On Monday, AES Corp. (NYSE: AES) was -4.90% drop from the session before settling in for the closing price of $17.13. A 52-week range for AES has been $11.43 – $22.21.
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During the last 5-year period, the sales growth of Utilities Sector giant was 3.74%. When this article was written, the company’s average yearly earnings per share was at 8.85%. With a float of $709.70 million, this company’s outstanding shares have now reached $710.92 million.
Let’s determine the extent of company efficiency that accounts for 9600 employees.
AES Corp. (AES) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward AES Corp. stocks. The insider ownership of AES Corp. is 0.17%, while institutional ownership is 103.12%. The most recent insider transaction that took place on Jun 06 ’24, was worth 305,250. In this transaction SVP & Chief Accounting Officer of this company sold 15,000 shares at a rate of $20.35, taking the stock ownership to the 43,334 shares. Before that another transaction happened on May 20 ’24, when Company’s EVP & Chief HR Officer sold 66,250 for $21.21, making the entire transaction worth $1,405,162. This insider now owns 199,481 shares in total.
AES Corp. (AES) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.6 earnings per share (EPS) during the time that was better than consensus figure (set at 0.54) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.10% during the next five years compared to -25.72% drop over the previous five years of trading.
AES Corp. (NYSE: AES) Trading Performance Indicators
You can see what AES Corp. (AES) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.05, a number that is poised to hit 0.61 in the next quarter and is forecasted to reach 2.09 in one year’s time.
Technical Analysis of AES Corp. (AES)
Looking closely at AES Corp. (NYSE: AES), its last 5-days average volume was 10.93 million, which is a jump from its year-to-date volume of 8.2 million. As of the previous 9 days, the stock’s Stochastic %D was 39.99%. Additionally, its Average True Range was 0.63.
During the past 100 days, AES Corp.’s (AES) raw stochastic average was set at 20.75%, which indicates a significant increase from 14.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.48% in the past 14 days, which was lower than the 39.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.71, while its 200-day Moving Average is $17.61. However, in the short run, AES Corp.’s stock first resistance to watch stands at $16.83. Second resistance stands at $17.37. The third major resistance level sits at $17.78. If the price goes on to break the first support level at $15.87, it is likely to go to the next support level at $15.46. Should the price break the second support level, the third support level stands at $14.92.
AES Corp. (NYSE: AES) Key Stats
There are 710,667K outstanding shares of the company, which has a market capitalization of 11.58 billion. As of now, sales total 12,668 M while income totals 249,000 K. Its latest quarter income was 3,085 M while its last quarter net income were 432,000 K.
