AES Corp (NYSE: AES) on Monday, plunged -1.65% from the previous trading day, before settling in for the closing price of $13.97. Within the past 52 weeks, AES’s price has moved between $13.27 and $22.21.
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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. The company achieved an average annual earnings per share of 9.54%. With a float of $709.43 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 19.43%, operating margin of 17.27%, and the pretax margin is -0.44%.
AES Corp (AES) Insider and Institutional Ownership
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 98.25%. 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) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.73 earnings per share (EPS) for the period topping the consensus outlook (set at 0.67) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.
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 0.79.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 12.03 million. That was better than the volume of 8.72 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.39%. Additionally, its Average True Range was 0.61.
During the past 100 days, AES Corp’s (AES) raw stochastic average was set at 6.69%, which indicates a significant decrease from 13.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.54% in the past 14 days, which was higher than the 44.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.20, while its 200-day Moving Average is $17.59. However, in the short run, AES Corp’s stock first resistance to watch stands at $13.87. Second resistance stands at $14.00. The third major resistance level sits at $14.07. If the price goes on to break the first support level at $13.67, it is likely to go to the next support level at $13.60. The third support level lies at $13.47 if the price breaches the second support level.
AES Corp (NYSE: AES) Key Stats
Market capitalization of the company is 9.75 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.
