American Water Works (NYSE:AWK – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 5.650-5.750 for the period, compared to the consensus EPS estimate of 5.680. The company issued revenue guidance of -. American Water Works also updated its FY 2024 guidance to 5.250-5.300 EPS.
American Water Works Stock Up 2.1 %
NYSE AWK traded up $2.86 during trading hours on Thursday, hitting $138.55. The company’s stock had a trading volume of 524,285 shares, compared to its average volume of 1,190,692. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 1.24. The company’s 50-day simple moving average is $142.85 and its two-hundred day simple moving average is $136.10. The company has a market capitalization of $27.00 billion, a PE ratio of 27.64, a price-to-earnings-growth ratio of 3.28 and a beta of 0.69. American Water Works has a 52 week low of $113.34 and a 52 week high of $150.68.
American Water Works (NYSE:AWK – Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The utilities provider reported $1.80 EPS for the quarter, missing analysts’ consensus estimates of $1.84 by ($0.04). The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.20 billion. American Water Works had a net margin of 21.93% and a return on equity of 9.60%. Research analysts anticipate that American Water Works will post 5.27 EPS for the current fiscal year.
American Water Works Announces Dividend
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the company. Mizuho cut American Water Works from an “outperform” rating to a “neutral” rating and lifted their target price for the stock from $131.00 to $140.00 in a research note on Tuesday, October 15th. Wells Fargo & Company cut shares of American Water Works from an “equal weight” rating to an “underweight” rating and boosted their target price for the company from $127.00 to $138.00 in a research note on Wednesday, July 31st. Bank of America restated an “underperform” rating and set a $140.00 price target on shares of American Water Works in a research note on Friday, September 20th. Royal Bank of Canada reiterated an “outperform” rating and issued a $164.00 price objective on shares of American Water Works in a research note on Thursday, September 19th. Finally, Wolfe Research raised American Water Works to a “hold” rating in a research report on Wednesday, September 18th. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $140.00.
Get Our Latest Stock Report on AWK
Insider Buying and Selling
In other American Water Works news, Director Martha Clark Goss sold 710 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $142.85, for a total value of $101,423.50. Following the completion of the transaction, the director now owns 36,880 shares of the company’s stock, valued at $5,268,308. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.08% of the stock is owned by company insiders.
American Water Works Company Profile
American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.
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