In the past week, AWK stock has gone up by 1.37%, with a monthly gain of 1.83% and a quarterly surge of 14.18%. The volatility ratio for the week is 1.47%, and the volatility levels for the last 30 days are 1.55% for American Water Works Co. Inc. The simple moving average for the last 20 days is -0.28% for AWK stock, with a simple moving average of 11.76% for the last 200 days.
Is It Worth Investing in American Water Works Co. Inc. (NYSE: AWK) Right Now?
American Water Works Co. Inc. (NYSE: AWK) has a higher price-to-earnings ratio of 29.80x compared to its average ratio. AWK has 36-month beta value of 0.69. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 3 as “overweight,” 9 as “hold,” and 0 as “sell.”
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The public float for AWK is 194.49M, and currently, short sellers hold a 2.29% ratio of that float. The average trading volume of AWK on October 03, 2024 was 931.40K shares.
AWK) stock’s latest price update
American Water Works Co. Inc. (NYSE: AWK) has seen a rise in its stock price by 0.30 in relation to its previous close of 145.67. However, the company has experienced a 1.37% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-10-02 that BEL AIR, Md.–(BUSINESS WIRE)–Maryland American Water announced today it has received approval from the Maryland Public Service Commission (PSC) to acquire the drinking water assets of the Severn Water Company for approximately $1.6 million. This acquisition is the first to be completed by Maryland American Water under the fair market value legislation enacted by the Maryland General Assembly in 2018. “We are pleased with the PSC’s order and look forward to welcoming the 1,685 customers previo.
Analysts’ Opinion of AWK
Many brokerage firms have already submitted their reports for AWK stocks, with BofA Securities repeating the rating for AWK by listing it as a “Underperform.” The predicted price for AWK in the upcoming period, according to BofA Securities is $140 based on the research report published on September 20, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see AWK reach a price target of $138, previously predicting the price at $127. The rating they have provided for AWK stocks is “Underweight” according to the report published on July 31st, 2024.
Evercore ISI gave a rating of “In-line” to AWK, setting the target price at $135 in the report published on February 16th of the current year.
AWK Trading at 1.53% from the 50-Day Moving Average
After a stumble in the market that brought AWK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.04% of loss for the given period.
Volatility was left at 1.55%, however, over the last 30 days, the volatility rate increased by 1.47%, as shares surge +1.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.99% upper at present.
During the last 5 trading sessions, AWK rose by +1.37%, which changed the moving average for the period of 200-days by +8.63% in comparison to the 20-day moving average, which settled at $146.60. In addition, American Water Works Co. Inc. saw 10.69% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AWK starting from GOSS MARTHA CLARK, who sale 710 shares at the price of $142.85 back on Sep 03 ’24. After this action, GOSS MARTHA CLARK now owns 36,880 shares of American Water Works Co. Inc., valued at $101,424 using the latest closing price.
MARTHA CLARK GOSS, the Director of American Water Works Co. Inc., proposed sale 710 shares at $142.85 during a trade that took place back on Sep 03 ’24, which means that MARTHA CLARK GOSS is holding shares at $101,424 based on the most recent closing price.
Stock Fundamentals for AWK
Current profitability levels for the company are sitting at:
- 0.36 for the present operating margin
- 0.51 for the gross margin
The net margin for American Water Works Co. Inc. stands at 0.22. The total capital return value is set at 0.05. Equity return is now at value 9.63, with 3.15 for asset returns.
Based on American Water Works Co. Inc. (AWK), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.29. The interest coverage ratio of the stock is 3.17.
Currently, EBITDA for the company is 2.36 billion with net debt to EBITDA at 5.53. When we switch over and look at the enterprise to sales, we see a ratio of 9.54. The receivables turnover for the company is 5.83for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.64.
Conclusion
To put it simply, American Water Works Co. Inc. (AWK) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
