American Electric Power Company Inc (AEP) recent activity suggests a positive outlook with the last week’s performance of -0.09%

American Electric Power Company Inc (NASDAQ: AEP) kicked off on Friday, up 2.72% from the previous trading day, before settling in for the closing price of $93.76. Over the past 52 weeks, AEP has traded in a range of $75.22-$105.18.

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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 4.02%. While this was happening, its average annual earnings per share was recorded 7.07%. With a float of $532.13 million, this company’s outstanding shares have now reached $532.57 million.

The extent of productivity of a business whose workforce counts for 17250 workers is very important to gauge. In terms of profitability, gross margin is 46.17%, operating margin of 20.48%, and the pretax margin is 12.4%.

American Electric Power Company Inc (AEP) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of American Electric Power Company Inc is 0.08%, while institutional ownership is 77.72%. 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) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.23 earnings per share (EPS), lower than consensus estimate (set at 1.26) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.37 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 7.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.49% 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

Take a look at American Electric Power Company Inc’s (AEP) current performance indicators. Last quarter, stock had a quick ratio of 0.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.65.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.98, a number that is poised to hit 1.28 in the next quarter and is forecasted to reach 5.91 in one year’s time.

Technical Analysis of American Electric Power Company Inc (AEP)

The latest stats from [American Electric Power Company Inc, AEP] show that its last 5-days average volume of 3.52 million was superior to 3.16 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 24.55%. Additionally, its Average True Range was 1.82.

During the past 100 days, American Electric Power Company Inc’s (AEP) raw stochastic average was set at 51.66%, which indicates a significant increase from 47.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.18% in the past 14 days, which was higher than the 18.48% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $99.74, while its 200-day Moving Average is $91.46. Now, the first resistance to watch is $97.23. This is followed by the second major resistance level at $98.15. The third major resistance level sits at $99.87. If the price goes on to break the first support level at $94.60, it is likely to go to the next support level at $92.88. The third support level lies at $91.96 if the price breaches the second support level.

American Electric Power Company Inc (NASDAQ: AEP) Key Stats

The company with the Market Capitalisation of 52.69 billion has total of 532,120K Shares Outstanding. Its annual sales at the moment are 18,982 M in contrast with the sum of 2,208 M annual income. Company’s last quarter sales were recorded 5,420 M and last quarter income was 959,600 K.