Business Wire (Thu, 9-May 7:01 PM ET)
Analysts Conflicted on These Utilities Names: American Water (AWK) and Nisource (NI)
TipRanks (Thu, 9-May 5:21 AM ET)
Illinois American Water's 2023 Water Quality Reports Available Online
Business Wire (Wed, 8-May 8:00 AM ET)
Business Wire (Tue, 7-May 4:16 PM ET)
Business Wire (Mon, 6-May 3:20 PM ET)
Business Wire (Mon, 6-May 2:02 PM ET)
Business Wire (Sun, 5-May 10:00 AM ET)
Goldman’s top 50 Stable Growth stocks
Seeking Alpha News (Sun, 5-May 9:52 AM ET)
Business Wire (Fri, 3-May 10:53 AM ET)
Business Wire (Thu, 2-May 5:59 PM ET)
American Water Works is the largest investor-owned us water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets. The company's nonregulated business is water services for military bases, which operates under long-term contracts with regulated-like returns.
American Water Works Company trades on the NYSE stock market under the symbol AWK.
As of May 9, 2024, AWK stock price climbed to $134.38 with 1,195,385 million shares trading.
AWK has a beta of 0.73, meaning it tends to be less sensitive to market movements. AWK has a correlation of 0.16 to the broad based SPY ETF.
AWK has a market cap of $26.18 billion. This is considered a Large Cap stock.
Last quarter American Water Works Company reported $1 billion in Revenue and $.95 earnings per share. This beat revenue expectation by $29 million and missed earnings estimates by -$.03.
In the last 3 years, AWK stock traded as high as $189.65 and as low as $113.34.
The top ETF exchange traded funds that AWK belongs to (by Net Assets): VTI, VOO, VO, XLU, SPY.
AWK stock has underperformed the market in the last year with a return of -7.4%, while SPY returned +27.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AWK shares. However, AWK has outperformed the market in the last 3 month and 2 week periods, returning +10.3% and +10.7%, while SPY returned +4.7% and +2.9%, respectively. This indicates AWK has been having a stronger performance recently.
AWK support price is $131.14 and resistance is $134.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AWK stock will trade within this expected range on the day.