On Tuesday, American Electric Power Company Inc (NASDAQ: AEP) opened lower -2.69% from the last session, before settling in for the closing price of $107.32. Price fluctuations for AEP have ranged from $79.16 to $109.52 over the past 52 weeks.
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During the last 5-year period, the sales growth of Utilities Sector giant was 5.35%. Company’s average yearly earnings per share was noted 4.60% at the time writing. With a float of $531.45 million, this company’s outstanding shares have now reached $532.91 million.
Let’s determine the extent of company efficiency that accounts for 16330 employees. In terms of profitability, gross margin is 63.18%, operating margin of 21.82%, and the pretax margin is 14.42%.
American Electric Power Company Inc (AEP) Insider Activity
A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of American Electric Power Company Inc is 0.33%, while institutional ownership is 77.45%. 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) Earnings and Forecasts
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 4.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.27% during the next five years compared to 7.56% growth over the previous five years of trading.
American Electric Power Company Inc (NASDAQ: AEP) Trading Performance Indicators
Check out the current performance indicators for American Electric Power Company Inc (AEP). In the past quarter, the stock posted a quick ratio of 0.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.59, a number that is poised to hit 1.44 in the next quarter and is forecasted to reach 6.30 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 4.11 million, which is a jump from its year-to-date volume of 3.46 million. As of the previous 9 days, the stock’s Stochastic %D was 49.84%. Additionally, its Average True Range was 2.39.
During the past 100 days, American Electric Power Company Inc’s (AEP) raw stochastic average was set at 74.04%, which indicates a significant increase from 37.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.07% in the past 14 days, which was higher than the 20.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $99.46, while its 200-day Moving Average is $96.72. However, in the short run, American Electric Power Company Inc’s stock first resistance to watch stands at $106.82. Second resistance stands at $109.20. The third major resistance level sits at $110.42. If the price goes on to break the first support level at $103.22, it is likely to go to the next support level at $102.00. Should the price break the second support level, the third support level stands at $99.62.
American Electric Power Company Inc (NASDAQ: AEP) Key Stats
There are currently 533,211K shares outstanding in the company with a market cap of 55.68 billion. Presently, the company’s annual sales total 19,721 M according to its annual income of 2,967 M. Last quarter, the company’s sales amounted to 4,696 M and its income totaled 664,100 K.
