On Monday, AES Corp (NYSE: AES) opened higher 3.54% from the last session, before settling in for the closing price of $14.71. Price fluctuations for AES have ranged from $14.68 to $22.21 over the past 52 weeks.
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A company in the Utilities sector has jumped its sales by 3.74% annually for the last half of the decade. Company’s average yearly earnings per share was noted 9.33% at the time writing. With a float of $709.46 million, this company’s outstanding shares have now reached $711.03 million.
In an organization with 9600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 25.32%, operating margin of 13.63%, and the pretax margin is -0.44%.
AES Corp (AES) Insider Updates
A key investor’s attitude towards the stock of the Utilities – Diversified industry is another important factor to consider. The insider ownership of AES Corp is 0.22%, while institutional ownership is 97.74%. 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 and President, Renewables sold 66,250 for $21.15, making the entire transaction worth $1,401,188. This insider now owns 300,672 shares in total.
AES Corp (AES) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 9.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.50% during the next five years compared to -25.72% drop over the previous five years of trading.
AES Corp (NYSE: AES) Trading Performance Indicators
Check out the current performance indicators for AES Corp (AES). In the past quarter, the stock posted a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.44, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 2.07 in one year’s time.
Technical Analysis of AES Corp (AES)
Let’s dig in a bit further. During the last 5-days, its volume was 16.79 million. That was better than the volume of 8.32 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.72%. Additionally, its Average True Range was 0.60.
During the past 100 days, AES Corp’s (AES) raw stochastic average was set at 9.79%, which indicates a significant decrease from 16.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.52% in the past 14 days, which was higher than the 41.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.81, while its 200-day Moving Average is $17.74. However, in the short run, AES Corp’s stock first resistance to watch stands at $15.65. Second resistance stands at $16.06. The third major resistance level sits at $16.46. If the price goes on to break the first support level at $14.84, it is likely to go to the next support level at $14.44. Assuming the price breaks the second support level, the third support level stands at $14.03.
AES Corp (NYSE: AES) Key Stats
There are currently 710,924K shares outstanding in the company with a market cap of 9.66 billion. Presently, the company’s annual sales total 12,668 M according to its annual income of 249,000 K. Last quarter, the company’s sales amounted to 2,942 M and its income totaled 185,000 K.
