1-Star Price
PREMIUM
5-Star Price
PREMIUM
Economic Moat
PREMIUM
Capital Allocation
PREMIUM
We are reaffirming our $122 per share fair value estimate after American Water Works reported strong 2020 first-quarter earnings and reaffirmed earnings guidance. EPS in the recently ended quarter were $0.73, an increase of $0.05 compared with the same period last year.
Founded in 1886, American Water Works is the largest investor-owned U.S. water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets, which account for about 90% of earnings. Its nonregulated market-based businesses provide complementary water and wastewater services for municipalities and military bases.
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