NYSE:AWKWater Utilities
American Water (AWK) Stock Faces Valuation Doubts Despite Steady Growth
American Water Works Company stock slipped about 1% to US$136.81, even as the latest quarter delivered the kind of steady utility earnings many investors count on. The headline is simple. Adjusted Q2 earnings per share came in at about US$1.61 on revenue of roughly US$1.36b, and management kept full year 2026 guidance intact.
For a water utility often treated as a premium defensive holding, that gap between a modest price decline and reaffirmed earnings guidance raises a key question: Are...