Shares of American States Water Company (NYSE:AWR) have received an average broker rating score of 3.00 (Hold) from the four analysts that cover the stock, Zacks Investment Research reports. Four investment analysts have rated the stock with a hold recommendation.

Brokers have set a 12-month consensus target price of $42.25 for the company and are expecting that the company will post $0.45 earnings per share for the current quarter, according to Zacks. Zacks has also given American States Water an industry rank of 122 out of 265 based on the ratings given to related companies.

AWR has been the subject of several recent analyst reports. BidaskClub cut shares of American States Water from a “buy” rating to a “hold” rating in a research report on Sunday, July 16th. Zacks Investment Research cut shares of American States Water from a “hold” rating to a “sell” rating in a research report on Wednesday, April 26th. Finally, US Capital Advisors reaffirmed a “hold” rating on shares of American States Water in a research report on Monday, July 17th.

American States Water (AWR) opened at 49.95 on Thursday. The stock has a market capitalization of $1.83 billion, a P/E ratio of 29.57 and a beta of 0.46. American States Water has a 12 month low of $37.47 and a 12 month high of $50.86. The stock has a 50 day moving average price of $48.23 and a 200 day moving average price of $45.24.

American States Water (NYSE:AWR) last posted its quarterly earnings results on Tuesday, May 2nd. The utilities provider reported $0.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.02. The business had revenue of $98.81 million during the quarter, compared to the consensus estimate of $95 million. American States Water had a net margin of 14.11% and a return on equity of 12.72%. During the same quarter in the previous year, the firm posted $0.28 earnings per share. Equities analysts predict that American States Water will post $1.69 EPS for the current fiscal year.

WARNING: “Analysts Anticipate American States Water Company (AWR) to Announce $0.45 EPS” was first published by Daily Political and is the property of of Daily Political. If you are viewing this piece on another publication, it was copied illegally and reposted in violation of U.S. and international trademark & copyright legislation. The original version of this piece can be read at https://www.dailypolitical.com/2017/07/27/analysts-anticipate-american-states-water-company-awr-to-announce-0-45-eps.html.

In related news, CEO Robert J. Sprowls sold 15,200 shares of the business’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $49.00, for a total value of $744,800.00. Following the completion of the sale, the chief executive officer now directly owns 109,454 shares of the company’s stock, valued at $5,363,246. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Anne M. Holloway sold 5,450 shares of the business’s stock in a transaction on Monday, September 4th. The shares were sold at an average price of $36.95, for a total transaction of $201,377.50. Following the completion of the sale, the director now directly owns 48,963 shares of the company’s stock, valued at $1,809,182.85. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 41,597 shares of company stock valued at $1,921,310. Corporate insiders own 1.43% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its stake in shares of American States Water by 4.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,830 shares of the utilities provider’s stock worth $221,000 after buying an additional 189 shares during the period. Norges Bank bought a new stake in shares of American States Water during the fourth quarter worth $8,671,000. Teachers Advisors LLC boosted its stake in shares of American States Water by 2.7% in the fourth quarter. Teachers Advisors LLC now owns 60,650 shares of the utilities provider’s stock worth $2,763,000 after buying an additional 1,573 shares during the period. Louisiana State Employees Retirement System boosted its stake in shares of American States Water by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 14,900 shares of the utilities provider’s stock worth $660,000 after buying an additional 200 shares during the period. Finally, Pinnacle Bank bought a new stake in shares of American States Water during the first quarter worth $177,000. 67.29% of the stock is owned by hedge funds and other institutional investors.

About American States Water

American States Water Company (AWR) is a holding company. The Company is the parent company of Golden State Water Company (GSWC) and American States Utility Services, Inc (ASUS), as well as ASUS’ subsidiaries, such as Fort Bliss Water Services Company (FBWS), Terrapin Utility Services, Inc (TUS), Old Dominion Utility Services, Inc (ODUS), Palmetto State Utility Services, Inc (PSUS) and Old North Utility Services, Inc (ONUS).

Get a free copy of the Zacks research report on American States Water (AWR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for American States Water Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American States Water Company and related companies with MarketBeat.com's FREE daily email newsletter.