American Water Works (AWK) Is Up 2.48% in One Week: What You Should Know

Company Overview - American Water Works (AWK) currently holds a Momentum Style Score of B, indicating a positive outlook based on momentum investing principles [3] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4] Price Performance - Over the past week, AWK shares have increased by 2.48%, while the Zacks Utility - Water Supply industry has decreased by 0.15% [6] - In a longer time frame, AWK's monthly price change is 11.45%, outperforming the industry's 5.48% [6] - Over the last quarter, AWK shares have risen by 5.84%, and they are up 16.5% over the past year, compared to the S&P 500's performance of -5.43% and 13.83%, respectively [7] Trading Volume - AWK's average 20-day trading volume is 1,583,557 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, three earnings estimates for AWK have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $5.69 to$5.71 [10] - For the next fiscal year, three estimates have moved upwards, with one downward revision noted [10] Conclusion - Given the positive price trends, trading volume, and earnings outlook, AWK is positioned as a strong momentum pick and is recommended for consideration in investment strategies [12]