AES Corp (NYSE: AES) on Monday, soared 2.13% from the previous trading day, before settling in for the closing price of $13.60. Within the past 52 weeks, AES’s price has moved between $13.30 and $22.21.
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Annual sales at Utilities sector company grew by 3.74% over the past five years. The company achieved an average annual earnings per share of 9.54%. With a float of $709.46 million, this company’s outstanding shares have now reached $711.03 million.
Let’s look at the performance matrix of the company that is accounted for 9600 employees. 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
Observing investor behavior towards Utilities – Diversified industry stocks is more important than anything else. The insider ownership of AES Corp is 0.22%, while institutional ownership is 98.45%. 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 9.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.25% during the next five years compared to -25.72% drop over the previous five years of trading.
AES Corp (NYSE: AES) Trading Performance Indicators
AES Corp (AES) is currently performing well based on its current performance indicators. A quick ratio of 0.80 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 0.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.44, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 2.06 in one year’s time.
Technical Analysis of AES Corp (AES)
AES Corp (NYSE: AES) saw its 5-day average volume 22.48 million, a positive change from its year-to-date volume of 8.65 million. As of the previous 9 days, the stock’s Stochastic %D was 9.03%. Additionally, its Average True Range was 0.66.
During the past 100 days, AES Corp’s (AES) raw stochastic average was set at 8.49%, which indicates a significant decrease from 14.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.14% in the past 14 days, which was higher than the 44.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.49, while its 200-day Moving Average is $17.67. Nevertheless, the first resistance level for the watch stands at $14.11 in the near term. At $14.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.71. If the price goes on to break the first support level at $13.50, it is likely to go to the next support level at $13.11. Assuming the price breaks the second support level, the third support level stands at $12.90.
AES Corp (NYSE: AES) Key Stats
Market capitalization of the company is 9.84 billion based on 711,027K outstanding shares. Right now, sales total 12,668 M and income totals 249,000 K. The company made 3,289 M in profit during its latest quarter, and 502,000 K in sales during its previous quarter.
