For its first fiscal quarter (ending March 31), American States Water Co (NYSE: AWR) has reported a -33% decline in E.P.S. from $0.93 a year ago to $0.62 in the current quarter. This result fell short of the consensus estimate of $0.65 by $-0.03. For the latest four quarters through March 31, E.P.S. were $3.06 versus $2.66 for the same period a year ago — an increase of 15%.
Recent Price Action
American States Water Co (NYSE: AWR) stock declined slightly by -0.4% on 5/7/24. The stock closed at $73.78. This decline was accompanied by normal trading volume. The stock has been weak relative to the market over the last nine months but has risen 5.0% during the last week.
Current PriceTarget Research Rating
AWR’s future returns on capital are forecasted to exceed 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. American States Water has a poor Power Rating of 26 and a poor Appreciation Score of 23, and the Lowest Value Trend Rating results.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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