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研究快讯:CFRA维持对美国水务公司股票的持有评级。

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-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下:我们将AWK的12个月目标价下调1美元至139美元,相当于2027年每股收益预期值的21.2倍,低于AWK五年远期平均市盈率25.1倍。我们维持2026年每股收益预期6.09美元不变,并将2027年每股收益预期上调0.08美元至6.58美元。第一季度每股收益低于预期(-7.4%),这是近期一系列业绩不及预期中的最新一起,过去九个季度中有七个季度低于预期,平均低于预期3.1%。我们维持“持有”评级,反映了我们对风险和回报较为平衡的看法,尤其是在WTRG合并案方面,尽管肯塔基州的监管批准在一定程度上缓解了交易的不确定性。我们认为,长期高利率将对估值构成压力。在联邦公开市场委员会(FOMC)最近一次会议上,三位地区总裁支持维持利率不变,但否定了声明中体现的宽松倾向,我们认为这表明美联储的下一步行动可能不会是降息。我们认为,Nexus Water Group Systems的预期交割日期提前(2026年6月30日而非2026年8月)将提振2026年的销售额,因为我们目前预计其同比增长7%。

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