Investors Take Notice of American States Water Company

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Investors have been taking notice of American States Water ($NYSE:AWR) Company (AWR) in recent years due to its impressive financial performance and steady growth. AWR is a publicly traded company that provides water, electricity, and wastewater services to customers across the United States. With over five million customers, the company is one of the largest publicly traded water utilities in the country. The company also owns and operates a number of other businesses, including a waste management business, an industrial waste treatment business, and a solar energy business. AWR’s stock price has been steadily rising in recent years, driven by strong financials and impressive returns on equity.

Additionally, the company’s debt-to-equity ratio is low compared to its peers, indicating that it is financially strong and can withstand economic downturns. For these reasons, investors are taking notice of American States Water Company and its potential for long-term growth.

Price History

Investors have taken notice of American States Water Company in recent days, as its stock opened at $78.4 on Friday and closed at $77.6, representing a drop of 1.2% from the prior closing price of 78.5. This decrease has caused many investors to take a closer look at the company, especially as it is currently the second-largest publicly traded water utility in the United States. The company aims to continue providing reliable service to their customers while also maximizing returns for their shareholders. 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

At GoodWhale, we have analyzed the financials of AMERICAN STATES WATER and based on our Star Chart they have a strong standing in dividend, profitability, and medium in asset growth. This type of company may be of interest to investors looking for strong dividend income and steady growth. Additionally, our Health Score for AMERICAN STATES WATER is 6/10 which shows that they are in an intermediate state of health and may be able to sustain future operations in times of crisis. 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

American States Water is an attractive investment opportunity due to its reliable performance and steady growth. It is well-positioned to take advantage of opportunities in regulated and non-regulated businesses. Furthermore, its competitive advantages, such as its customers’ loyalty, open access to capital markets, and low regulatory risk, provide additional reassurance for investors.