York Water Co (YORW) Stock AnalysisYORWYork Water Co

The York Water Company is a provider of water and wastewater utility services. The Company's primary business is to impound, purify to meet or exceed safe drinking water standards and distribute water. The Company also owns and operates three wastewater collection systems and twelve wastewater collection and treatment systems. The Company operates within its franchised water and wastewater territory, which covers portions of 58 municipalities within four counties in south-central Pennsylvania. The Company is regulated by the Pennsylvania Public Utility Commission (PPUC) for both water and wastewater in the areas of billing, payment procedures, dispute processing, terminations, service territory, debt and equity financing and rate setting. Water service is supplied through its own distribution system. The Company obtains the bulk of its water supply for its primary system for York and Adams Counties from both the South Branch and East Branch of the Codorus Creek. It operates in the Utilities sector (WATER SUPPLY industry).

York Water Co is a good buy right now, trading at $30.94 with a forward P/E of 25.45, indicating potential for growth. The company has a strong dividend history, having paid dividends for 210 years, and is expected to increase annual revenue by $18.85 million due to a recent rate hike approval. However, the main risk is its current ratio of 1.05, which indicates a tight liquidity position.

1 analysts cover YORW: 0 rate it Buy, 0 Hold and 1 Sell.