Shares of American Water Works Company Inc (NYSE:AWK) have been given a consensus recommendation of “Buy” by the eleven research firms that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $99.35.

Several equities analysts have recently weighed in on AWK shares. Janney Montgomery Scott lifted their price objective on American Water Works from $96.00 to $102.00 and gave the company a “buy” rating in a report on Wednesday, December 12th. Zacks Investment Research upgraded American Water Works from a “hold” rating to a “buy” rating and set a $109.00 price objective on the stock in a report on Friday, December 7th. Wells Fargo & Co reiterated a “buy” rating on shares of American Water Works in a report on Wednesday, February 20th. Finally, Bank of America lifted their price objective on American Water Works from $92.00 to $103.00 and gave the company a “neutral” rating in a report on Thursday, February 21st.

NYSE:AWK opened at $104.99 on Friday. American Water Works has a fifty-two week low of $77.73 and a fifty-two week high of $105.79. The company has a current ratio of 0.37, a quick ratio of 0.35 and a debt-to-equity ratio of 1.29. The stock has a market cap of $18.96 billion, a PE ratio of 31.82, a price-to-earnings-growth ratio of 3.65 and a beta of 0.25.

American Water Works (NYSE:AWK) last released its quarterly earnings data on Tuesday, February 19th. The utilities provider reported $0.69 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.69. American Water Works had a return on equity of 10.36% and a net margin of 16.48%. The business had revenue of $850.00 million for the quarter, compared to analysts’ expectations of $823.93 million. During the same quarter in the previous year, the business posted $0.69 EPS. American Water Works’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, equities analysts expect that American Water Works will post 3.58 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Larson Financial Group LLC bought a new stake in American Water Works in the 4th quarter valued at approximately $28,000. Financial Gravity Companies Inc. bought a new stake in American Water Works in the 4th quarter valued at approximately $32,000. Capital Financial Planning LLC bought a new stake in American Water Works in the 4th quarter valued at approximately $31,000. Ruggie Capital Group bought a new stake in American Water Works in the 4th quarter valued at approximately $31,000. Finally, JNBA Financial Advisors bought a new stake in American Water Works in the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 84.10% 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 and Canada. It offers water and wastewater services to approximately 1,600 communities in 16 states. The company operates approximately 72 surface water treatment plants; 527 groundwater treatment plants; 8 combined treatment plants; 127 wastewater treatment plants; 50,382 miles of transmission, distribution, and collection mains and pipes; 1,103 groundwater wells; 1,428 water and wastewater pumping stations; 1,313 treated water storage facilities; and 80 dams.

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Analyst Recommendations for American Water Works (NYSE:AWK)

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