American States Water Co (NYSE: AWR) is -3.65% lower on its value in year-to-date trading and has touched a low of $66.03 and a high of $87.50 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 AWR stock was last observed hovering at around $75.49 in the last trading session, with the day’s loss setting it -0.61%.
Currently trading at $74.88, the stock is -1.42% and -7.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.24 million and changing -0.81% at the moment leaves the stock -4.66% off its SMA200. AWR registered -2.79% loss for a year compared to 6-month gain of -5.95%. The firm has a 50-day simple moving average (SMA 50) of $80.9752 and a 200-day simple moving average (SMA200) of $78.53825.
The stock witnessed a -10.33% loss in the last 1 month and extending the period to 3 months gives it a -14.17%, and is 5.70% 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 1.93% over the week and 1.95% over the month.
American States Water Co (AWR) has around 815 employees, a market worth around $2.83B and $577.54M in sales. Current P/E ratio is 25.20 and Fwd P/E is 22.54. Profit margin for the company is 19.20%. Distance from 52-week low is 13.40% and -14.42% from its 52-week high. The company has generated returns on investments over the last 12 months (6.73%).
with sales reaching $160.17M over the same period.The EPS is expected to grow by 5.98% this year, but quarterly earnings will post 2.36% year-over-year. Quarterly sales are estimated to grow 27.95% in year-over-year returns.
American States Water Co (AWR) Top Institutional Holders
477.0 institutions hold shares in American States Water Co (AWR), with institutional investors hold 81.35% of the company’s shares. The shares outstanding are 37.80M, and float is at 37.45M with Short Float at 1.88%. Institutions hold 80.69% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.61 million shares valued at $479.73 million. The investor’s holdings represent 17.8521% of the AWR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.72 million shares valued at $342.76 million to account for 12.7549 of the shares outstanding. The other top investors are STATE STREET CORP which holds 2.1 million shares representing 5.6747% and valued at over $152.49 million, while FIRST TRUST ADVISORS LP holds 2.9574 of the shares totaling 1.1 million with a market value of $79.47 million.
American States Water Co (AWR) Insider Activity
The most recent transaction is an insider sale by HOLLOWAY ANNE M, the company’s Director. SEC filings show that HOLLOWAY ANNE M sold 500 shares of the company’s common stock on Aug 22 ’24 at a price of $80.89 per share for a total of $40445.0. Following the sale, the insider now owns 38519.0 shares.
Still, SEC filings show that on May 30 ’24, Hopkins Mary Ann (Director) acquired 560 shares at an average price of $71.53 for $40057.0. The insider now directly holds 3,606 shares of American States Water Co (AWR).
