American Water Works (NYSE:AWK) Earns "Hold (C+)" Rating from Weiss Ratings

Key Points

• Weiss Ratings has reaffirmed a "Hold (C+)" rating for American Water Works, reflecting a mixed view on the company's stock performance amidst varying analyst opinions.
• American Water Works' stock recently traded down 1.0% to $141.09, with analysts setting target prices ranging from $128.00 to $160.00.
• The company reported $1.48 EPS for the last quarter, missing the consensus estimate, but showed an 11.1% year-over-year revenue increase.

American Water Works (NYSE:AWK - Get Free Report)'s stock had its "hold (c+)" rating reaffirmed by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

AWK has been the topic of a number of other reports. Mizuho raised their price objective on shares of American Water Works from $148.00 to $149.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. Barclays decreased their price objective on shares of American Water Works from $138.00 to $128.00 and set an "underweight" rating for the company in a research report on Thursday, July 10th. UBS Group reduced their target price on shares of American Water Works from $156.00 to $151.00 and set a "neutral" rating for the company in a report on Tuesday, August 12th. Wells Fargo & Company reduced their target price on shares of American Water Works from $147.00 to $141.00 and set an "equal weight" rating for the company in a report on Friday, August 1st. Finally, Argus lifted their target price on shares of American Water Works from $155.00 to $160.00 and gave the stock a "buy" rating in a report on Thursday, August 14th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, American Water Works has an average rating of "Hold" and an average target price of $143.57.

American Water Works Trading Down 1.0%

AWK stock traded down $1.42 during trading on Wednesday, hitting $141.09. The company had a trading volume of 952,574 shares, compared to its average volume of 1,387,501. The company has a quick ratio of 0.32, a current ratio of 0.35 and a debt-to-equity ratio of 1.15. The firm has a 50-day moving average price of $140.89 and a 200-day moving average price of $142.14. American Water Works has a 12 month low of $118.74 and a 12 month high of $155.50. The stock has a market cap of $27.53 billion, a price-to-earnings ratio of 25.42, a PEG ratio of 3.29 and a beta of 0.70.

American Water Works (NYSE:AWK - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The utilities provider reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.05). American Water Works had a return on equity of 10.34% and a net margin of 21.91%.The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter last year, the firm earned $1.42 EPS. The business's revenue for the quarter was up 11.1% on a year-over-year basis. American Water Works has set its FY 2025 guidance at 5.700-5.750 EPS. As a group, analysts predict that American Water Works will post 5.71 earnings per share for the current year.

Hedge Funds Weigh In On American Water Works

Institutional investors have recently added to or reduced their stakes in the stock. Oliver Lagore Vanvalin Investment Group acquired a new position in American Water Works during the 2nd quarter worth approximately $28,000. WPG Advisers LLC bought a new stake in shares of American Water Works in the 1st quarter valued at $29,000. Flaharty Asset Management LLC bought a new stake in shares of American Water Works in the 1st quarter valued at $30,000. Cloud Capital Management LLC bought a new stake in shares of American Water Works in the 1st quarter valued at $29,000. Finally, Concord Wealth Partners bought a new position in American Water Works during the second quarter worth $28,000. 86.58% of the stock is currently owned by institutional investors and hedge funds.

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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