American States Water Co (NYSE: AWR) has reported earnings for its third fiscal quarter (ending September 30) of $0.85 versus $0.69 for the same period a year ago — an increase of 23%. This performance was $0.02 better than the consensus estimate of $0.83. E.P.S. were $3.32 for the latest four quarters through September 30 versus $2.16 for the same period a year ago — an increase of 54%.
Recent Price Action
American States Water Co (NYSE: AWR) stock declined modestly by -0.6% on 11/6/23. The stock closed at $82.38. The stock has performed in line with the market over the last nine months and has risen 6.2% during the last week.
Current PriceTarget Research Rating
AWR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
American States Water has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. American States Water has a very low Appreciation Score of 14 but a neutral Power Rating of 51, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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