AWR Intrinsic Stock Value – American States Water to Reveal Third Quarter 2024 Financial Results on November 6, 2024

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American States Water ($NYSE:AWR) Company, also known as AWR, is a publicly traded utility company in the United States. It provides water and wastewater services to over a million customers in California, as well as operates regulated electric utilities in certain regions. On November 6, 2024, after the market closes, American States Water Company will announce its financial results for the third quarter of 2024. This announcement is highly anticipated by investors and analysts as it will provide insight into the company’s performance and financial health. Investors will be looking closely at the company’s revenue and earnings for the quarter. The revenue figures will give an indication of how much money the company has generated from its operations, while the earnings will show how profitable the company has been. This data will be compared to previous quarters and years to assess the company’s growth and trajectory.

In addition to financial data, investors and analysts will also be interested in any updates or developments within the company. This could include any new projects or initiatives that American States Water has undertaken, as well as any regulatory or legal matters that may impact the company’s operations. The announcement of third quarter financial results is an important event for American States Water as it allows investors and stakeholders to evaluate the company’s performance and make informed decisions about their investments. It also serves as an opportunity for the company to communicate its progress and plans for the future. It is an important event that will showcase the company’s performance and future prospects, allowing for informed decision-making and evaluation of the company’s growth and progress in providing essential services to its customers.

Stock Price

This announcement is highly anticipated by investors, shareholders, and analysts as it will provide insights into the company’s performance and financial health. The stock market’s reaction to this news was evident on Tuesday as American States Water’s stock opened at $83.82 and closed at $83.64, showing a decrease of 1.27% from the prior closing price of $84.72. This drop in stock price could be due to various factors such as market fluctuations, investor expectations, and industry trends. Investors will be looking closely at American States Water’s financial results for the third quarter to assess the company’s revenue, earnings, and overall growth. This information will be crucial in determining the company’s future prospects and potential investment opportunities. Furthermore, this announcement will also include details about any new developments, projects, or partnerships that American States Water may have undertaken in the past quarter.

This information will provide a deeper understanding of the company’s strategic plans and its impact on future growth. In addition to financial results, American States Water’s management team will likely provide a commentary on the company’s performance, addressing any challenges or successes that were encountered during the quarter. This will give stakeholders a better understanding of the company’s operations and its ability to adapt to changes in the industry. It will provide valuable insights into the company’s performance and future prospects, helping investors make informed decisions about their investments. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for AWR. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for AWR. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for AWR. More…

Key Ratios Snapshot

Some of the financial key ratios for AWR are shown below. More…

Analysis – AWR Intrinsic Stock Value

After conducting a thorough analysis of AMERICAN STATES WATER, I have determined that the company’s stock is currently undervalued. Our proprietary Valuation Line puts the fair value of AMERICAN STATES WATER share at around $97.2. This suggests that the stock is currently trading at a discount of 14.0%. When considering a company’s welfare, it is important to look at various factors such as its financial performance, market trends, and industry outlook. In the case of AMERICAN STATES WATER, I have taken into account its revenue growth, profitability, and future prospects in the water utility industry. One of the key reasons for AMERICAN STATES WATER’s undervaluation is its consistent revenue growth. The company has shown a steady increase in revenue over the past few years, indicating a strong demand for its services. Additionally, its profitability has also been improving, with a healthy profit margin and return on equity. Furthermore, the water utility industry is expected to see significant growth in the coming years due to increasing global water scarcity and the need for sustainable management of resources. As one of the leading companies in this industry, AMERICAN STATES WATER is well-positioned to benefit from this trend and continue its growth trajectory. Considering all these factors, it is evident that AMERICAN STATES WATER’s stock is currently undervalued. Investors can take advantage of this undervaluation and purchase the stock at a lower price, potentially earning a higher return on their investment in the long run. In conclusion, AMERICAN STATES WATER’s welfare analysis shows that the company is in a strong position and its stock is undervalued at its current trading price of $83.64. With a fair value of $97.2, there is potential for investors to see an increase in their investment as the stock reaches its true value in the market. More…

Peers

The Company operates through two segments: Water and Electric. American States Water Company provides water and wastewater services to residential, commercial, industrial, and governmental customers in the states of California and Arizona. The Company is the largest shareholder-owned water utility in California. American States Water Company’s subsidiaries include Golden State Water Company and Arizona Water Company. SJW Group is a publicly traded water and wastewater utility company headquartered in San Jose, California. The Company operates through three segments: Water Utility Services, Real Estate Services, and Corporate and Other. SJW Group provides water and wastewater services to residential, commercial, industrial, and governmental customers in the states of California, Texas, Connecticut, and Massachusetts. American Water Works Co Inc is a publicly traded water and wastewater utility company headquartered in Voorhees, New Jersey. The Company operates through three segments: Regulated Businesses, Market-Based Operations, and Homeowner Services. American Water Works Company Inc provides water and wastewater services to residential, commercial, industrial, and governmental customers in the states of Illinois, New Jersey, Pennsylvania, Virginia, West Virginia, Kentucky, Ohio, Michigan, Indiana, North Carolina, South Carolina, Maryland, Delaware, Florida, Louisiana, Georgia, Colorado, Nevada, New Mexico, Oklahoma, Texas, and Wyoming. Global Water Resources Inc is a publicly traded water and wastewater utility company headquartered in Scottsdale, Arizona. The Company operates through two segments: Regulated Operations and Non-Regulated Operations. Global Water Resources Inc provides water and wastewater services to residential, commercial, industrial, and governmental customers in the state of Arizona.

– SJW Group ($NYSE:SJW)

SJW Group is a publicly traded water and wastewater utility company headquartered in San Jose, California. It is the holding company for San Jose Water Company, SJWTX, Inc., and SJW Land Company. As of 2019, SJW Group served more than one million people in San Jose, California; Austin, Texas; and Connecticut.

The company has a market cap of 1.88B as of 2022 and a Return on Equity of 7.1%. SJW Group’s market cap is the fourth highest of all water and wastewater utilities in the United States. The company’s ROE is above the average for all water and wastewater utilities in the United States.

– American Water Works Co Inc ($NYSE:AWK)

The American Water Works Company, Inc. is the largest publicly traded U.S. water and wastewater utility company. It provides water and wastewater services to an estimated 15 million people in 47 states and Ontario, Canada. The company operates through six segments: Regulated Businesses, Market-Based Businesses, Homeowner Services, Contracted Services, Other, and Corporate & Other. The company was founded in 1886 and is headquartered in Voorhees, New Jersey.

– Global Water Resources Inc ($NASDAQ:GWRS)

As of 2022, Global Water Resources Inc has a market cap of 277.81M and a ROE of 30.2%. The company is involved in the development, ownership, and operation of water and wastewater utilities in the United States.

Summary

On November 6, 2024, American States Water Company will release its third quarter financial results. This will provide investors with important information on the company’s financial performance and outlook for the future. Analysts will be closely monitoring the results to evaluate the company’s revenue, earnings, and any potential changes in its business strategy.

This information will be crucial for investors to make informed decisions on whether to buy, hold, or sell American States Water stock. It will also give insight into the overall health of the water industry, which could impact other companies in the sector.