American States Water (AWR) Getting Somewhat Favorable Press Coverage, Analysis Shows
Headlines about American States Water (NYSE:AWR) have trended somewhat positive on Wednesday, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. American States Water earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 45.2446733956187 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- Worth Watching Stocks in the News: Athene Holding Ltd., (NYSE:ATH), American States Water Company, (NYSE:AWR) – Stocks In The News (press release) (tradingnewsnow.com)
- American States Water Company announces privatization contract award for Fort Riley, Kansas – WaterWorld (waterworld.com)
- Zacks: American States Water Company (AWR) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- Wash poor in a water-rich country a diagnostic of water, sanitation, hygiene, and poverty in the Democratic Republic of Congo (environmentguru.com)
- American States Water Company (AWR) Director Sells $31,032.00 in Stock (americanbankingnews.com)
Shares of American States Water (NYSE:AWR) traded up 0.68% during mid-day trading on Wednesday, reaching $52.92. The company had a trading volume of 34,419 shares. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 28.45 and a beta of 0.45. The company has a 50 day moving average price of $50.26 and a 200 day moving average price of $47.72. American States Water has a one year low of $37.47 and a one year high of $53.40.
American States Water (NYSE:AWR) last issued its earnings results on Wednesday, August 2nd. The utilities provider reported $0.62 EPS for the quarter, beating the consensus estimate of $0.45 by $0.17. American States Water had a return on equity of 13.70% and a net margin of 15.44%. The business had revenue of $113.20 million for the quarter, compared to the consensus estimate of $119.23 million. During the same period last year, the business posted $0.45 EPS. The company’s revenue was up 1.1% compared to the same quarter last year. On average, analysts anticipate that American States Water will post $1.70 EPS for the current year.
A number of brokerages recently commented on AWR. BidaskClub lowered American States Water from a “buy” rating to a “hold” rating in a report on Sunday, July 16th. Wells Fargo & Company lifted their price target on American States Water from $46.00 to $48.00 and gave the stock a “market perform” rating in a report on Tuesday, October 3rd. Zacks Investment Research lowered American States Water from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Finally, US Capital Advisors reiterated a “hold” rating on shares of American States Water in a report on Monday, July 17th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $44.50.
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In other American States Water news, Director James L. Anderson sold 1,750 shares of the stock in a transaction on Friday, August 18th. The stock was sold at an average price of $49.10, for a total transaction of $85,925.00. Following the sale, the director now directly owns 37,046 shares in the company, valued at approximately $1,818,958.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Anne M. Holloway sold 5,450 shares of the stock in a transaction on Monday, September 4th. The shares were sold at an average price of $36.95, for a total value of $201,377.50. Following the sale, the director now owns 48,963 shares in the company, valued at $1,809,182.85. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 32,605 shares of company stock worth $1,572,067. Company insiders own 1.49% of the company’s stock.
American States Water Company Profile
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).
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