Analysts have flagged American States Water Co. as overbought, with an RSI of 70.3. The stock is set to report Q1 earnings on May 6, following a strong 10% gain over the last month and nearing its 52-week high.
AWR downgraded from Neutral to Underperform, price target lowered to $71. AWR has a 32% premium, facing potential multiple compression. Regulatory approvals have positively impacted AWR's forecast. High premiums may be unsustainable, yet ESG trends could bolster water utilities. Expected EPS for AWR remains strong, with estimates rising through 2027.