American Water Works Co. Inc. (NYSE: AWK) is -7.95% lower on its value in year-to-date trading and has touched a low of $114.25 and a high of $153.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AWK stock was last observed hovering at around $117.84 in the last trading session, with the day’s gains setting it 3.66%.
Currently trading at $121.50, the stock is 2.34% and 0.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.81 million and changing 3.11% at the moment leaves the stock -7.32% off its SMA200. AWK registered -14.24% loss for a year compared to 6-month loss of -6.28%. The firm has a 50-day simple moving average (SMA 50) of $8.45 and a 200-day simple moving average (SMA200) of $15.16.
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The stock witnessed a 2.94% gain in the last 1 month and extending the period to 3 months gives it a -8.14%, and is 2.89% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.77% over the week and 1.97% over the month.
American Water Works Co. Inc. (AWK) has around 6500 employees, a market worth around $23.66B and $4.23B in sales. Current P/E ratio is 24.88 and Fwd P/E is 21.45. Profit margin for the company is 22.30%. Distance from 52-week low is 6.35% and -20.81% from its 52-week high. The company has generated returns on investments over the last 12 months (4.37%).
American Water Works Co. Inc. quarterly earnings per share for the current quarter are estimated at $0.99 with sales reaching $984.75M over the same period.The EPS is expected to grow by 6.76% this year, but quarterly earnings will post 4.50% year-over-year. Quarterly sales are estimated to grow 5.00% in year-over-year returns.
1,545 institutions hold shares in American Water Works Co. Inc. (AWK), with institutional investors hold 91.77% of the company’s shares. The shares outstanding are 194.73M, and float is at 194.19M with Short Float at 1.37%. Institutions hold 91.58% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 24.25 million shares valued at $3.46 billion. The investor’s holdings represent 12.46% of the AWK Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 17.53 million shares valued at $2.5 billion to account for 9.00% of the shares outstanding. The other top investors are State Street Corporation which holds 11.02 million shares representing 5.66% and valued at over $1.57 billion, while Pictet Asset Management SA holds 3.15% of the shares totaling 6.13 million with a market value of $875.32 million.
American Water Works Co. Inc. (AWK) Insider Activity
The most recent transaction is an insider sale by Kennedy Melanie M, the company’s EVP, CHRO. SEC filings show that Kennedy Melanie M sold 843 shares of the company’s common stock on Mar 04 ’24 at a price of $119.59 per share for a total of $0.1 million. Following the sale, the insider now owns 16240.0 shares.
American Water Works Co. Inc. disclosed in a document filed with the SEC on Nov 06 ’23 that Marberry Michael (Director) bought a total of 3,786 shares of the company’s common stock. The trade occurred on Nov 06 ’23 and was made at $130.20 per share for $0.49 million. Following the transaction, the insider now directly holds 7459.0 shares of the AWK stock.
Still, SEC filings show that on Aug 28 ’23, GOSS MARTHA CLARK (Director) acquired 56 shares at an average price of $141.07 for $7900.0. The insider now directly holds 35,960 shares of American Water Works Co. Inc. (AWK).
