American States Water (NYSE:AWR) is scheduled to be posting its quarterly earnings results after the market closes on Monday, April 30th. Analysts expect American States Water to post earnings of $0.37 per share for the quarter.
American States Water (NYSE:AWR) last issued its quarterly earnings data on Monday, February 26th. The utilities provider reported $0.35 EPS for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.02). The company had revenue of $104.18 million for the quarter, compared to analyst estimates of $121.02 million. American States Water had a net margin of 15.74% and a return on equity of 13.50%. The business’s revenue was down 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.30 EPS. On average, analysts expect American States Water to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NYSE AWR opened at $55.30 on Monday. The company has a current ratio of 0.99, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. The stock has a market cap of $2,030.37, a PE ratio of 29.26, a P/E/G ratio of 6.23 and a beta of 0.38. American States Water has a 52 week low of $43.08 and a 52 week high of $60.00.
A number of research analysts have recently commented on the company. Zacks Investment Research lowered American States Water from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. ValuEngine raised American States Water from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Finally, UBS assumed coverage on American States Water in a report on Thursday, March 8th. They set a “sell” rating and a $42.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. American States Water currently has a consensus rating of “Hold” and an average price target of $51.00.
In other American States Water news, Director Diana M. Bonta sold 1,797 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $51.05, for a total value of $91,736.85. Following the sale, the director now owns 21,676 shares of the company’s stock, valued at approximately $1,106,559.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lloyd E. Ross sold 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, April 5th. The shares were sold at an average price of $52.59, for a total value of $57,849.00. Following the completion of the sale, the director now directly owns 49,694 shares in the company, valued at approximately $2,613,407.46. The disclosure for this sale can be found here. Insiders sold a total of 4,381 shares of company stock worth $226,446 in the last ninety days. Insiders own 1.41% of the company’s stock.
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American States Water Company Profile
American States Water Company, through its subsidiaries, provides water and electric services to residential, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity.
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