Q4 2024 EPS Estimates for American Water Works Company, Inc. (NYSE:AWK) Boosted by Zacks Research

American Water Works Company, Inc. (NYSE:AWK) – Investment analysts at Zacks Research upped their Q4 2024 earnings per share estimates for shares of American Water Works in a report issued on Tuesday, April 16th. Zacks Research analyst J. Saha now forecasts that the utilities provider will post earnings per share of $0.99 for the quarter, up from their previous estimate of $0.98. The consensus estimate for American Water Works’ current full-year earnings is $5.24 per share. Zacks Research also issued estimates for American Water Works’ Q1 2025 earnings at $1.15 EPS and Q3 2025 earnings at $1.83 EPS.

American Water Works (NYSE:AWK) last announced its earnings results on Thursday, February 15th. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.04. American Water Works had a return on equity of 9.70% and a net margin of 22.30%. The business had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter last year, the firm earned $0.81 EPS. The business’s revenue for the quarter was up 10.8% on a year-over-year basis.

Several other analysts have also commented on AWK. Evercore ISI lowered American Water Works from an “outperform” rating to an “in-line” rating and decreased their price objective for the company from $160.00 to $135.00 in a report on Friday, February 16th. StockNews.com lowered American Water Works from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd.

American Water Works Stock Performance

Shares of AWK opened at $115.40 on Thursday. American Water Works has a 12 month low of $113.34 and a 12 month high of $152.99. The stock has a fifty day moving average price of $119.45 and a 200-day moving average price of $124.18. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.20. The firm has a market cap of $22.48 billion, a PE ratio of 23.60, a P/E/G ratio of 2.77 and a beta of 0.63.

Insider Buying and Selling

In other American Water Works news, EVP Melanie M. Kennedy sold 843 shares of American Water Works stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $119.59, for a total transaction of $100,814.37. Following the completion of the transaction, the executive vice president now owns 16,240 shares in the company, valued at approximately $1,942,141.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.08% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On American Water Works

Institutional investors have recently modified their holdings of the stock. Thrivent Financial for Lutherans grew its position in shares of American Water Works by 1.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 8,088 shares of the utilities provider’s stock valued at $1,053,000 after acquiring an additional 78 shares during the period. Diversified LLC grew its position in shares of American Water Works by 3.2% during the 4th quarter. Diversified LLC now owns 2,547 shares of the utilities provider’s stock valued at $336,000 after acquiring an additional 80 shares during the period. Sunbelt Securities Inc. grew its position in shares of American Water Works by 1.8% during the 2nd quarter. Sunbelt Securities Inc. now owns 4,548 shares of the utilities provider’s stock valued at $649,000 after acquiring an additional 82 shares during the period. Brookstone Capital Management grew its position in shares of American Water Works by 4.8% during the 4th quarter. Brookstone Capital Management now owns 1,809 shares of the utilities provider’s stock valued at $239,000 after acquiring an additional 83 shares during the period. Finally, Headlands Technologies LLC grew its position in shares of American Water Works by 10.4% during the 4th quarter. Headlands Technologies LLC now owns 894 shares of the utilities provider’s stock valued at $118,000 after acquiring an additional 84 shares during the period. Hedge funds and other institutional investors own 86.58% of the company’s stock.

About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems.