American Water Works (AWK) Scheduled to Post Earnings on Wednesday

American Water Works (NYSE:AWK) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $1.00 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

American Water Works (NYSE:AWK) last issued its quarterly earnings results on Thursday, February 15th. The utilities provider reported $0.88 earnings per share for the quarter, topping 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 the consensus estimate of $1.02 billion. During the same period last year, the company earned $0.81 earnings per share. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. On average, analysts expect American Water Works to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

American Water Works Stock Performance

NYSE:AWK opened at $119.86 on Wednesday. The firm has a market cap of $23.35 billion, a price-to-earnings ratio of 24.51, a price-to-earnings-growth ratio of 2.83 and a beta of 0.63. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.65 and a quick ratio of 0.59. American Water Works has a 1-year low of $113.34 and a 1-year high of $152.99. The firm’s fifty day moving average price is $119.20 and its 200 day moving average price is $124.22.

Insider Transactions at American Water Works

In related news, EVP Melanie M. Kennedy sold 843 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $119.59, for a total value of $100,814.37. Following the completion of the transaction, the executive vice president now directly owns 16,240 shares of the company’s stock, valued at approximately $1,942,141.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. StockNews.com cut American Water Works from a “hold” rating to a “sell” rating in a report on Wednesday, April 3rd. Evercore ISI lowered shares of American Water Works from an “outperform” rating to an “in-line” rating and decreased their target price for the stock from $160.00 to $135.00 in a research report on Friday, February 16th.

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.