American Water Works (NYSE:AWK) issued an update on its FY17 earnings guidance on Monday morning. The company provided EPS guidance of 3.00-3.06 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.01. American Water Works also updated its FY18 guidance to $3.22-3.32 EPS.

Shares of American Water Works (NYSE:AWK) opened at $89.32 on Wednesday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.47 and a current ratio of 0.49. The stock has a market cap of $16,455.13, a PE ratio of 31.81, a PEG ratio of 4.04 and a beta of 0.27. American Water Works has a 1-year low of $69.96 and a 1-year high of $92.37.

American Water Works (NYSE:AWK) last announced its quarterly earnings results on Wednesday, November 1st. The utilities provider reported $1.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.08. The firm had revenue of $936.00 million for the quarter, compared to the consensus estimate of $992.58 million. American Water Works had a net margin of 15.82% and a return on equity of 9.69%. The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.05 EPS. sell-side analysts forecast that American Water Works will post 3.01 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Wednesday, February 7th will be issued a dividend of $0.415 per share. This represents a $1.66 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date is Tuesday, February 6th. American Water Works’s payout ratio is presently 56.27%.

AWK has been the topic of a number of recent analyst reports. Bank of America initiated coverage on shares of American Water Works in a report on Tuesday, October 24th. They set a buy rating and a $95.00 price target on the stock. Boenning Scattergood reissued a hold rating on shares of American Water Works in a report on Thursday, November 2nd. Wells Fargo & Company set a $89.00 price objective on shares of American Water Works and gave the stock a hold rating in a report on Thursday, October 19th. Zacks Investment Research raised shares of American Water Works from a sell rating to a hold rating in a report on Tuesday, October 10th. Finally, Robert W. Baird reissued a hold rating and issued a $82.00 price objective on shares of American Water Works in a report on Sunday, October 1st. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company’s stock. American Water Works presently has a consensus rating of Hold and an average target price of $85.63.

In other American Water Works news, EVP Michael A. Sgro sold 841 shares of American Water Works stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $90.03, for a total transaction of $75,715.23. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Walter Lynch sold 5,000 shares of American Water Works stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $89.95, for a total transaction of $449,750.00. Following the transaction, the chief operating officer now directly owns 97,667 shares in the company, valued at approximately $8,785,146.65. The disclosure for this sale can be found here. Insiders have sold 6,856 shares of company stock worth $616,700 in the last ninety days. Insiders own 0.34% of the company’s stock.

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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.

Earnings History and Estimates for American Water Works (NYSE:AWK)

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