American Water Works (AWK) Projected to Post Quarterly Earnings on Wednesday

American Water Works (NYSE:AWK) will likely be posting its quarterly earnings results after the market closes on Wednesday, February 19th. Analysts expect American Water Works to post earnings of $1.13 per share and revenue of $1.11 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

American Water Works Price Performance

American Water Works stock opened at $125.17 on Wednesday. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 1.21. The firm’s 50-day simple moving average is $125.67 and its 200 day simple moving average is $135.66. American Water Works has a 52 week low of $113.34 and a 52 week high of $150.68. The firm has a market capitalization of $24.39 billion, a PE ratio of 24.79, a P/E/G ratio of 2.62 and a beta of 0.72.

American Water Works Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 7th will be issued a $0.765 dividend. This represents a $3.06 annualized dividend and a dividend yield of 2.44%. The ex-dividend date of this dividend is Friday, February 7th. American Water Works’s dividend payout ratio (DPR) is presently 60.59%.

Analysts Set New Price Targets

Several brokerages recently issued reports on AWK. JPMorgan Chase & Co. cut their price objective on American Water Works from $147.00 to $128.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Wells Fargo & Company raised American Water Works from an “underweight” rating to an “equal weight” rating and cut their price target for the stock from $133.00 to $129.00 in a report on Tuesday, January 7th. Mizuho lowered American Water Works from an “outperform” rating to a “neutral” rating and increased their price objective for the company from $131.00 to $140.00 in a research note on Tuesday, October 15th. Finally, UBS Group raised shares of American Water Works from a “neutral” rating to a “buy” rating and boosted their target price for the company from $151.00 to $155.00 in a research note on Tuesday, November 19th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $139.38.

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.