New Appointments at American Water Works

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AWK Intrinsic Stock Value – American Water Works ($NYSE:AWK) is a publicly traded water and wastewater utility company headquartered in Voorhees, New Jersey. American Water is the largest investor-owned water and wastewater utility in the United States. On Monday, American Water Works appointed David Bowler as deputy CFO and Treasurer, and Mike Doran as deputy COO.

Bowler, who is currently SVP of Planning, Regulatory and Financial Services, will report to EVP and CFO John Griffith. Doran will report to Executive VP and COO Cheryl Norton. “I am confident that David and Mike will continue to provide strong leadership and strategic direction as we continue to execute on our long-term growth strategy,” said Norton.

Market Price

American Water Works, the largest publicly traded U.S. water and wastewater utility company, announced several new appointments on Monday. The company’s stock opened at $145.9 and closed at $145.3, down by 0.4% from its prior closing price of $145.9. The new appointments include: She will succeed current CEO and President, Walter Lynch. He will succeed current Chairman, Richard M. Wright.

He will succeed current CFO, Laurence Hirsch. The appointments come at a time when American Water Works is facing increased scrutiny from the media and investors. On Monday, the stock opened at $145.9 and closed at $145.3, down by 0.4% from its prior closing price.

VI Analysis – AWK Intrinsic Stock Value

The company’s fundamentals reflect its long-term potential. The intrinsic value of American Water Works shares is around $166.4, calculated by the VI Line. Now, American Water Works stock is traded at $145.3, a fair price undervalued by 13%.

VI Peers

American Water Works Co Inc, American States Water Co, Global Water Resources Inc, and Artesian Resources Corp are all water utilities companies. They are all in the business of providing water and wastewater services to residential, commercial, and industrial customers.

– American States Water Co ($NYSE:AWR)

American States Water Co is a water and wastewater utility company that serves nearly million people in the United States. The company has a market cap of 3.22B as of 2022 and a ROE of 12.01%. American States Water Co is the largest water utility company in California and the fourth largest in the United States. The company also provides wastewater services to approximately 700,000 people in Arizona, Illinois, New Mexico, and Texas.

– Global Water Resources Inc ($NASDAQ:GWRS)

Global Water Resources, Inc. is a water resource management company that provides water and wastewater services to residential and commercial customers in the Phoenix metropolitan area. The company has a market cap of $296.66 million and a return on equity of 21.79%. Global Water Resources is headquartered in Scottsdale, Arizona.

– Artesian Resources Corp ($NASDAQ:ARTNA)

Artesian Resources Corp is a water utility company that serves the metropolitan area of Wilmington, Delaware. It is the largest provider of water and wastewater services in the state of Delaware, and is the 8th largest provider of water and wastewater services in the United States. The company has a market cap of 496.24M as of 2022 and a Return on Equity of 10.87%.

Summary

Water is a vital resource, and American Water Works is one of the largest water utilities in the United States. Investing in the company can provide you with exposure to the water sector, which is essential for daily life. The company also has a strong track record of performance, with over a century of experience in the water industry.