American States Water (AWR) recently announced earnings, a dividend increase, and new California rate hikes, sparking re-evaluation of its stock. The company is currently trading slightly above its updated fair value estimate of $72.00, which has been lowered from $81.50 due to revised assumptions including higher discount rates and moderated revenue growth. Despite the positive news, AWR’s share price performance has been subdued, leading analysts to trim price targets while noting firmer profit margins.
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A Look At American States Water (AWR) Valuation After Earnings, California Rate Hikes And Dividend Increase
American States Water (AWR) recently announced earnings, a dividend increase, and new California rate hikes, sparking re-evaluation of its stock. The company is currently trading slightly above its updated fair value estimate of $72.00, which has been lowered from $81.50 due to revised assumptions including higher discount rates and moderated revenue growth. Despite the positive news, AWR’s share price performance has been subdued, leading analysts to trim price targets while noting firmer profit margins.