American Water Works (NYSE:AWK – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 5.650-5.750 for the period, compared to the consensus earnings per share 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 Performance
Shares of AWK traded down $2.11 during mid-day trading on Friday, hitting $136.00. The stock had a trading volume of 1,044,446 shares, compared to its average volume of 1,194,815. The company has a market cap of $26.50 billion, a PE ratio of 26.93, a PEG ratio of 3.26 and a beta of 0.69. The company’s fifty day simple moving average is $142.73 and its two-hundred day simple moving average is $136.25. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 1.24. American Water Works has a fifty-two week low of $113.34 and a fifty-two week high of $150.68.
American Water Works (NYSE:AWK – Get Free Report) last issued its earnings results on Wednesday, July 31st. The utilities provider reported $1.42 EPS for the quarter, missing the consensus estimate of $1.47 by ($0.05). The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.10 billion. American Water Works had a return on equity of 9.84% and a net margin of 21.77%. American Water Works’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.44 EPS. On average, equities analysts expect that American Water Works will post 5.27 earnings per share for the current year.
American Water Works Dividend Announcement
Analyst Upgrades and Downgrades
Several analysts recently issued reports on AWK shares. Wells Fargo & Company downgraded American Water Works from an “equal weight” rating to an “underweight” rating and raised their price target for the stock from $127.00 to $138.00 in a report on Wednesday, July 31st. Bank of America reissued an “underperform” rating and issued a $140.00 price target on shares of American Water Works in a report on Friday, September 20th. Jefferies Financial Group started coverage on American Water Works in a report on Monday, October 7th. They issued an “underperform” rating and a $124.00 price target on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $164.00 price target on shares of American Water Works in a report on Thursday, September 19th. Finally, Wolfe Research raised American Water Works to a “hold” rating in a report on Wednesday, September 18th. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, American Water Works has a consensus rating of “Hold” and an average price target of $140.00.
Read Our Latest Stock Analysis on American Water Works
Insider Buying and Selling at American Water Works
In other American Water Works news, Director Martha Clark Goss sold 710 shares of American Water Works stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $142.85, for a total transaction of $101,423.50. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.08% of the stock is owned by company insiders.
About American Water Works
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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