Wall Street analysts forecast that American Water Works (NYSE:AWK) will post $835.00 million in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for American Water Works’ earnings. The lowest sales estimate is $828.50 million and the highest is $840.00 million. American Water Works reported sales of $802.00 million during the same quarter last year, which indicates a positive year over year growth rate of 4.1%. The company is expected to announce its next quarterly earnings report on Tuesday, February 20th.

According to Zacks, analysts expect that American Water Works will report full-year sales of $835.00 million for the current fiscal year, with estimates ranging from $3.37 billion to $3.54 billion. For the next year, analysts forecast that the firm will post sales of $3.60 billion per share, with estimates ranging from $3.49 billion to $3.74 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow American Water Works.

American Water Works (NYSE:AWK) last released its earnings results on Wednesday, November 1st. The utilities provider reported $1.08 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.08. American Water Works had a return on equity of 9.69% and a net margin of 15.82%. The business had revenue of $936.00 million during the quarter, compared to the consensus estimate of $992.58 million. During the same period last year, the business posted $1.05 earnings per share. The business’s revenue for the quarter was up .6% on a year-over-year basis.

AWK has been the subject of a number of analyst reports. Wells Fargo & Company set a $89.00 price target on American Water Works and gave the stock a “hold” rating in a report on Thursday, October 19th. Zacks Investment Research raised American Water Works from a “sell” rating to a “hold” rating in a report on Tuesday, October 10th. Robert W. Baird raised their price target on American Water Works from $82.00 to $87.00 and gave the stock a “neutral” rating in a report on Friday, November 3rd. Janney Montgomery Scott lowered American Water Works from a “buy” rating to a “neutral” rating in a report on Friday, November 3rd. They noted that the move was a valuation call. Finally, Boenning Scattergood reaffirmed a “hold” rating on shares of American Water Works in a report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $85.63.

In related news, insider Deborah A. Degillio sold 822 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $89.75, for a total transaction of $73,774.50. Following the transaction, the insider now owns 3,659 shares in the company, valued at approximately $328,395.25. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Michael A. Sgro sold 841 shares of the business’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $90.03, for a total value of $75,715.23. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,856 shares of company stock valued at $616,700. Corporate insiders own 0.34% of the company’s stock.

A number of large investors have recently made changes to their positions in the stock. Fiduciary Trust Co. boosted its position in shares of American Water Works by 1.0% in the 2nd quarter. Fiduciary Trust Co. now owns 4,852 shares of the utilities provider’s stock worth $378,000 after purchasing an additional 50 shares in the last quarter. Atlantic Trust LLC boosted its position in shares of American Water Works by 2.1% in the 2nd quarter. Atlantic Trust LLC now owns 2,705 shares of the utilities provider’s stock worth $211,000 after purchasing an additional 55 shares in the last quarter. Carret Asset Management LLC boosted its position in shares of American Water Works by 0.8% in the 2nd quarter. Carret Asset Management LLC now owns 6,997 shares of the utilities provider’s stock worth $545,000 after purchasing an additional 57 shares in the last quarter. Homrich & Berg boosted its position in shares of American Water Works by 1.9% in the 2nd quarter. Homrich & Berg now owns 3,800 shares of the utilities provider’s stock worth $296,000 after purchasing an additional 72 shares in the last quarter. Finally, Utah Retirement Systems boosted its position in shares of American Water Works by 0.3% in the 2nd quarter. Utah Retirement Systems now owns 32,695 shares of the utilities provider’s stock worth $2,548,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 80.99% of the company’s stock.

Shares of American Water Works (AWK) opened at $91.22 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.49 and a quick ratio of 0.47. American Water Works has a 52-week low of $69.96 and a 52-week high of $91.97. The stock has a market capitalization of $16,270.00, a price-to-earnings ratio of 31.57, a price-to-earnings-growth ratio of 4.02 and a beta of 0.25.

The company also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 10th were paid a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a yield of 1.82%. The ex-dividend date was Thursday, November 9th. American Water Works’s dividend payout ratio (DPR) is currently 56.27%.

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About American Water Works

American Water Works Company, Inc is a holding company for regulated and market-based subsidiaries throughout the United States and Ontario, Canada. The Company’s Regulated Businesses segment provides water and wastewater services as public utilities in 16 states in the United States as of December 31, 2016.

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Earnings History and Estimates for American Water Works (NYSE:AWK)

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