American Water Works Company, Inc.’s Stock Price Soars to $146.24, Marking a Robust 2.22% Increase in Market Performance

American Water Works Company, Inc. (AWK)

146.24 USD +3.18 (+2.22%) Volume: 1.6M

American Water Works Company, Inc.’s stock price is currently strong at 146.24 USD, marking an impressive trading session increase of +2.22% and a robust YTD growth of +17.47%, reflecting its solid performance in the market with a trading volume of 1.6M.

Latest developments on American Water Works Company, Inc.

American Water Works Company (AWK) made headlines today as they announced plans to invest $40-$42 billion in infrastructure across the U.S. over the next decade, focusing on water infrastructure improvements. This news comes after the resignation of board member Harris and the step down of director Harris. Despite this shakeup, Jefferies raised their stock target for American Water, setting it at $115, although still keeping it underperform. In addition, the president of West Virginia American Water addressed water infrastructure issues in the state, emphasizing the importance of continuing to provide safe, clean, and reliable water service. American Water also collaborated with the City of Camden to showcase ongoing water infrastructure improvements in the community, highlighting their commitment to delivering quality service.

American Water Works Company, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have published a bullish insight on American Water Works Co. The research report, titled “American Water Works: Infrastructure Investment & Rate Base Growth to Sustain The Growth Trajectory!”, highlights the company’s recent financial and operational performance in 2024. American Water reported earnings per share (EPS) of $5.39, showing an 8% growth due to favorable weather conditions and strategic investments. The company invested $3 billion in capital initiatives and successfully secured rate case agreements in multiple jurisdictions.

A look at American Water Works Company, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, American Water Works Co has a mixed long-term outlook. While the company scores high on momentum, indicating strong performance in the near future, it falls short in terms of value and growth. With a moderate score for dividends and resilience, the company shows stability but may lack significant growth potential in the long run.

American Water Works Co, Inc. is a leading provider of water services in the United States and Canada. The company primarily operates regulated utilities that supply water and wastewater services to a wide range of customers. Despite its solid track record in the industry, the Smartkarma Smart Scores suggest that American Water Works Co may face challenges in achieving substantial value and growth over the long term.

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