Why American Water Works (NYSE:AWK) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $78.31 on American Water Works (NYSE:AWK) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.83 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of American Water Works (NYSE:AWK) stands at 27.88.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For American Water Works Company, I, the PEG ratio for coming 3-5 years is 3.55.

Technical Analysis

The technical analysis highlights that American Water Works Company, I current is trading $-4.27 points away or -5.29% from its 50-day moving average of $80.71. Further it is trading $2.67 or +3.62% away its 200-day moving average of $73.77.

The 52-week high of American Water Works (NYSE:AWK) was $85.24 while lowest point recorded in 52-week was $50.16. It implies if stock price makes a movement of over $-8.80, it will record a new 52-week high. In the case of +52.39% drop, it will touch a new 52-week low.

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