On Friday, AES Corp (NYSE: AES) was -0.16% drop from the session before settling in for the closing price of $12.43. A 52-week range for AES has been $9.88 – $22.21.
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A company in the Utilities sector has jumped its sales by 4.14% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -0.84%. With a float of $708.30 million, this company’s outstanding shares have now reached $711.07 million.
In an organization with 9100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 18.84%, operating margin of 8.35%, and the pretax margin is 6.31%.
AES Corp (AES) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward AES Corp stocks. The insider ownership of AES Corp is 0.51%, while institutional ownership is 93.64%. 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
According to the Wall Street analysts, stocks earnings will be around -0.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.72% during the next five years compared to 39.18% growth over the previous five years of trading.
AES Corp (NYSE: AES) Trading Performance Indicators
You can see what AES Corp (AES) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.37, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.22 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 10.09 million. That was inferior than the volume of 15.49 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.60%. Additionally, its Average True Range was 0.44.
During the past 100 days, AES Corp’s (AES) raw stochastic average was set at 40.03%, which indicates a significant decrease from 51.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.23% in the past 14 days, which was lower than the 46.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.40, while its 200-day Moving Average is $15.08. However, in the short run, AES Corp’s stock first resistance to watch stands at $12.62. Second resistance stands at $12.84. The third major resistance level sits at $12.95. If the price goes on to break the first support level at $12.30, it is likely to go to the next support level at $12.19. The third support level lies at $11.97 if the price breaches the second support level.
AES Corp (NYSE: AES) Key Stats
There are 711,901K outstanding shares of the company, which has a market capitalization of 8.83 billion. As of now, sales total 12,278 M while income totals 1,679 M. Its latest quarter income was 2,962 M while its last quarter net income were 560,000 K.
