Equities research analysts predict that American Water Works Company Inc (NYSE:AWK) will report earnings of $0.94 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for American Water Works’ earnings, with estimates ranging from $0.89 to $1.04. American Water Works reported earnings of $0.83 per share during the same quarter last year, which would indicate a positive year over year growth rate of 13.3%. The firm is scheduled to issue its next quarterly earnings results on Wednesday, August 7th.

According to Zacks, analysts expect that American Water Works will report full year earnings of $3.60 per share for the current fiscal year, with EPS estimates ranging from $3.56 to $3.65. For the next financial year, analysts forecast that the company will report earnings of $3.89 per share, with EPS estimates ranging from $3.85 to $3.95. Zacks’ earnings per share calculations are an average based on a survey of research analysts that cover American Water Works.

American Water Works (NYSE:AWK) last posted its earnings results on Wednesday, May 1st. The utilities provider reported $0.61 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.02). The business had revenue of $813.00 million for the quarter, compared to analyst estimates of $792.73 million. American Water Works had a net margin of 16.44% and a return on equity of 10.25%. The business’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.59 EPS.

Several research firms recently weighed in on AWK. Zacks Investment Research lowered shares of G1 Therapeutics from a “buy” rating to a “hold” rating in a report on Thursday, May 16th. Janney Montgomery Scott restated a “buy” rating and set a $121.00 target price (up previously from $102.00) on shares of American Water Works in a report on Thursday, May 2nd. Wells Fargo & Co restated a “buy” rating on shares of Allergan in a report on Monday, June 10th. Finally, Boenning Scattergood restated a “hold” rating on shares of American Water Works in a report on Thursday, May 2nd. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. American Water Works presently has an average rating of “Buy” and an average target price of $109.67.

Shares of NYSE:AWK traded down $1.15 during midday trading on Thursday, hitting $117.56. 22,180 shares of the company’s stock traded hands, compared to its average volume of 978,560. The company has a current ratio of 0.32, a quick ratio of 0.30 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $21.40 billion, a P/E ratio of 35.62, a PEG ratio of 4.06 and a beta of 0.19. The firm has a fifty day moving average price of $116.00. American Water Works has a twelve month low of $85.88 and a twelve month high of $119.30.

In related news, SVP Loyd A. Warnock sold 9,502 shares of American Water Works stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $111.04, for a total transaction of $1,055,102.08. Following the sale, the senior vice president now owns 18,314 shares of the company’s stock, valued at approximately $2,033,586.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Walter Lynch sold 18,545 shares of American Water Works stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $111.15, for a total transaction of $2,061,276.75. Following the sale, the chief operating officer now directly owns 118,583 shares in the company, valued at approximately $13,180,500.45. The disclosure for this sale can be found here. Insiders have sold a total of 66,556 shares of company stock worth $7,477,635 in the last ninety days. 0.36% of the stock is currently owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the stock. Tortoise Index Solutions LLC increased its position in shares of American Water Works by 3.1% in the 1st quarter. Tortoise Index Solutions LLC now owns 3,193 shares of the utilities provider’s stock worth $333,000 after purchasing an additional 96 shares during the last quarter. Welch & Forbes LLC increased its position in shares of American Water Works by 1.3% in the 1st quarter. Welch & Forbes LLC now owns 7,756 shares of the utilities provider’s stock worth $808,000 after purchasing an additional 100 shares during the last quarter. Stephens Inc. AR increased its position in shares of American Water Works by 1.1% in the 1st quarter. Stephens Inc. AR now owns 9,598 shares of the utilities provider’s stock worth $1,001,000 after purchasing an additional 103 shares during the last quarter. HighPoint Advisor Group LLC increased its position in shares of American Water Works by 3.5% in the 1st quarter. HighPoint Advisor Group LLC now owns 3,094 shares of the utilities provider’s stock worth $331,000 after purchasing an additional 106 shares during the last quarter. Finally, Trust Co. of Vermont increased its position in shares of American Water Works by 3.0% in the 1st quarter. Trust Co. of Vermont now owns 3,846 shares of the utilities provider’s stock worth $401,000 after purchasing an additional 113 shares during the last quarter. 84.28% of the stock is currently owned by hedge funds and other institutional investors.

About American Water Works

American Water Works Company, Inc, through its subsidiaries, provides water and wastewater services in the United States and Canada. It offers water and wastewater services to approximately 1,600 communities in 16 states serving approximately 3.4 million active customers. The company serves residential customers; commercial customers, such as food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities; and other utilities and community water and wastewater systems.

Featured Story: Equal Weight Rating

Get a free copy of the Zacks research report on American Water Works (AWK)

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

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

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