AES Corp (AES) soared 1.75 in the last month: It’s impossible to believe the numbers

On Monday, AES Corp (NYSE: AES) opened higher 1.75% from the last session, before settling in for the closing price of $10.30. Price fluctuations for AES have ranged from $9.88 to $22.21 over the past 52 weeks.

A company in the Utilities sector has jumped its sales by 4.14% annually for the last half of the decade. Company’s average yearly earnings per share was noted 0.01% at the time writing. 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 16.46%, and the pretax margin is 7.16%.

AES Corp (AES) Insider Updates

A key investor’s attitude towards the stock of the Utilities – Diversified industry is another important factor to consider. The insider ownership of AES Corp is 0.51%, while institutional ownership is 93.84%. 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) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.45 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 0.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.79% during the next five years compared to 39.18% growth over the previous five years of trading.

AES Corp (NYSE: AES) Trading Performance Indicators

Check out the current performance indicators for AES Corp (AES). In the past 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 0.61.

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 2.24 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 15.81 million. That was better than the volume of 15.39 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.05%. Additionally, its Average True Range was 0.61.

During the past 100 days, AES Corp’s (AES) raw stochastic average was set at 14.74%, which indicates a significant decrease from 19.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.21% in the past 14 days, which was higher than the 46.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.34, while its 200-day Moving Average is $14.65. However, in the short run, AES Corp’s stock first resistance to watch stands at $10.65. Second resistance stands at $10.82. The third major resistance level sits at $11.00. If the price goes on to break the first support level at $10.31, it is likely to go to the next support level at $10.13. Assuming the price breaks the second support level, the third support level stands at $9.96.

AES Corp (NYSE: AES) Key Stats

There are currently 711,901K shares outstanding in the company with a market cap of 7.46 billion. Presently, the company’s annual sales total 12,278 M according to its annual income of 1,679 M. Last quarter, the company’s sales amounted to 2,962 M and its income totaled 560,000 K.