This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Utility Stocks With Upside

6. American States Water (AWR - Get Report), a holding company, purchases, distributes and sells water.

Analysts polled by Bloomberg expect the company to report earnings of 46 cents per share for 2010 fourth quarter, compared to 18 cents and 30 cents per share reported for the year-ago and quarter-ago periods, respectively. For the full year, analysts foresee the company reporting earnings per share of $1.89 for 2010, $2.17 for 2011 and $2.30 for 2012, in comparison to earnings of $1.62 per share reported for 2009.

At $33.7, the stock is trading at a lower price-to-earnings multiple of 17.7, compared to its peers. Aqua America, Artesian Resources, SJW, and Pennichuck (PNNW) are trading at PE multiples of 25.8, 18.4, 24.8 and 33.6, respectively. In addition, American States Water's EV-to-EBITDA ratio of 7.8 is below that of its competitors.

Of the five analysts covering the stock, one recommends buying, three rate holding and one suggests selling. The stock's average price target, based on analysts surveyed by Bloomberg, is $39.5, about 17% higher than the current level.

6 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CHC $0.00 0.00%
AES $13.25 -1.56%
AWR $39.64 -0.70%
CWT $24.50 -0.93%
CTWS $36.80 0.55%


DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs