American Water Works (NYSE:AWK) Price Target Raised to $148.00 at Evercore ISI

American Water Works (NYSE:AWK - Get Free Report) had its target price raised by Evercore ISI from $139.00 to $148.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an "in-line" rating on the utilities provider's stock. Evercore ISI's price objective would suggest a potential downside of 0.86% from the company's current price.

AWK has been the topic of several other reports. Barclays assumed coverage on shares of American Water Works in a report on Tuesday, April 22nd. They set an "underweight" rating and a $138.00 price objective on the stock. UBS Group cut American Water Works from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 25th. StockNews.com upgraded American Water Works from a "sell" rating to a "hold" rating in a research note on Friday, April 4th. Wells Fargo & Company increased their price target on shares of American Water Works from $133.00 to $142.00 and gave the company an "equal weight" rating in a research report on Thursday, March 13th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of American Water Works from $147.00 to $128.00 and set a "neutral" rating for the company in a research note on Tuesday, January 28th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, American Water Works currently has a consensus rating of "Hold" and a consensus price target of $143.22.

American Water Works Trading Up 0.8 %

Shares of NYSE AWK traded up $1.14 during trading hours on Friday, reaching $149.29. The stock had a trading volume of 1,124,194 shares, compared to its average volume of 1,204,187. The business's fifty day moving average price is $143.95 and its two-hundred day moving average price is $134.76. The firm has a market cap of $29.11 billion, a price-to-earnings ratio of 27.70, a P/E/G ratio of 2.80 and a beta of 0.73. American Water Works has a 52-week low of $118.74 and a 52-week high of $155.50. The company has a current ratio of 0.39, a quick ratio of 0.35 and a debt-to-equity ratio of 1.21.

American Water Works (NYSE:AWK - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The utilities provider reported $1.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.06 by ($0.01). American Water Works had a return on equity of 10.29% and a net margin of 22.44%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the previous year, the company posted $0.95 EPS. American Water Works's quarterly revenue was up 13.0% compared to the same quarter last year. Analysts expect that American Water Works will post 5.71 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Cloud Capital Management LLC acquired a new position in shares of American Water Works in the first quarter worth about $29,000. Crews Bank & Trust acquired a new stake in American Water Works in the fourth quarter valued at approximately $26,000. Providence First Trust Co purchased a new stake in shares of American Water Works in the fourth quarter valued at approximately $27,000. Whipplewood Advisors LLC acquired a new position in shares of American Water Works during the 4th quarter worth approximately $28,000. Finally, Capital A Wealth Management LLC purchased a new position in shares of American Water Works during the 4th quarter valued at approximately $33,000. 86.58% of the stock is 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.