Positive News Coverage Somewhat Unlikely to Affect American Water Works (AWK) Stock Price

News stories about American Water Works (NYSE:AWK) have been trending positive on Wednesday, Accern reports. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. American Water Works earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave news articles about the utilities provider an impact score of 46.1729663035721 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:

Shares of American Water Works (NYSE AWK) traded up $0.28 during midday trading on Wednesday, hitting $90.94. The stock had a trading volume of 536,134 shares, compared to its average volume of 850,088. The firm has a market capitalization of $16,289.24, a PE ratio of 31.49, a P/E/G ratio of 4.01 and a beta of 0.27. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.47 and a current ratio of 0.49. American Water Works has a twelve month low of $69.96 and a twelve month high of $91.97.

American Water Works (NYSE:AWK) last announced its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $1.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.08. The business had revenue of $936.00 million for the quarter, compared to analysts’ expectations of $992.58 million. American Water Works had a return on equity of 9.69% and a net margin of 15.82%. The company’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period last year, the firm earned $1.05 earnings per share. sell-side analysts expect that American Water Works will post 3.01 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 10th were paid a $0.415 dividend. This represents a $1.66 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend was Thursday, November 9th. American Water Works’s payout ratio is currently 56.27%.

Several research analysts recently weighed in on the company. Robert W. Baird reiterated a “hold” rating and issued a $82.00 price objective on shares of American Water Works in a research report on Sunday, October 1st. Boenning Scattergood restated a “hold” rating on shares of American Water Works in a research note on Friday, September 22nd. Bank of America began coverage on American Water Works in a research note on Tuesday, October 24th. They set a “buy” rating and a $95.00 price target on the stock. Zacks Investment Research cut American Water Works from a “hold” rating to a “sell” rating in a research note on Friday, October 20th. Finally, Wells Fargo & Company set a $89.00 price target on American Water Works and gave the stock a “hold” rating in a research note on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. American Water Works has an average rating of “Hold” and an average price target of $85.63.

In related news, insider Deborah A. Degillio sold 822 shares of the stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $89.75, for a total value of $73,774.50. Following the transaction, the insider now owns 3,659 shares of the company’s stock, valued at $328,395.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael A. Sgro sold 841 shares of the stock in a transaction on 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. Over the last quarter, insiders sold 6,856 shares of company stock worth $616,700. Insiders own 0.34% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for American Water Works (NYSE:AWK)

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