The price of American Water Works Co. Inc. (NYSE: AWK) closed at $118.21 in the last session, up 0.10% from day before closing price of $118.09. In other words, the price has increased by $+0.12 from its previous closing price. On the day, 1025954 shares were traded.
Ratios:
We take a closer look at AWK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on February 16, 2024, Downgraded its rating to In-line and sets its target price to $135 from $160 previously.
On October 03, 2023, Mizuho started tracking the stock assigning a Buy rating and target price of $134.
Wells Fargo Upgraded its Underweight to Equal Weight on October 20, 2022, while the target price for the stock was maintained at $140.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 04 ’24 when Kennedy Melanie M sold 843 shares for $119.59 per share. The transaction valued at 100,814 led to the insider holds 16,240 shares of the business.
Marberry Michael bought 3,786 shares of AWK for $492,937 on Nov 06 ’23. The Director now owns 7,459 shares after completing the transaction at $130.20 per share. On Aug 28 ’23, another insider, GOSS MARTHA CLARK, who serves as the Director of the company, bought 56 shares for $141.07 each. As a result, the insider paid 7,900 and bolstered with 35,960 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AWK now has a Market Capitalization of 23.02B and an Enterprise Value of 35.13B. As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.21, and their Forward P/E ratio for the next fiscal year is 20.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.44 while its Price-to-Book (P/B) ratio in mrq is 2.35. Its current Enterprise Value per Revenue stands at 8.30 whereas that against EBITDA is 14.89.
Stock Price History:
Over the past 52 weeks, AWK has reached a high of $153.43, while it has fallen to a 52-week low of $114.25. The 50-Day Moving Average of the stock is 122.24, while the 200-Day Moving Average is calculated to be 131.52.
Shares Statistics:
According to the various share statistics, AWK traded on average about 1.37M shares per day over the past 3-months and 1.77M shares per day over the past 10 days. A total of 194.73M shares are outstanding, with a floating share count of 194.16M. Insiders hold about 0.31% of the company’s shares, while institutions hold 90.31% stake in the company. Shares short for AWK as of Feb 29, 2024 were 2.51M with a Short Ratio of 1.83, compared to 2.3M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.29% and a Short% of Float of 1.46%.
Dividends & Splits
The forward annual dividend rate for AWK is 2.83, which was 2.78 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 2.35%, it implies a Forward Annual Dividend Yield of 2.39%. The stock’s 5-year Average Dividend Yield is 1.64. The current Payout Ratio is 57.86% for AWK, which recently paid a dividend on Mar 01, 2024 with an ex-dividend date of Feb 07, 2024. Stock splits for the company last occurred on Jul 26, 1996 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.99 for the current quarter, with a high estimate of $1.05 and a low estimate of $0.94, while EPS last year was $0.91. The consensus estimate for the next quarter is $1.51, with high estimates of $1.56 and low estimates of $1.49.
Analysts are recommending an EPS of between $5.25 and $5.17 for the fiscal current year, implying an average EPS of $5.23. EPS for the following year is $5.66, with 11 analysts recommending between $5.75 and $5.55.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $1.01B. It ranges from a high estimate of $1.04B to a low estimate of $985M. As of the current estimate, American Water Works Co. Inc.’s year-ago sales were $938M, an estimated increase of 7.40% from the year-ago figure.
A total of 8 analysts have provided revenue estimates for AWK’s current fiscal year. The highest revenue estimate was $4.58B, while the lowest revenue estimate was $4.12B, resulting in an average revenue estimate of $4.44B. In the same quarter a year ago, actual revenue was $4.23B, up 4.70% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $4.74B in the next fiscal year. The high estimate is $4.98B and the low estimate is $4.42B. The average revenue growth estimate for next year is up 6.80% from the average revenue estimate for this year.
