Share on StockTwits

American Water Works Company (NYSE:AWK)‘s stock had its “neutral” rating restated by stock analysts at Credit Suisse in a report issued on Friday. They currently have a $49.00 target price on the stock, up from their previous target price of $45.00. Credit Suisse’s price target points to a potential upside of 5.26% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Janney Montgomery Scott reiterated a “fair value” rating on shares of American Water Works Company in a research note on Friday, May 30th. They now have a $54.00 price target on the stock, up previously from $50.00. Analysts at Boenning Scattergood raised their price target on shares of American Water Works Company from $47.00 to $53.00 in a research note on Wednesday, May 14th. They now have an “outperform” rating on the stock. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $51.78.

Shares of American Water Works Company (NYSE:AWK) traded up 3.03% during mid-day trading on Friday, hitting $47.96. The stock had a trading volume of 721,162 shares. American Water Works Company has a one year low of $39.05 and a one year high of $49.55. The stock’s 50-day moving average is $48.34 and its 200-day moving average is $46.06. The company has a market cap of $8.578 billion and a P/E ratio of 21.54.

American Water Works Company (NYSE:AWK) last announced its earnings results on Wednesday, August 6th. The company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.01. The company had revenue of $759.00 million for the quarter, compared to the consensus estimate of $780.41 million. During the same quarter in the prior year, the company posted $0.57 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis. On average, analysts predict that American Water Works Company will post $2.42 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend is Thursday, August 7th.

American Water Works Company, Inc (NYSE:AWK) is a water and wastewater utility company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.