What Are The Chances Of American Water Works Co. Inc. (NYSE: AWK) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that American Water Charitable Foundation Announces National Partnership With American Red Cross With $250,000 Donation.

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Stocks Info

As a NYSE listed company, AWK falls under the Utilities sector while operating within the Utilities – Regulated Water industry segment. The current market capitalization of American Water Works Co. Inc. is $23.16B. A total of 1.1 million shares were traded on the day, compared to an average of 1.45M shares.

In the most recent transaction, Kennedy Melanie M sold 843 shares of AWK for 119.59 per share on Mar 04 ’24. After the transaction, the EVP, CHRO now owns 16,240 company shares. In a previous transaction on Nov 06 ’23, Marberry Michael bought 3,786 shares at 130.20 per share. AWK shares that Director owns now total 7,459.

Among the insiders who bought shares, GOSS MARTHA CLARK acquired of 56 shares on Aug 28 ’23 at a per-share price of $141.07. This resulted in the Director holding 35,960 shares of AWK after the transaction. In another insider transaction, Marberry Michael bought 1,400 shares at $142.35 per share on May 18 ’23. Company shares held by the Director now total 3,673.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. American Water Works Co. Inc. pays an annual dividend of $2.83, resulting in a dividend yield of 2.38%, and it has a price to earnings (P/E) ratio of 24.35. AWK’s most recent ex-dividend date was 2/7/2024 when it declared a $0.7075 quarterly dividend that was paid in cash on 3/1/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 11/13/2023. The AWK stock dividend was $0.7075 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, AWK has a high of $153.43 and a low of $114.25.

As of this writing, AWK has an earnings estimate of $0.99 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.05 per share and a lower estimate of $0.94. The company reported an EPS of $1.66 in the last quarter, which was 0.60% higher than expectations of $1.65.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. AWK’s latest balance sheet shows that the firm has $116.00M in Cash & Short Term Investments as of fiscal 2021. There were $11.06B in debt and $2.14B in liabilities at the time. Its Book Value Per Share was $50.31, while its Total Shareholder’s Equity was $7.30B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AWK is Buy with a score of 3.55.

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