Based on the current market data and recent analyst coverage, here's a concise analysis of AWK stock:
Technical Analysis
The stock is currently trading at $122.62, showing a slight increase of 0.11% in regular market hours. The RSI-14 at 43.71 indicates a neutral to slightly oversold condition. The stock is trading below both its 20-day SMA ($124.06) and 60-day SMA ($128.35), suggesting a bearish short-term trend.
Recent Developments
AWK is approaching its ex-dividend date on February 7, 2025, with a quarterly dividend of $0.765 scheduled for March 4, 2025. The company maintains a 2.47% dividend yield and is progressing toward becoming a potential "Dividend Aristocrat" with 16+ years of consecutive dividend increases.
Analyst Sentiment
Recent analyst actions show mixed sentiment:
- JP Morgan maintained Hold rating with PT lowered to $128 (January 28, 2025)
- Wells Fargo upgraded from Sell to Hold with PT $129 (January 7, 2025)
- UBS upgraded to Strong Buy with PT $155 (November 19, 2024)
Recommendation
SELL. The stock is showing technical weakness by trading below key moving averages, and recent analyst actions suggest limited upside potential. The upcoming ex-dividend date might create short-term selling pressure, and the stock's position relative to its Fibonacci levels ($122.48 support, $128.83 resistance) indicates potential further downside.