average Analyst Recommendation
Analysts covering Cadiz report their recommendations after researching Cadiz's financial statements, talking to executives and customers, or listening in on Cadiz's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cadiz Inc. The Cadiz consensus assessment is calculated by taking the average forecast from all of the analysts covering Cadiz.
Strong Buy1 Opinion
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Cadiz Inc based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Cadiz Inc financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted43.8 M40.6 M
Significantly Up
Increasing
Slightly volatile
Weighted Average Shares43.8 M40.6 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities2.7 M2.5 M
Notably Up
Increasing
Slightly volatile
Total Liabilities81.5 M71.9 M
Moderately Up
Increasing
Slightly volatile
Gross Margin(12.25)(11.35)
Significantly Down
Increasing
Slightly volatile
Total Debt95.1 M68.7 M
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.0080.006
Significantly Up
Decreasing
Slightly volatile
Current Assets11.6 M13.2 M
Fairly Down
Increasing
Slightly volatile
Total Assets121.4 M112.5 M
Significantly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Cadiz's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUndervalued
Financial Strength
Cadiz's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cadiz's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cadiz's financial leverage. It provides some insight into what part of Cadiz's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Cadiz's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Cadiz deploys its capital and how much of that capital is borrowed.
Liquidity
Cadiz cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 46.48 M in liabilities with Debt to Equity (D/E) ratio of 2.15, implying the company greatly relies on financing operations through barrowing. Cadiz Inc has a current ratio of 3.5, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Cadiz until it has trouble settling it off, either with new capital or with free cash flow. So, Cadiz'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 Cadiz Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cadiz to invest in growth at high rates of return. When we think about Cadiz's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(16.48 Million)
Cadiz Inc (CDZI) is traded on NASDAQ Exchange in USA and employs 10 people. Cadiz is listed under Water Utilities category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with current market capitalization of 117.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cadiz's market, we take the total number of its shares issued and multiply it by Cadiz's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Cadiz Inc conducts business under Water Utilities sector and is part of Utilities industry. The entity has 55.82 M outstanding shares of which 670.3 K shares are currently shorted by private and institutional investors with about 4.65 trading days to cover. Cadiz Inc currently holds about 6.96 M in cash with (15.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Check Cadiz Probability Of Bankruptcy
Ownership
Cadiz holds a total of fifty-five million eight hundred twenty-three thousand eight hundred outstanding shares. Cadiz Inc retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Cadiz Ownership Details

Cadiz Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Cadiz jumping above the current price in 90 days from now is about 61.91%. The Cadiz Inc probability density function shows the probability of Cadiz stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4923 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cadiz will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Cadiz Inc is significantly underperforming NYSE Composite.
  Odds Below 2.11HorizonTargetOdds Above 2.11
38.02%90 days
 2.11 
61.91%
Based on a normal probability distribution, the odds of Cadiz to move above the current price in 90 days from now is about 61.91 (This Cadiz Inc probability density function shows the probability of Cadiz Stock to fall within a particular range of prices over 90 days) .

Cadiz Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Cadiz that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cadiz's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cadiz's value.
InstituionSecurity TypeTotal SharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.4 K59 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.4 K114 K
Wolverine Trading LlcPut Options17.6 K118 K
Wolverine Trading LlcCall Options11 K114 K
View Cadiz Diagnostics

Cadiz Historical Income Statement

Cadiz Inc Income Statement is one of the three primary financial statements used for reporting Cadiz's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cadiz Inc revenue and expense. Cadiz Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Cadiz Gross Profit is most likely to increase significantly in the upcoming years. The last year's value of Gross Profit was reported at 564,000. The current Interest Expense is estimated to increase to about 12.7 M, while Consolidated Income is projected to decrease to (33.7 M). View More Fundamentals

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cadiz without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Cadiz Corporate Directors

Cadiz corporate directors refer to members of a Cadiz board of directors. The board of directors generally takes responsibility for the Cadiz's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cadiz's board members must vote for the resolution. The Cadiz board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Timothy Shaheen - CFO, Secretary and DirectorProfile
John Bohn - DirectorProfile
Maria Echaveste - DirectorProfile
Murray Hutchison - Independent DirectorProfile

Invested in Cadiz Inc?

The danger of trading Cadiz Inc is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cadiz is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cadiz. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cadiz Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Cadiz Inc information on this page should be used as a complementary analysis to other Cadiz's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Cadiz Inc price analysis, check to measure Cadiz'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 Cadiz is operating at the current time. Most of Cadiz's value examination focuses on studying past and present price action to predict the probability of Cadiz's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cadiz's price. Additionally, you may evaluate how the addition of Cadiz to your portfolios can decrease your overall portfolio volatility.
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Is Cadiz'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 Cadiz. If investors know Cadiz 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 Cadiz listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
117.8 M
Quarterly Revenue Growth YOY
3.22
Return On Assets
(0.09) 
Return On Equity
(0.60) 
The market value of Cadiz Inc is measured differently than its book value, which is the value of Cadiz that is recorded on the company's balance sheet. Investors also form their own opinion of Cadiz's value that differs from its market value or its book value, called intrinsic value, which is Cadiz'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 Cadiz's market value can be influenced by many factors that don't directly affect Cadiz'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 Cadiz's value and its price as these two are different measures arrived at by different means. Investors typically determine Cadiz value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadiz'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.