American Water Works Company (AWK) has experienced a thorough review through multiple avenues. AWK has seen a deceleration in returns on capital, institutional owners are holding 89% of the company, insiders have acquired shares, raising significant interest in the company's prospects. The company's
Q2 and Q3 2024 earnings have been subject to analysis, with EPS failing to meet expectations while revenues surpassed them. AWK has also seen a reduction in holdings from several entities like Nuance Investments and Nicola Wealth Management. Progress is noted in areas like Illinois and New Jersey, where significant water treatment and lead service line replacements have occurred. It was highlighted that the company has some associated risk due to its use of
debt, and maybe overvalued compared to its intrinsic value. Nevertheless, AWK's
strong positioning in the market, increased dividend, and diligent treatment of capital investments show promise of a robust future. The company has taken steps to commemorate historical events like the
9/11 tragedy, evidencing ethos and values beyond its financial performance.
American Water Works Company AWK News Analytics from Fri, 01 Dec 2023 08:00:00 GMT to Fri, 13 Sep 2024 15:27:11 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -3
