EPS for American States Water Co (AWR) Expected At $0.57

October 20, 2017 - By Stephen Andrade

 EPS for American States Water Co (AWR) Expected At $0.57
Investors sentiment decreased to 0.97 in 2017 Q2. Its down 0.06, from 1.03 in 2017Q1. It dropped, as 13 investors sold American States Water Co shares while 64 reduced holdings. 24 funds opened positions while 51 raised stakes. 23.44 million shares or 2.99% less from 24.16 million shares in 2017Q1 were reported.
Metropolitan Life Ny reported 24,562 shares. 6,804 were reported by Janney Montgomery Scott Ltd Liability. Cubist Systematic Strategies Ltd, Connecticut-based fund reported 6,518 shares. The New York-based Water Asset Mgmt Limited Liability Corp has invested 3.48% in American States Water Co (NYSE:AWR). Huntington Bankshares holds 1,000 shares or 0% of its portfolio. Asset Management holds 0.01% or 6,774 shares in its portfolio. Symons Management has 0.12% invested in American States Water Co (NYSE:AWR). Winfield Associates invested in 0% or 58 shares. Moreover, Ameriprise has 0.01% invested in American States Water Co (NYSE:AWR). Federated Investors Incorporated Pa has 0% invested in American States Water Co (NYSE:AWR). Teachers Retirement Sys Of The State Of Kentucky holds 11,200 shares or 0.01% of its portfolio. 4,824 were accumulated by Pinebridge Investments Lp. Pnc Financial Ser Gp invested 0% in American States Water Co (NYSE:AWR). Tocqueville Asset Mgmt L P holds 10,300 shares. Glenmede Na has 0% invested in American States Water Co (NYSE:AWR).

Since May 5, 2017, it had 0 insider buys, and 6 sales for $1.52 million activity. FARROW GLADYS sold $54,813 worth of stock. 500 shares were sold by ROSS LLOYD E, worth $23,595. Another trade for 13,304 shares valued at $625,288 was made by SPROWLS ROBERT J on Friday, June 2. $45,969 worth of stock was sold by Cotton – III James C on Friday, May 5.

Wall Street await American States Water Co (NYSE:AWR) to release earnings on November, 1. Analysts forecast EPS of $0.57, down exactly $0.02 or 3.39 % from 2014’s $0.59 EPS. The expected AWR’s profit could reach $20.92M giving the stock 24.50 P/E in the case that $0.57 earnings per share is reported. After posting $0.62 EPS for the previous quarter, American States Water Co’s analysts now forecast -8.06 % negative EPS growth. The stock increased 1.49% or $0.82 during the last trading session, reaching $55.85. About 116,670 shares traded. American States Water Co (NYSE:AWR) has risen 17.06% since October 20, 2016 and is uptrending. It has outperformed by 0.36% the S&P500.

American States Water Co (NYSE:AWR) Ratings Coverage

Among 5 analysts covering American States Water (NYSE:AWR), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. American States Water had 11 analyst reports since August 8, 2015 according to SRatingsIntel. FinnCap initiated the stock with “Corporate” rating in Thursday, November 24 report. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, October 3. On Friday, October 16 the stock rating was downgraded by Janney Capital to “Sell”. On Monday, January 4 the stock rating was initiated by Barclays Capital with “Underweight”. The stock has “Sell” rating by Ladenburg Thalmann on Friday, February 26. The rating was maintained by Barclays Capital on Tuesday, September 6 with “Underweight”. Janney Capital upgraded the shares of AWR in report on Friday, August 5 to “Neutral” rating. On Saturday, August 8 the stock rating was downgraded by Zacks to “Buy”. The stock of American States Water Co (NYSE:AWR) earned “Underweight” rating by Barclays Capital on Friday, May 20. As per Wednesday, May 11, the company rating was upgraded by Ladenburg Thalmann.

American States Water Company is a holding company. The company has market cap of $2.05 billion. The Firm is the parent firm 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). It has a 30.17 P/E ratio. The Company’s divisions include water, electric and contracted services.

Another recent and important American States Water Co (NYSE:AWR) news was published by Nasdaq.com which published an article titled: “The Zacks Analyst Blog Highlights: American Water Works, American States Water …” on October 02, 2017.

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