AES Corp (NYSE: AES) kicked off on Tuesday, down -4.41% from the previous trading day, before settling in for the closing price of $13.16. Over the past 52 weeks, AES has traded in a range of $12.97-$22.21.
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Annual sales at Utilities sector company grew by 3.74% over the past five years. While this was happening, its average annual earnings per share was recorded 10.02%. With a float of $709.66 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 19.43%, operating margin of 17.27%, and the pretax margin is -0.44%.
AES Corp (AES) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Diversified Industry. The insider ownership of AES Corp is 0.19%, while institutional ownership is 98.32%. 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.73 earnings per share (EPS), higher than consensus estimate (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 10.02% 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
Take a look at AES Corp’s (AES) current performance indicators. Last quarter, stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73.
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 2.07 in one year’s time.
Technical Analysis of AES Corp (AES)
AES Corp (NYSE: AES) saw its 5-day average volume 21.51 million, a positive change from its year-to-date volume of 9.02 million. As of the previous 9 days, the stock’s Stochastic %D was 7.17%. Additionally, its Average True Range was 0.57.
During the past 100 days, AES Corp’s (AES) raw stochastic average was set at 0.64%, which indicates a significant decrease from 2.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.52% in the past 14 days, which was lower than the 43.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.60, while its 200-day Moving Average is $17.49. Nevertheless, the first resistance level for the watch stands at $12.91 in the near term. At $13.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.43. If the price goes on to break the first support level at $12.39, it is likely to go to the next support level at $12.20. The third support level lies at $11.87 if the price breaches the second support level.
AES Corp (NYSE: AES) Key Stats
The company with the Market Capitalisation of 8.94 billion has total of 711,027K Shares Outstanding. Its annual sales at the moment are 12,668 M in contrast with the sum of 249,000 K annual income. Company’s last quarter sales were recorded 3,289 M and last quarter income was 502,000 K.
