American Electric Power Company Inc (NASDAQ: AEP) on Friday, plunged -0.03% from the previous trading day, before settling in for the closing price of $99.89. Within the past 52 weeks, AEP’s price has moved between $75.22 and $105.18.
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During the last 5-year period, the sales growth of Utilities Sector giant was 4.02%. The company achieved an average annual earnings per share of 7.19%. With a float of $530.94 million, this company’s outstanding shares have now reached $532.57 million.
Let’s determine the extent of company efficiency that accounts for 17250 employees. In terms of profitability, gross margin is 54.6%, operating margin of 20.48%, and the pretax margin is 12.4%.
American Electric Power Company Inc (AEP) Breakdown of a Key Holders of the stock
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of American Electric Power Company Inc is 0.31%, while institutional ownership is 77.51%. 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) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.23 earnings per share (EPS) for the period falling under the consensus outlook (set at 1.26) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.39% 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
American Electric Power Company Inc (AEP) is currently performing well based on its current performance indicators. A quick ratio of 0.41 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 2.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.98, a number that is poised to hit 1.27 in the next quarter and is forecasted to reach 5.89 in one year’s time.
Technical Analysis of American Electric Power Company Inc (AEP)
Looking closely at American Electric Power Company Inc (NASDAQ: AEP), its last 5-days average volume was 2.11 million, which is a drop from its year-to-date volume of 3.13 million. As of the previous 9 days, the stock’s Stochastic %D was 86.63%. Additionally, its Average True Range was 1.55.
During the past 100 days, American Electric Power Company Inc’s (AEP) raw stochastic average was set at 67.89%, which indicates a significant decrease from 89.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.70% in the past 14 days, which was lower than the 18.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.78, while its 200-day Moving Average is $92.39. However, in the short run, American Electric Power Company Inc’s stock first resistance to watch stands at $100.33. Second resistance stands at $100.79. The third major resistance level sits at $101.31. If the price goes on to break the first support level at $99.35, it is likely to go to the next support level at $98.83. Now, if the price goes above the second support level, the third support stands at $98.37.
American Electric Power Company Inc (NASDAQ: AEP) Key Stats
Market capitalization of the company is 53.17 billion based on 532,120K outstanding shares. Right now, sales total 18,982 M and income totals 2,208 M. The company made 5,420 M in profit during its latest quarter, and 959,600 K in sales during its previous quarter.
