As of July 19, 2023, American Water Works‘ balance sheet reveals some noteworthy figures. The company’s long-term debt stands at a staggering $10.48 billion, with an additional $841.00 million in current debt, resulting in a total debt of $11.33 billion. However, after considering the cash-equivalents worth $213.00 million, the net debt of American Water Works amounts to $11.11 billion.
What’s interesting is that the company’s debt ratio is 0.4, indicating that a significant portion of their debt is supported by their assets. This suggests a relatively stable financial position for American Water Works.
On the other hand, the net debt to EBITDA ratio stands at 5.3, which signifies a considerable amount of debt for the company. This ratio raises some concerns about their ability to manage and repay their debt efficiently.
Examining the debt-to-equity ratio of American Water Works Co, it fluctuates between 1.18 to 1.71. This range suggests that the company has been relying on debt to finance a portion of its operations and investments. However, it is worth noting that this ratio can vary over time, indicating potential changes in the company’s financial strategy.
Overall, these figures provide insight into American Water Works’ financial standing as of July 19, 2023.
American Water Works Company, Inc.
AWK
Strong Buy
Updated on: 04/12/2023
Financial Health
Very Healthy
Debt to equity ratio: Strong Buy
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Neutral
Essential Utilities (WTRG) Stock Gains 1.57% on July 19, 2023: Positive Outlook for Future Growth
On July 19, 2023, Essential Utilities (WTRG) experienced a positive performance in the stock market. The stock opened at $143.55 and fluctuated between $143.39 and $145.36 throughout the day. By the end of the trading session, Essential Utilities had gained $0.64, representing a 1.57% increase in value.
Essential Utilities is a water utility company headquartered in Camden, New Jersey. With a market capitalization of $28.5 billion, Essential Utilities is a significant player in the utilities sector.
Examining the company’s financial performance, Essential Utilities experienced a decline in earnings growth of -35.08% in the previous year. However, the company managed to rebound with a positive earnings growth of +5.98% in the current year. Looking ahead, analysts predict a further increase in earnings growth over the next five years, with a forecasted growth rate of +7.68%.
In terms of revenue growth, Essential Utilities faced a decline of -3.51% in the last year. This decline could be attributed to various factors, such as changes in customer demand or regulatory challenges.
When evaluating the company’s valuation metrics, Essential Utilities has a P/E ratio of 31.6, a price/sales ratio of 7.32, and a price/book ratio of 3.46.
Looking ahead, Essential Utilities is scheduled to report its next earnings on July 27, 2023, with analysts forecasting an EPS of $1.30 for the current quarter. In the previous year, the company generated an annual revenue of $3.8 billion and a net profit of $820.0 million, resulting in a net profit margin of 21.62%.
In conclusion, Essential Utilities experienced a positive stock performance on July 19, 2023, with a 1.57% increase in value. Despite a decline in earnings and revenue growth in the previous year, the company has managed to rebound and is expected to continue growing in the coming years.
AWK Stock Performance on July 19, 2023: Analysts Predict Positive Outlook for American Water Works Company Inc
AWK Stock Performance on July 19, 2023: Analysts Predict a Positive Outlook
American Water Works Company Inc (AWK) is a leading water and wastewater utility company in the United States. On July 19, 2023, AWK stock performed well, with analysts predicting a positive outlook for the company’s future.
According to data from CNN Money, nine analysts have offered 12-month price forecasts for AWK stock. The median target price is $158.00, with a high estimate of $185.00 and a low estimate of $139.00. This indicates that the analysts are generally optimistic about the company’s prospects, with a median estimate representing a 9.72% increase from the last price of $144.00.
The positive sentiment surrounding AWK stock can be attributed to various factors. Firstly, the company’s solid financial performance is worth noting. In the current quarter, AWK reported earnings per share of $1.30 and sales of $1.0 billion. These figures indicate a strong revenue stream and profitability for the company.
Moreover, AWK’s upcoming earnings report on July 27 is eagerly anticipated by investors. The report will provide further insights into the company’s financial health and growth prospects. If AWK can deliver positive results and exceed market expectations, it could further boost investor confidence and drive the stock price higher.
The water and wastewater industry is also experiencing growth and increased demand. As the population continues to grow and climate change impacts water availability, the need for reliable water and wastewater services becomes even more crucial. AWK, as a leading player in this industry, is well-positioned to capitalize on these trends and generate sustainable long-term growth.
Although there are no specific recommendations available for AWK stock at the moment, the positive sentiment from analysts and the company’s strong financial performance indicate a favorable investment opportunity. Investors looking for a stable and resilient stock in the utilities sector may find AWK appealing.
In conclusion, AWK stock had a positive performance on July 19, 2023, with analysts predicting a bright future for the company. The median target price of $158.00 represents a 9.72% increase from the last price of $144.00. With solid financial performance and an upcoming earnings report, AWK is well-positioned to capitalize on the growing demand for water and wastewater services. Investors looking for a stable investment in the utilities sector may find AWK stock attractive.
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