Equities Analysts Set Expectations for American Water Works Company, Inc.’s Q1 2022 Earnings (NYSE:AWK)

American Water Works Company, Inc. (NYSE:AWKGet Rating) – Seaport Res Ptn issued their Q1 2022 earnings per share estimates for shares of American Water Works in a research report issued to clients and investors on Tuesday, April 26th. Seaport Res Ptn analyst A. Storozynski forecasts that the utilities provider will post earnings per share of $0.75 for the quarter.

AWK has been the topic of a number of other research reports. Zacks Investment Research raised shares of American Water Works from a “sell” rating to a “hold” rating and set a $163.00 price target on the stock in a report on Wednesday, February 9th. HSBC raised shares of American Water Works from a “hold” rating to a “buy” rating and cut their price target for the stock from $190.00 to $182.00 in a report on Wednesday, February 23rd. StockNews.com began coverage on shares of American Water Works in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Wells Fargo & Company raised their target price on shares of American Water Works from $148.00 to $156.00 and gave the stock an “underweight” rating in a research report on Tuesday, April 19th. Finally, UBS Group raised shares of American Water Works from a “sell” rating to a “neutral” rating and lowered their price target for the company from $164.00 to $161.00 in a research report on Monday, February 7th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, American Water Works presently has an average rating of “Hold” and a consensus target price of $174.00.

AWK opened at $160.68 on Friday. The stock has a market cap of $29.20 billion, a price-to-earnings ratio of 23.12, a PEG ratio of 4.60 and a beta of 0.41. The company has a quick ratio of 0.70, a current ratio of 0.73 and a debt-to-equity ratio of 1.42. The company’s 50-day moving average price is $159.61 and its two-hundred day moving average price is $166.27. American Water Works has a twelve month low of $144.20 and a twelve month high of $189.65.

American Water Works (NYSE:AWKGet Rating) last announced its quarterly earnings data on Wednesday, April 27th. The utilities provider reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.10. American Water Works had a net margin of 32.14% and a return on equity of 11.25%. During the same quarter last year, the company earned $0.73 EPS.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 1st. Investors of record on Tuesday, May 10th will be issued a $0.655 dividend. This represents a $2.62 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend is Monday, May 9th. This is an increase from American Water Works’s previous quarterly dividend of $0.60. American Water Works’s dividend payout ratio is 34.68%.

Several institutional investors have recently made changes to their positions in the stock. Compagnie Lombard Odier SCmA purchased a new stake in shares of American Water Works in the fourth quarter valued at approximately $25,000. First PREMIER Bank acquired a new position in shares of American Water Works in the 1st quarter valued at $25,000. Industrial Alliance Investment Management Inc. acquired a new position in American Water Works during the 4th quarter worth about $31,000. Quent Capital LLC acquired a new position in American Water Works during the 4th quarter worth about $32,000. Finally, Dixon Hughes Goodman Wealth Advisors LLC purchased a new stake in American Water Works during the 1st quarter worth about $33,000. Hedge funds and other institutional investors own 82.76% of the company’s stock.

American Water Works Company Profile (Get Rating)

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.

Further Reading

Earnings History and Estimates for American Water Works (NYSE:AWK)

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