American Water Works Company, Inc. (NYSE:AWK) Receives $141.86 Average Price Target from Brokerages

American Water Works Company, Inc. (NYSE:AWK) has earned a consensus recommendation of “Hold” from the eight research firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $141.86.

Several research firms recently commented on AWK. JPMorgan Chase & Co. dropped their price objective on American Water Works from $147.00 to $128.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 28th. StockNews.com upgraded American Water Works from a “sell” rating to a “hold” rating in a research note on Friday, April 4th. Finally, Wells Fargo & Company boosted their price objective on American Water Works from $133.00 to $142.00 and gave the company an “equal weight” rating in a research note on Thursday, March 13th.

American Water Works Trading Up 2.0 %

Shares of American Water Works stock opened at $146.06 on Monday. The stock has a fifty day moving average price of $137.81 and a 200-day moving average price of $134.14. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.39 and a quick ratio of 0.35. The firm has a market cap of $28.48 billion, a PE ratio of 27.10, a P/E/G ratio of 2.80 and a beta of 0.68. American Water Works has a 1 year low of $113.34 and a 1 year high of $155.50.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, February 19th. The utilities provider reported $1.22 EPS for the quarter, topping the consensus estimate of $1.13 by $0.09. American Water Works had a net margin of 22.44% and a return on equity of 10.29%. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.11 billion. Equities research analysts anticipate that American Water Works will post 5.71 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in AWK. Crews Bank & Trust purchased a new stake in shares of American Water Works in the fourth quarter worth about $26,000. Providence First Trust Co bought a new stake in American Water Works during the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC purchased a new position in American Water Works during the 4th quarter valued at about $28,000. Capital A Wealth Management LLC bought a new position in American Water Works during the 4th quarter valued at approximately $33,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in American Water Works by 54.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 293 shares of the utilities provider’s stock worth $36,000 after buying an additional 103 shares during the period. Institutional investors own 86.58% of the company’s stock.

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.