Palantir to report; Trump on Nvidia chip exports - what’s moving markets
Aqua America Inc. stock reached a 52-week high, hitting a price of 41.71 USD, with a market capitalization of $11.7 billion. According to InvestingPro data, the stock has demonstrated impressive momentum with a 16.6% gain year-to-date. This milestone reflects a positive trend for the company over the past year, with its stock experiencing a 1-year total return of 5.3%. The water utility company has shown resilience in the market, demonstrating consistently low price volatility and maintaining dividend payments for 55 consecutive years. Trading at a P/E ratio of 17.8, the stock currently appears to be trading above its Fair Value based on InvestingPro analysis, which offers 8 additional key insights about the company’s financial health and prospects.
In other recent news, Essential Utilities Inc. reported strong financial results for the second quarter of 2025, with earnings per share (EPS) of $0.38, surpassing the forecasted $0.29 by 31.03%. The company’s revenue also exceeded expectations, reaching $514.9 million, a 10.07% increase over projections. In light of these results, Jefferies raised its price target for Essential Utilities to $47.00, citing improved fundamentals and extended long-term visibility. Similarly, UBS increased its price target to $47.00, maintaining a Buy rating, and highlighted the company’s reiterated guidance metrics, including long-term annual EPS growth of 5% to 7%. Barclays initiated coverage of Essential Utilities with an Overweight rating and a price target of $42.00, noting its dual role in the water and gas industries across various U.S. states. Additionally, Essential Utilities announced the appointment of Sadzi Martha Oliva as the new president of Aqua Indiana, succeeding Bob Ervin, who is retiring. These developments reflect a period of strategic growth and leadership transition for the company.
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