Reasons to Add American Water Works Stock to Your Portfolio Now

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American Water Works Company, Inc.’s AWK strategic capital investments to strengthen infrastructure and improve reliability are likely to boost its performance. Given its growth opportunities, rising ...

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Given its growth opportunities, rising ...</p>\n\n<a href=\"https://finance.yahoo.com/news/reasons-add-american-water-works-141100518.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reasons to Add American Water Works Stock to Your Portfolio Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReasons to Add American Water Works Stock to Your Portfolio Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-02 22:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/reasons-add-american-water-works-141100518.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>American Water Works Company, Inc.’s AWK strategic capital investments to strengthen infrastructure and improve reliability are likely to boost its performance. Given its growth opportunities, rising ...</p>\n\n<a href=\"https://finance.yahoo.com/news/reasons-add-american-water-works-141100518.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PRMW","symbol_name":"Primo Water Corporation","start_time":0,"source_url":"https://finance.yahoo.com/news/reasons-add-american-water-works-141100518.html","article_id":"2472780495","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/C7JBfQ2s9NaLIWiwvAQDUQ--~B/aD00NjU7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/69d9fee86e2eea3e006082b7c555d349"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472780495","pubTimestamp":1727878260,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"American Water Works Company, Inc.’s AWK strategic capital investments to strengthen infrastructure and improve reliability are likely to boost its performance. Given its growth opportunities, rising earnings estimates make AWK a solid investment option in the utility sector.The company currently carries a Zacks Rank #2 . Let’s look at the factors that are driving the stock.The Zacks Consensus Estimate for 2024 and 2025 earnings per share  has increased 0.6% and 0.2%, respectively, in the past 60 days.The consensus estimate for 2024 and 2025 sales is pegged at $4.42 billion and $4.55 billion, respectively. The figures reflect year-over-year growth of 4.3% and 3.1%in 2024 and 2025, respectively.AWK’s long-term  earnings growth rate is 8%. 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Given its growth opportunities, rising earnings estimates make AWK a solid investment option in the utility sector.\nThe company currently carries a Zacks Rank #2 (Buy). Let’s look at the factors that are driving the stock.\nGrowth Projections & Surprise History \nThe Zacks Consensus Estimate for 2024 and 2025 earnings per share (EPS) has increased 0.6% and 0.2%, respectively, in the past 60 days.\nThe consensus estimate for 2024 and 2025 sales is pegged at $4.42 billion and $4.55 billion, respectively. The figures reflect year-over-year growth of 4.3% and 3.1% in 2024 and 2025, respectively. AWK’s long-term (three to five years) earnings growth rate is 8%. It delivered an average earnings surprise of 1.1% in the trailing four quarters.\nAWK Stock’s Debt Lower Than Its Sector \nCurrently, AWK’s total debt to capital is 56.4%, better than the sector’s average of 57.9%.The company’s time-to-interest earned ratio at the end of the second quarter was 3.5. The ratio, being greater than one, reflects its ability to meet future interest obligations without difficulties. The decline in interest rates may lower the capital servicing expenses of AWK.\nAWK's Expansion Through Acquisitions and Organic Ways \nThe U.S. water and wastewater industry is highly fragmented and American Water , in the first half of 2024, completed five acquisitions, which added 33,400 new customers to its customer base. American Water’s pending 22 acquisitions (as of June 30, 2024), when completed, should add another 59,000 customers. Acquisitions allow AWK to get fresh demand for its services and expand the company’s revenue stream.\nAWK’s organic operation with miles of pipelines, water treatment plants, wastewater treatment plants and 3.5 million customers spread across various states continues to contribute to its earnings.\nAmerican Water’s Planned Long-term Investments \nThe company has been investing regularly to upgrade, expand and maintain its vast water and wastewater infrastructure. In the first half of 2024, AWK invested $1.4 billion in upgrades and acquisitions. It plans to invest $3.1 billion through the year to strengthen and expand its water and wastewater infrastructure.American Water aims to invest $16-$17 billion in the 2024-2028 period and $34-$38 billion during 2024-2033. Nearly 69% of the planned expenditure in 2024-2033 will be directed toward strengthening the infrastructure.\nDividend Yield of AWK \nAWK distributes dividends to its shareholders on a regular basis. The company’s current dividend yield is 2.09%, better than the Zacks S&P 500 composite’s average of 1.5%. AWK expects its dividend per share to increase in the range of 7-9% in the long term, subject to approval from the company’s board of directors.\nShare Performance in Past Six Months \nShares of AWK have gained 23.2% in the past six months compared with the industry’s 17% growth.\nImage Source: Zacks Investment Research\nOther Stocks to Consider \nA few other top-ranked stocks in the industry are American States Water Company AWR, SJW Group SJW and Primo Water PRMW, each currently carrying a Zacks Rank of 2. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.\nAmerican States Water delivered an average earnings surprise of 3.4% in the trailing four quarters. The Zacks Consensus Estimate for 2024 earnings has increased 0.7% in the past 60 days.SJW Group delivered an average earnings surprise of 9.3% in the past four quarters. The consensus estimate for 2024 earnings is pegged at $2.76 per share, which indicates year-over-year growth of 2.6%.Primo Water delivered an average earnings surprise of 7.2% in the trailing four quarters. The Zacks Consensus Estimate for 2024 EPS has increased 4.3% in the past 60 days. \nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nAmerican Water Works Company, Inc. (AWK) : Free Stock Analysis Report\nAmerican States Water Company (AWR) : Free Stock Analysis Report\nSJW Group (SJW) : Free Stock Analysis Report\nPrimo Water Corporation (PRMW) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2472780495"}