American Electric Power Company Inc (NASDAQ: AEP) kicked off on Thursday, up 1.69% from the previous trading day, before settling in for the closing price of $105.92. Over the past 52 weeks, AEP has traded in a range of $79.85-$110.48.
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During the last 5-year period, the sales growth of Utilities Sector giant was 5.35%. While this was happening, its average annual earnings per share was recorded 4.65%. With a float of $554.70 million, this company’s outstanding shares have now reached $556.54 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
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of American Electric Power Company Inc is 0.33%, while institutional ownership is 74.37%. 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 1.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.26% 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
Take a look at American Electric Power Company Inc’s (AEP) current performance indicators. Last quarter, stock had a quick ratio of 0.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.59, a number that is poised to hit 1.41 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 3.07 million, which is a drop from its year-to-date volume of 4.13 million. As of the previous 9 days, the stock’s Stochastic %D was 72.91%. Additionally, its Average True Range was 2.70.
During the past 100 days, American Electric Power Company Inc’s (AEP) raw stochastic average was set at 86.53%, which indicates a significant increase from 77.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.27% in the past 14 days, which was higher than the 21.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $104.68, while its 200-day Moving Average is $99.00. However, in the short run, American Electric Power Company Inc’s stock first resistance to watch stands at $108.94. Second resistance stands at $110.16. The third major resistance level sits at $111.30. If the price goes on to break the first support level at $106.58, it is likely to go to the next support level at $105.44. Should the price break the second support level, the third support level stands at $104.22.
American Electric Power Company Inc (NASDAQ: AEP) Key Stats
The company with the Market Capitalisation of 59.94 billion has total of 533,692K Shares Outstanding. Its annual sales at the moment are 19,721 M in contrast with the sum of 2,967 M annual income. Company’s last quarter sales were recorded 4,696 M and last quarter income was 664,100 K.
