American Water Works - AWK Stock Forecast, Price & News

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 3.4 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. It also provides water and wastewater services on various military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. In addition, the company operates approximately 80 surface water treatment plants; 480 groundwater treatment plants; 160 wastewater treatment plants; 52,500 miles of transmission, distribution, and collection mains and pipes; 1,100 groundwater wells; 1,700 water and wastewater pumping stations; 1,300 treated water storage facilities; and 76 dams. It serves approximately 14 million people with drinking water, wastewater, and other related services in 24 states. American Water Works Company, Inc. was founded in 1886 and is headquartered in Camden, New Jersey.

American Water Works Stock Down 0.3 %

AWK traded down $0.47 during trading hours on Monday, reaching $155.17. 13,282 shares of the stock traded hands, compared to its average volume of 962,260. The firm's fifty day simple moving average is $148.36 and its two-hundred day simple moving average is $153.12. The company has a market cap of $28.21 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 4.33 and a beta of 0.43. American Water Works has a fifty-two week low of $129.45 and a fifty-two week high of $189.65. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.59 and a quick ratio of 0.54.

American Water Works (NYSE:AWK - Get Rating) last announced its quarterly earnings data on Wednesday, July 27th. The utilities provider reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.05. The company had revenue of $937.00 million during the quarter, compared to analyst estimates of $979.52 million. American Water Works had a net margin of 33.99% and a return on equity of 11.06%. The firm's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same period last year, the business earned $1.14 EPS. As a group, analysts forecast that American Water Works will post 4.45 earnings per share for the current fiscal year.

American Water Works Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Tuesday, August 9th will be issued a dividend of $0.655 per share. This represents a $2.62 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Monday, August 8th. American Water Works's dividend payout ratio is currently 36.64%.

Analyst Ratings Changes

AWK has been the topic of a number of recent analyst reports. UBS Group increased their price target on shares of American Water Works from $149.00 to $159.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 2nd. Janney Montgomery Scott raised shares of American Water Works from a "neutral" rating to a "buy" rating in a research note on Friday, June 24th. Barclays cut their price target on shares of American Water Works from $172.00 to $157.00 and set an "equal weight" rating on the stock in a research note on Monday, July 18th. Northcoast Research began coverage on shares of American Water Works in a research note on Monday, July 18th. They set a "neutral" rating on the stock. Finally, Wells Fargo & Company increased their price objective on shares of American Water Works from $139.00 to $152.00 and gave the stock an "underweight" rating in a research report on Monday, July 18th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $168.00.

Insiders Place Their Bets

In other news, EVP Melanie M. Kennedy sold 693 shares of the firm's stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $152.10, for a total value of $105,405.30. Following the transaction, the executive vice president now directly owns 11,361 shares in the company, valued at approximately $1,728,008.10. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, EVP Melanie M. Kennedy sold 693 shares of the firm's stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $152.10, for a total value of $105,405.30. Following the transaction, the executive vice president now directly owns 11,361 shares in the company, valued at approximately $1,728,008.10. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Melanie M. Kennedy sold 1,029 shares of the firm's stock in a transaction dated Friday, May 20th. The stock was sold at an average price of $145.52, for a total transaction of $149,740.08. Following the completion of the transaction, the executive vice president now owns 12,054 shares in the company, valued at $1,754,098.08. The disclosure for this sale can be found here. 0.09% of the stock is owned by company insiders.