Q4 2024 Earnings Estimate for American Water Works Company, Inc. Issued By Zacks Research (NYSE:AWK)

American Water Works Company, Inc. (NYSE:AWK - Free Report) - Analysts at Zacks Research lifted their Q4 2024 earnings per share estimates for American Water Works in a report issued on Tuesday, April 16th. Zacks Research analyst J. Saha now forecasts that the utilities provider will earn $0.99 per share for the quarter, up from their previous forecast of $0.98. The consensus estimate for American Water Works' current full-year earnings is $5.24 per share. Zacks Research also issued estimates for American Water Works' Q1 2025 earnings at $1.15 EPS and Q3 2025 earnings at $1.83 EPS.

American Water Works (NYSE:AWK - Get Free Report) last issued its quarterly earnings results on Thursday, February 15th. The utilities provider reported $0.88 EPS for the quarter, beating the consensus estimate of $0.84 by $0.04. American Water Works had a return on equity of 9.70% and a net margin of 22.30%. The firm had revenue of $1.03 billion during the quarter, compared to analysts' expectations of $1.02 billion. During the same period in the prior year, the firm posted $0.81 earnings per share. The business's quarterly revenue was up 10.8% compared to the same quarter last year.

AWK has been the subject of a number of other reports. Evercore ISI cut American Water Works from an "outperform" rating to an "in-line" rating and cut their price objective for the company from $160.00 to $135.00 in a research report on Friday, February 16th. StockNews.com lowered American Water Works from a "hold" rating to a "sell" rating in a research note on Wednesday, April 3rd.

American Water Works Stock Performance

Shares of AWK traded up $1.93 during mid-day trading on Thursday, reaching $117.33. The company's stock had a trading volume of 1,399,818 shares, compared to its average volume of 1,460,927. American Water Works has a 1-year low of $113.34 and a 1-year high of $152.99. The stock has a market cap of $22.86 billion, a P/E ratio of 23.80, a PEG ratio of 2.72 and a beta of 0.63. The business has a 50-day simple moving average of $119.45 and a two-hundred day simple moving average of $124.18. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.20.

Insider Transactions at American Water Works

In other news, EVP Melanie M. Kennedy sold 843 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $119.59, for a total transaction of $100,814.37. Following the transaction, the executive vice president now owns 16,240 shares in the company, valued at $1,942,141.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.08% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James & Associates increased its position in American Water Works by 3.9% in the 4th quarter. Raymond James & Associates now owns 538,884 shares of the utilities provider's stock valued at $71,127,000 after buying an additional 20,288 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in American Water Works by 7,752.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 483,391 shares of the utilities provider's stock valued at $63,803,000 after purchasing an additional 477,235 shares during the last quarter. Covea Finance lifted its position in shares of American Water Works by 20.4% during the fourth quarter. Covea Finance now owns 278,493 shares of the utilities provider's stock worth $36,758,000 after acquiring an additional 47,200 shares in the last quarter. Natixis Advisors L.P. lifted its position in shares of American Water Works by 27.8% during the third quarter. Natixis Advisors L.P. now owns 81,976 shares of the utilities provider's stock worth $10,151,000 after acquiring an additional 17,834 shares in the last quarter. Finally, Arlington Trust Co LLC purchased a new stake in shares of American Water Works during the fourth quarter worth $1,207,000. 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.