Aqua America stock: buy or sell?
August 23rd, 2019
Aqua America, Inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States.
Should I buy Aqua America stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
These 2 buy setups match with Aqua America stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Aqua America stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we detected 6 ratings published for WTR stock in the last month. The general sentiment of these ratings is bullish for WTR stock, with 5 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-15||Bank of America||n/a||Buy|
|2019-2-5||Janney Montgomery Scott||n/a||Buy|
Aqua America stock analysis
After several days of continuous hikes in past weeks, Aqua America slipped -1.68% to $43.34.
After reaching all time highs on Tuesday, Aqua America slipped -1.68% today to $43.34. On May, SMA100d and SMA200d crossed up triggering a rise of 15.94%. From a daily perspective, WTR is in a short term uptrend after plotting its last bottom ($42.93, on Aug 14th) higher than the previous bottom, and its last top ($44.60, on Tuesday) also over the previous top. Now trading in between its last bottom and last top WTR might consolidate in a plain range, waiting to break out over $44.60 or down under $42.93. On April WTR price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. On Tuesday, WTR hit new all time highs, pushing higher previous ATH of $44.58 recorded on Monday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Despite of the red candle ($43.34, -2.12%), Aqua America topped new all time high at $44.60. This week broke a green streak of 4 weeks.
Price pattern shows an uptrend with two rising tops and bottoms, and now finally trading above the $37.22 resistance. Since SMA20d and SMA40w crossed up late April, WTR price climbed $5.13 per share (13.43%). Since early February when WTR stock price broke up the SMA40w line, it gained $9.24 (27.10%).
Aqua America stock price history
Aqua America stock went public on May 13th, 1985 with a price of $0.011. Since then, WTR stock surged a 433,300.00%, with a yearly average of 12,744.10%. If you had invested right after WTR's IPO a $1,000 in Aqua America stock in 1985, it would worth $4,333,000.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Aqua America stock historical price chart
WTR stock reached all-time highs on Tuesday with a price of $44.60.
Aqua America stock price target is $44.80How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 4 price targets for Aqua America stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-15||Bank of America||Initiates||n/a||$45.00||-|
|2019-6-28||HSBC||Set Price Target||n/a||$46.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAqua America failed analysts on February when it reported an Earnings per Share (EPS) of $0.31 when the analysts' forecast was $0.32.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Aqua America annual turnover inched a nice 3.53% to $838.09 M USD from $809.53 marked in 2017. However, its income margin (compared to sales) fell to 22.91%, that is $191.99 million.
|2013||$769 M||-||$205 M26.7%||-|
|2014||$780 M||1.47%||$233 M29.9%||13.78%|
|2015||$814 M||4.40%||$202 M24.8%||-13.48%|
|2016||$820 M||0.70%||$234 M28.6%||16.05%|
|2017||$810 M||-1.26%||$240 M29.6%||2.37%|
|2018||$838 M||3.53%||$192 M22.9%||-19.92%|
Quarterly financial resultsAqua America reported $205.75 million in sales for 2018-Q4, a -9.02% decline compared to previous quarter. Reported quarter earnings marked $-3.66 M with a profit margin of -1.78%. Profit margin plunged a -36.37% compared to previous quarter when profit margin was 34.59%. When comparing turnover to same quarter last year, Aqua America sales marked a tiny gain and gained a 1.20%.
|2017-Q1||$188 M||-||$49 M26.1%||-|
|2017-Q2||$203 M||8.32%||$61 M30.0%||24.25%|
|2017-Q3||$215 M||5.70%||$76 M35.5%||25.02%|
|2017-Q4||$203 M||-5.44%||$53 M26.3%||-29.85%|
|2018-Q1||$194 M||-4.41%||$51 M26.2%||-4.93%|
|2018-Q2||$212 M||9.01%||$67 M31.4%||30.98%|
|2018-Q3||$226 M||6.74%||$78 M34.6%||17.46%|
|2018-Q4||$206 M||-9.02%||$-4 M-1.8%||-104.68%|
Aqua America ownershipWhen you are planning to invest in a stock, it's worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Aqua America, 0.29% of all outstanding shares are owned by its staff.
In case of Aqua America stock, 59.01% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for WTR stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Aqua America:
|Market cap||$7.7 B||$307.6 M||$22.5 B||$3.3 B||$840.8 M|
|Total shares||177.9 M||8.4 M||180.5 M||36.8 M||12.1 M|
|Float shares||215.1 M||8.3 M||180.2 M||36.3 M||11.9 M|
|- Institutional holdings (%)||59.0%||47.7%||88.1%||74.4%||52.5%|
|- Insider holdings (%)||0.3%||4.0%||0.2%||1.0%||2.1%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
Aqua America summary
|Friday, August 23rd, 2019|
|Day range||$43.17 - $44.36|
|Average true range||$0.78|
|50d mov avg||$41.76|
|100d mov avg||$39.95|
|200d mov avg||$37.10|
Aqua America performanceTo better understand Aqua America performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Aqua America performance to Artesian Resources, , American States Water, Connecticut Water Service, California Water Service, Middlesex Water, SJW and The York Water:
|AWRAmerican States W...||19.53%||24.86%||47.83%|
|CWTCalifornia Water ...||10.28%||6.08%||37.64%|
|YORWThe York Water||4.10%||4.33%||26.51%|