Essential Utilities Inc
WTRG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$42.00 | Rhbqxrw | Djknkxjcb |
Essential Utilities Closes Solid 2022; Delcora Aquisition Still a Big Uncertainty
We are reaffirming our $42 fair value estimate for Essential Utilities after the company reported earning $1.77 per share in 2022, up from $1.67 in 2021. This was in line with our outlook and management's guidance. We are reaffirming our narrow moat and stable moat trend ratings.