American Water Works (NYSE:AWK – Get Free Report) updated 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 Price Performance
Shares of AWK traded down $0.11 during mid-day trading on Wednesday, reaching $135.69. The company had a trading volume of 1,329,492 shares, compared to its average volume of 1,193,866. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.64 and a quick ratio of 0.58. The company has a market capitalization of $26.44 billion, a P/E ratio of 27.64, a P/E/G ratio of 3.28 and a beta of 0.69. American Water Works has a twelve month low of $113.34 and a twelve month high of $150.68. The company’s 50-day moving average is $142.85 and its 200-day moving average is $136.10.
American Water Works (NYSE:AWK – Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.05). The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.10 billion. American Water Works had a return on equity of 9.60% and a net margin of 21.93%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.44 earnings per share. On average, equities analysts anticipate that American Water Works will post 5.27 EPS for the current year.
American Water Works Announces Dividend
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on AWK shares. Jefferies Financial Group initiated coverage on American Water Works in a research report on Monday, October 7th. They issued an “underperform” rating and a $124.00 price objective for the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $164.00 price target on shares of American Water Works in a report on Thursday, September 19th. Bank of America reissued an “underperform” rating and set a $140.00 price objective on shares of American Water Works in a report on Friday, September 20th. Wolfe Research raised shares of American Water Works to a “hold” rating in a research note on Wednesday, September 18th. Finally, Mizuho cut shares of American Water Works from an “outperform” rating to a “neutral” rating and increased their price target for the company from $131.00 to $140.00 in a research note on Tuesday, October 15th. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $140.00.
Insider Buying and Selling
In other news, Director Martha Clark Goss sold 710 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $142.85, for a total value of $101,423.50. Following the transaction, the director now owns 36,880 shares of the company’s stock, valued at $5,268,308. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.08% of the stock is currently owned by 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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