American Electric Power Company Inc. (NASDAQ: AEP) on Tuesday, plunged -0.27% from the previous trading day, before settling in for the closing price of $100.16. Within the past 52 weeks, AEP’s price has moved between $72.01 and $105.18.
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Utilities Sector giant saw their annual sales surged by 4.02% over the last five years. The company achieved an average annual earnings per share of 7.11%. With a float of $531.69 million, this company’s outstanding shares have now reached $532.12 million.
The firm has a total of 17250 workers. Let’s measure their productivity. In terms of profitability, gross margin is 54.02%, operating margin of 20.57%, and the pretax margin is 12.55%.
American Electric Power Company Inc. (AEP) Insider Activity
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of American Electric Power Company Inc. is 0.08%, while institutional ownership is 76.94%. The most recent insider transaction that took place on Aug 01 ’24, was worth 318,435. Before that another transaction happened on Jul 30 ’24, when Company’s Officer proposed sale 5,274 for $97.98, making the entire transaction worth $516,747.
American Electric Power Company Inc. (AEP) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.77 earnings per share (EPS) for the period topping the consensus outlook (set at 1.7) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.50% during the next five years compared to 1.73% growth over the previous five years of trading.
American Electric Power Company Inc. (NASDAQ: AEP) Trading Performance Indicators
American Electric Power Company Inc. (AEP) is currently performing well based on its current performance indicators. A quick ratio of 0.48 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.01, a number that is poised to hit 1.80 in the next quarter and is forecasted to reach 5.98 in one year’s time.
Technical Analysis of American Electric Power Company Inc. (AEP)
Analysing the last 5-days average volume posted by the [American Electric Power Company Inc., AEP], we can find that recorded value of 2.47 million was lower than the volume posted last year of 3.13 million. As of the previous 9 days, the stock’s Stochastic %D was 67.12%. Additionally, its Average True Range was 1.37.
During the past 100 days, American Electric Power Company Inc.’s (AEP) raw stochastic average was set at 72.52%, which indicates a significant increase from 52.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.74% in the past 14 days, which was lower than the 15.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $100.48, while its 200-day Moving Average is $89.89. Now, the first resistance to watch is $100.36. This is followed by the second major resistance level at $100.82. The third major resistance level sits at $101.40. If the price goes on to break the first support level at $99.32, it is likely to go to the next support level at $98.74. Should the price break the second support level, the third support level stands at $98.28.
American Electric Power Company Inc. (NASDAQ: AEP) Key Stats
Market capitalization of the company is 53.15 billion based on 527,122K outstanding shares. Right now, sales total 18,982 M and income totals 2,208 M. The company made 4,579 M in profit during its latest quarter, and 340,300 K in sales during its previous quarter.
