Media coverage about American Water Works (NYSE:AWK) has trended somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American Water Works earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 46.775059850698 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s analysis:
- Illinois American Water’s Streator District Celebrates over 9 Years of Excellence in Safety (finance.yahoo.com)
- Impax Asset Management LTD Sells 49,002 Shares of American Water Works Company Inc (AWK) (americanbankingnews.com)
- Is American Water Works a Buy? (finance.yahoo.com)
- First Trust Advisors LP Has $12.46 Million Stake in American Water Works Company Inc (AWK) (americanbankingnews.com)
- Kentucky American Water Acquires Water Assets of Eastern Rockcastle Water Association in Livingston (finance.yahoo.com)
Several equities analysts recently commented on the company. Robert W. Baird restated a “neutral” rating and set a $88.00 target price (down previously from $91.00) on shares of American Water Works in a research report on Thursday, February 22nd. Guggenheim downgraded American Water Works from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 2nd. Wells Fargo & Co upgraded American Water Works from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $80.63 to $88.00 in a research report on Monday. Bank of America set a $84.00 target price on American Water Works and gave the stock a “hold” rating in a research report on Thursday, February 22nd. Finally, Zacks Investment Research upgraded American Water Works from a “hold” rating to a “buy” rating and set a $101.00 target price for the company in a research report on Tuesday, December 19th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $88.88.
American Water Works (NYSE:AWK) last issued its quarterly earnings data on Tuesday, February 20th. The utilities provider reported $0.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.03. American Water Works had a return on equity of 10.03% and a net margin of 12.69%. The firm had revenue of $821.00 million during the quarter, compared to the consensus estimate of $843.36 million. During the same quarter in the previous year, the company posted $0.57 EPS. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. sell-side analysts forecast that American Water Works will post 3.25 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Wednesday, February 7th will be given a $0.415 dividend. The ex-dividend date of this dividend is Tuesday, February 6th. This represents a $1.66 annualized dividend and a yield of 2.10%. American Water Works’s payout ratio is 53.90%.
American Water Works Company Profile
American Water Works Company, Inc is a holding company for regulated and market-based subsidiaries throughout the United States and Ontario, Canada. The Company’s Regulated Businesses segment provides water and wastewater services as public utilities in 16 states in the United States as of December 31, 2016.
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