Is American States Stock a Good Investment?
American States Investment Advice | AWR |
- Examine American States' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research American States' leadership team and their track record. Good management can help American States navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Water Utilities space and any emerging trends that could impact American States' business and its evolving consumer preferences.
- Compare American States' performance and market position to its competitors. Analyze how American States is positioned in terms of product offerings, innovation, and market share.
- Check if American States pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about American States' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in American States Water stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if American States Water is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine American States Stock
Researching American States' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 81.0% of the company shares are held by institutions such as insurance companies. The book value of American States was presently reported as 23.27. The company last dividend was issued on the 15th of November 2024. American States Water had 2:1 split on the 4th of September 2013.
To determine if American States is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding American States' research are outlined below:
| American States Water has 917.88 M in debt with debt to equity (D/E) ratio of 0.99, which is OK given its current industry classification. American States Water has a current ratio of 0.36, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for American to invest in growth at high rates of return. | |
| Over 81.0% of American States shares are held by institutions such as insurance companies | |
| Latest headline from fool.com: 2 Outstanding Dividend King Stocks and 1 ETF to Buy for a Lifetime of Passive Income |
American States Quarterly Good Will |
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American States uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in American States Water. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to American States' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact American States' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises American States' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2002-02-19 | 2001-12-31 | 0.1 | 0.09 | -0.01 | 10 | ||
2000-05-08 | 2000-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2000-02-11 | 1999-12-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2012-03-12 | 2011-12-31 | 0.2 | 0.18 | -0.02 | 10 | ||
2009-05-11 | 2009-03-31 | 0.12 | 0.14 | 0.02 | 16 | ||
2009-03-12 | 2008-12-31 | 0.18 | 0.2 | 0.02 | 11 | ||
2006-08-09 | 2006-06-30 | 0.2 | 0.18 | -0.02 | 10 | ||
2005-08-04 | 2005-06-30 | 0.19 | 0.17 | -0.02 | 10 |
Know American States' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as American States is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading American States Water backward and forwards among themselves. American States' institutional investor refers to the entity that pools money to purchase American States' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2024-06-30 | 450.8 K | Millennium Management Llc | 2024-06-30 | 440.6 K | Charles Schwab Investment Management Inc | 2024-09-30 | 418.7 K | Legal & General Group Plc | 2024-06-30 | 392 K | Principal Financial Group Inc | 2024-09-30 | 382 K | Sam Sustainable Asset Management Ltd | 2024-09-30 | 339.9 K | Jpmorgan Chase & Co | 2024-06-30 | 272.4 K | Assenagon Asset Management Sa | 2024-09-30 | 271.3 K | Amundi | 2024-06-30 | 232.2 K | Blackrock Inc | 2024-06-30 | 6.6 M | Vanguard Group Inc | 2024-09-30 | 4.8 M |
American States' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 3.22 B.Market Cap |
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American States' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.03 | |
| Return On Capital Employed | 0.09 | 0.07 | |
| Return On Assets | 0.06 | 0.03 | |
| Return On Equity | 0.16 | 0.17 |
Determining American States' profitability involves analyzing its financial statements and using various financial metrics to determine if American States is a good buy. For example, gross profit margin measures American States' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of American States' profitability and make more informed investment decisions.
Evaluate American States' management efficiency
American States Water has Return on Asset of 0.0496 % which means that on every $100 spent on assets, it made $0.0496 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1348 %, implying that it generated $0.1348 on every 100 dollars invested. American States' management efficiency ratios could be used to measure how well American States manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/30/2024, Return On Equity is likely to grow to 0.17, while Return On Tangible Assets are likely to drop 0.03. At this time, American States' Non Currrent Assets Other are relatively stable compared to the past year. As of 11/30/2024, Deferred Long Term Asset Charges is likely to grow to 9,200, while Non Current Assets Total are likely to drop slightly above 1.1 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 20.99 | 10.99 | |
| Tangible Book Value Per Share | 20.96 | 10.94 | |
| Enterprise Value Over EBITDA | 15.35 | 9.52 | |
| Price Book Value Ratio | 3.83 | 4.02 | |
| Enterprise Value Multiple | 15.35 | 9.52 | |
| Price Fair Value | 3.83 | 4.02 | |
| Enterprise Value | 1.5 B | 783.1 M |
Effective management at American States has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Dividend Yield 0.0218 | Forward Dividend Yield 0.0218 | Forward Dividend Rate 1.86 | Beta 0.489 |
Basic technical analysis of American Stock
As of the 30th of November, American States shows the risk adjusted performance of 0.0651, and Mean Deviation of 0.8915. American States Water technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm American States Water standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if American States Water is priced correctly, providing market reflects its regular price of 85.31 per share. Given that American States has jensen alpha of 0.0317, we suggest you to validate American States Water's prevailing market performance to make sure the company can sustain itself at a future point.American States' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific American States insiders, such as employees or executives, is commonly permitted as long as it does not rely on American States' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases American States insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
American States' Outstanding Corporate Bonds
American States issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. American States Water uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most American bonds can be classified according to their maturity, which is the date when American States Water has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand American States' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing American States' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0651 | |||
| Market Risk Adjusted Performance | 0.2143 | |||
| Mean Deviation | 0.8915 | |||
| Semi Deviation | 0.9368 | |||
| Downside Deviation | 1.05 | |||
| Coefficient Of Variation | 1239.51 | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.37 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0317 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.2043 | |||
| Maximum Drawdown | 6.07 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 2.25 | |||
| Downside Variance | 1.1 | |||
| Semi Variance | 0.8776 | |||
| Expected Short fall | (1.04) | |||
| Skewness | 0.2716 | |||
| Kurtosis | 0.4984 |
| Risk Adjusted Performance | 0.0651 | |||
| Market Risk Adjusted Performance | 0.2143 | |||
| Mean Deviation | 0.8915 | |||
| Semi Deviation | 0.9368 | |||
| Downside Deviation | 1.05 | |||
| Coefficient Of Variation | 1239.51 | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.37 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0317 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.2043 | |||
| Maximum Drawdown | 6.07 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 2.25 | |||
| Downside Variance | 1.1 | |||
| Semi Variance | 0.8776 | |||
| Expected Short fall | (1.04) | |||
| Skewness | 0.2716 | |||
| Kurtosis | 0.4984 |
Consider American States' intraday indicators
American States intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of American States stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1795.38 | |||
| Daily Balance Of Power | (0.05) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 85.44 | |||
| Day Typical Price | 85.39 | |||
| Price Action Indicator | (0.15) | |||
| Period Momentum Indicator | (0.06) | |||
| Relative Strength Index | 63.64 |
American States Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 6th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 23rd of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 20th of June 2024 Other Reports | ViewVerify |
American Stock media impact
Far too much social signal, news, headlines, and media speculation about American States that are available to investors today. That information is available publicly through American media outlets and privately through word of mouth or via American internal channels. However, regardless of the origin, that massive amount of American data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of American States news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of American States relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to American States' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive American States alpha.
American States Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards American States can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
American States Corporate Directors
| James Anderson | Independent Director | Profile | |
| Diana Bonta | Independent Director | Profile | |
| Janice Wilkins | Independent Director | Profile | |
| Mary Hopkins | Independent Director | Profile |
Already Invested in American States Water?
The danger of trading American States Water is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of American States is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than American States. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile American States Water is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for American Stock Analysis
When running American States' price analysis, check to measure American States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American States is operating at the current time. Most of American States' value examination focuses on studying past and present price action to predict the probability of American States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American States' price. Additionally, you may evaluate how the addition of American States to your portfolios can decrease your overall portfolio volatility.