The York Water Co (NASDAQ: YORW) has reported earnings for its first fiscal quarter (ending March 31) of $0.30 versus $0.26 for the same period a year ago — an increase of 15%. E.P.S. were $1.70 for the latest four quarters through March 31 versus $1.37 for the same period a year ago — an increase of 24%.
Recent Price Action
The York Water Co (NASDAQ: YORW) stock rose slightly by 0.3% on 5/7/24. The stock closed at $36.87. Trading volume in this advance was normal. The stock has risen 3.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
YORW is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
York Water has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. York Water has a poor Appreciation Score of 26 and a poor Power Rating of 24, leading to 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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