American States Water Co (NYSE: AWR) has reported earnings for its second fiscal quarter (ending June 30) of $0.85 versus $1.04 for the same period a year ago — a decline of -18%. This result fell short of the consensus estimate of $0.90 by $-0.05. For the latest four quarters through June 30, E.P.S. were $2.87 versus $3.16 for the same period a year ago — a decline of -9%.
Recent Price Action
American States Water Co (NYSE: AWR) stock closed at $82.49 on 8/6/24 after a modest gain of 0.9%. This advance was accompanied by normal trading volume. The stock has risen 1.4% during the last week but has been weak relative to the market over the last nine months.
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 consistent signals. American States Water has a slightly negative Power Rating of 30 and a poor Appreciation Score of 20, 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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