Essential Utilities Inc
WTRG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$46.00 | Bqgnhhv | Bcxdmlh |
Essential Utilities Earnings: Imminent PFAS Rules Could Create Regulatory Uncertainty
We reaffirm our $42 fair value estimate for Essential Utilities after the company reported earning $1.86 per share in 2023, up from $1.77 in 2022 and in line with our estimate and management's guidance range. We also reaffirm our narrow moat rating.