Media coverage about American States Water (NYSE:AWR) has been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. 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 0.11 on Accern’s scale. Accern also gave news headlines about the utilities provider an impact score of 47.1004999550266 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s rankings:
- American States Water (AWR) vs. Its Rivals Head-To-Head Review (americanbankingnews.com)
- Form 8-K AMERICAN STATES WATER For: Mar 09 (streetinsider.com)
- United Airlines Is in Hot Water for Deaths of Animals in Its Care (Why Is This Airline’s Record So Bad?) (inc.com)
- Katy Perry seriously overstepped the line by tricking American Idol hopeful into kissing her (metro.co.uk)
American States Water stock opened at $54.80 on Thursday. American States Water has a one year low of $43.08 and a one year high of $60.00. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $2,000.26, a PE ratio of 29.15, a price-to-earnings-growth ratio of 6.10 and a beta of 0.41.
American States Water (NYSE:AWR) last released its earnings results on Monday, February 26th. The utilities provider reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.02). American States Water had a net margin of 15.74% and a return on equity of 13.50%. The company had revenue of $104.18 million during the quarter, compared to analyst estimates of $121.02 million. During the same period in the previous year, the company posted $0.30 EPS. The company’s quarterly revenue was down 2.5% compared to the same quarter last year. equities research analysts expect that American States Water will post 1.79 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Shareholders of record on Thursday, February 15th were paid a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 1.86%. The ex-dividend date was Wednesday, February 14th. American States Water’s payout ratio is 54.26%.
AWR has been the topic of several analyst reports. Zacks Investment Research lowered American States Water from a “buy” rating to a “hold” rating in a research note on Monday, January 8th. UBS initiated coverage on American States Water in a research note on Thursday, March 8th. They issued a “sell” rating and a $42.00 target price on the stock. Finally, Wells Fargo lowered American States Water from a “market perform” rating to an “underperform” rating and set a $48.00 target price on the stock. in a research note on Monday, December 18th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $51.00.
In other news, Director Lloyd E. Ross sold 1,100 shares of the firm’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $55.79, for a total transaction of $61,369.00. Following the sale, the director now owns 50,706 shares of the company’s stock, valued at $2,828,887.74. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Diana M. Bonta sold 1,797 shares of the firm’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $51.05, for a total value of $91,736.85. Following the sale, the director now directly owns 21,676 shares in the company, valued at approximately $1,106,559.80. The disclosure for this sale can be found here. Insiders sold 4,381 shares of company stock worth $229,966 in the last three months. Insiders own 1.49% of the company’s stock.
About American States Water
American States Water Company, through its subsidiaries, provides water and electric services to residential, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity.
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