H2o America (HTO) has disclosed a new risk, in the Regulation category.
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The regulatory approval process required by the PUCT poses a significant risk to H2O America, as any extension beyond current estimates could undermine the anticipated benefits of the proposed transactions. The sale of the Regulated Business hinges on PUCT’s approval, expected by mid-2026, but the timeline remains uncertain and could be delayed. This uncertainty, coupled with other uncontrollable conditions, may adversely affect the transaction’s completion, potentially leading to increased costs or reduced revenues for H2O America. Such delays could prevent the company from realizing the expected advantages within the desired timeframe.
Overall, Wall Street has a Moderate Buy consensus rating on HTO stock based on 1 Buy and 2 Holds.
To learn more about H2o America’s risk factors, click here.