News headlines about American States Water (NYSE:AWR) have been trending somewhat positive on Monday, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American States Water earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the utilities provider an impact score of 47.0104603989255 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s rankings:
Shares of American States Water (NYSE:AWR) opened at $52.01 on Monday. The stock has a market cap of $1,909.57, a P/E ratio of 27.67, a PEG ratio of 5.82 and a beta of 0.41. The company has a current ratio of 0.99, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. American States Water has a 1-year low of $41.14 and a 1-year high of $60.00.
American States Water (NYSE:AWR) last announced its quarterly earnings results on Monday, February 26th. The utilities provider reported $0.35 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.02). The firm had revenue of $104.18 million for the quarter, compared to analyst estimates of $121.02 million. American States Water had a return on equity of 13.50% and a net margin of 15.74%. The firm’s quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.30 EPS. research analysts forecast that American States Water will post 1.79 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th were issued a dividend of $0.255 per share. The ex-dividend date was Wednesday, February 14th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.96%. American States Water’s dividend payout ratio is currently 54.26%.
A number of research analysts have weighed in on the stock. Zacks Investment Research lowered shares of American States Water from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. Wells Fargo & Co lowered shares of American States Water from a “market perform” rating to an “underperform” rating and set a $48.00 target price on the stock. in a research note on Monday, December 18th. Finally, UBS Group assumed coverage on shares of American States Water in a research note on Thursday. They issued a “sell” rating and a $42.00 target price on the stock. Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $48.50.
In other news, VP Bryan K. Switzer sold 750 shares of the firm’s stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $52.04, for a total transaction of $39,030.00. Following the completion of the sale, the vice president now owns 14,886 shares in the company, valued at approximately $774,667.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lloyd E. Ross sold 1,100 shares of the firm’s stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $55.79, for a total transaction of $61,369.00. Following the sale, the director now owns 50,706 shares of the company’s stock, valued at approximately $2,828,887.74. The disclosure for this sale can be found here. Insiders have sold a total of 4,381 shares of company stock valued at $229,966 in the last 90 days. Insiders own 1.49% of the company’s stock.
About American States Water
American States Water Company (AWR) is a holding company. The Company is the parent company of Golden State Water Company (GSWC) and American States Utility Services, Inc (ASUS), as well as ASUS’ subsidiaries, such as Fort Bliss Water Services Company (FBWS), Terrapin Utility Services, Inc (TUS), Old Dominion Utility Services, Inc (ODUS), Palmetto State Utility Services, Inc (PSUS) and Old North Utility Services, Inc (ONUS).