WTER Stock Overview
The Alkaline Water Company Inc. produces, distributes, and markets bottled alkaline water in the United States.
The Alkaline Water Company Inc. Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$0.48|
|52 Week High||US$2.35|
|52 Week Low||US$0.33|
|1 Month Change||2.77%|
|3 Month Change||2.53%|
|1 Year Change||-78.53%|
|3 Year Change||-70.55%|
|5 Year Change||-65.50%|
|Change since IPO||-97.83%|
Recent News & Updates
Alkaline Water expects to post record revenue in Q1
Alkaline Water (NASDAQ:WTER) shares rose ~6% pre-market on Wednesday after the beverage company said that it expects to report record revenue for the first quarter of FY23. Q1 revenue is seen at $16.4-$16.6M compared to consensus revenue of $19.76M. The company also reaffirmed its full year revenue guidance of $70M (consensus: $87.47M). CEO Frank Lazaran said, "As economic headwinds persist and companies across various industries temper their expectations for this coming year, we are confident in our ability to continue to deliver strong year-over-year comps in fiscal 2023 because Alkaline88’s products, production, and distribution are stronger than ever." Earlier this month, Alkaline Water (WTER) reported FY 2022 results that failed to meet Street's estimates. SA Quant system flags Alkaline Water (WTER) at high risk of performing badly
Alkaline Water GAAP EPS of -$0.40 misses by $0.01, revenue of $60.6M misses by $1.88M
Alkaline Water press release (NASDAQ:WTER): FY GAAP EPS of -$0.40 misses by $0.01. Revenue of $60.6M (+31.7% Y/Y) misses by $1.88M. 32% YoY growth is highest percentage fiscal-year growth since FY2019. Gross Profit of $15.2 Million. The Company Issues Guidance of $70 Million for Fiscal Year 2023. Shares +3.95% AH.
|WTER||US Beverage||US Market|
Return vs Industry: WTER underperformed the US Beverage industry which returned 10% over the past year.
Return vs Market: WTER underperformed the US Market which returned -12.9% over the past year.
|WTER Average Weekly Movement||13.3%|
|Beverage Industry Average Movement||7.3%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.1%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: WTER is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: WTER's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
The Alkaline Water Company Inc. produces, distributes, and markets bottled alkaline water in the United States. The company also offers bottled alkaline water in various volumes under the Alkaline88 brand. In addition, it engages in selling of hemp-derived CBD bottled water under the Alkaline88CBD brand; and sports drinks under the Alkaline88 Sports Drinks brand.
The Alkaline Water Company Inc. Fundamentals Summary
|WTER fundamental statistics|
Is WTER overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WTER income statement (TTM)|
|Cost of Revenue||US$45.38m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.28|
|Net Profit Margin||-65.32%|
How did WTER perform over the long term?See historical performance and comparison