On Monday, AES Corp (NYSE: AES) was -3.73% drop from the session before settling in for the closing price of $10.18. A 52-week range for AES has been $9.86 – $22.21.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Utilities sector company grew by 4.14% over the past five years. When this article was written, the company’s average yearly earnings per share was at 0.95%. With a float of $708.31 million, this company’s outstanding shares have now reached $711.07 million.
Let’s look at the performance matrix of the company that is accounted for 9100 employees. 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 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 93.73%. 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 0.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.98% 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 0.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.37, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 2.25 in one year’s time.
Technical Analysis of AES Corp (AES)
AES Corp (NYSE: AES) saw its 5-day average volume 13.13 million, a negative change from its year-to-date volume of 15.27 million. As of the previous 9 days, the stock’s Stochastic %D was 20.19%. Additionally, its Average True Range was 0.57.
During the past 100 days, AES Corp’s (AES) raw stochastic average was set at 5.25%, which indicates a significant decrease from 7.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.02% in the past 14 days, which was higher than the 47.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.29, while its 200-day Moving Average is $14.49. Nevertheless, the first resistance level for the watch stands at $10.14 in the near term. At $10.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.77. If the price goes on to break the first support level at $9.51, it is likely to go to the next support level at $9.23. The third support level lies at $8.88 if the price breaches the second support level.
AES Corp (NYSE: AES) Key Stats
There are 711,908K outstanding shares of the company, which has a market capitalization of 6.98 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.
