AWR Stock Summary and Trading Ideas (American States Water Company | NYSE:AWR)

American States Water Co is water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and Bear Valley Electric Service, Inc while contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services from commercial and residential customers.

American States Water Company trades on the NYSE stock market under the symbol AWR.

As of April 18, 2024, AWR stock price climbed to $67.97 with 192,227 million shares trading.

AWR has a beta of 0.58, meaning it tends to be less sensitive to market movements. AWR has a correlation of 0.12 to the broad based SPY ETF.

AWR has a market cap of $2.51 billion. This is considered a Mid Cap stock.

Last quarter American States Water Company reported $125 million in Revenue and $.55 earnings per share. This fell short of revenue expectation by $-7 million and exceeded earnings estimates by $.02.

In the last 3 years, AWR stock traded as high as $103.77 and as low as $66.03.

The top ETF exchange traded funds that AWR belongs to (by Net Assets): IJR, VTI, VB, IWM, FVD.

AWR has underperformed the market in the last year with a return of -23.1%, while the SPY ETF gained +22.3%. In the last 3 month period, AWR fell short of the market, returning -11.2%, while SPY returned +6.1%. However, in the most recent 2 weeks AWR has outperformed the stock market by returning -2.3%, while SPY returned -3.8%.

AWR support price is $66.27 and resistance is $68.04 (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 AWR stock will trade within this expected range on the day.