The AES Corporation [NYSE: AES] plunged by -$0.16 during the normal trading session on Monday and reaching a high of $17.275 during the day while it closed the day at $17.08. The company report on August 3, 2023 at 5:18 PM that AES Reports Strong Execution on Strategic Priorities.
Reaffirms 2023 Guidance and Annualized Growth Rate Targets for All Metrics.
The AES Corporation stock has also loss -0.93% of its value over the past 7 days. However, AES stock has declined by -19.96% in the 3 months of the year. Over the past six months meanwhile, it has lost -23.72% and lost -40.61% year-on date.
The market cap for AES stock reached $11.54 billion, with 669.00 million shares outstanding and 666.69 million shares in the current float. Compared to the average trading volume of 5.68M shares, AES reached a trading volume of 5176468 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about The AES Corporation [AES]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AES shares is $27.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AES stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for The AES Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on August 23, 2023.
The Average True Range (ATR) for The AES Corporation is set at 0.44, with the Price to Sales ratio for AES stock in the period of the last 12 months amounting to 0.89. The Price to Book ratio for the last quarter was 6.91, with the Price to Cash per share for the same quarter was set at 3.01.
AES stock trade performance evaluation
The AES Corporation [AES] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.93. With this latest performance, AES shares dropped by -5.37% in over the last four-week period, additionally sinking by -23.72% over the last 6 months – not to mention a drop of -36.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AES stock in for the last two-week period is set at 34.50, with the RSI for the last a single of trading hit 35.45, and the three-weeks RSI is set at 35.00 for The AES Corporation [AES]. The present Moving Average for the last 50 days of trading for this stock 19.42, while it was recorded at 17.15 for the last single week of trading, and 23.13 for the last 200 days.
The AES Corporation [AES]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and The AES Corporation [AES] shares currently have an operating margin of +18.55 and a Gross Margin at +20.19. The AES Corporation’s Net Margin is presently recorded at -4.33.
Return on Total Capital for AES is now 8.58, given the latest momentum, and Return on Invested Capital for the company is -2.30. Return on Equity for this stock declined to -13.98, with Return on Assets sitting at -1.53. When it comes to the capital structure of this company, The AES Corporation [AES] has a Total Debt to Total Equity ratio set at 635.92. Additionally, AES Total Debt to Total Capital is recorded at 86.41, with Total Debt to Total Assets ending up at 62.29. Long-Term Debt to Equity for the company is recorded at 1,382.99, with the Long-Term Debt to Total Capital now at 79.96.
Reflecting on the efficiency of the workforce at the company, The AES Corporation [AES] managed to generate an average of -$60,000 per employee. Receivables Turnover for the company is 6.75 with a Total Asset Turnover recorded at a value of 0.35.The AES Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.90.
Earnings per share (EPS) analysis for The AES Corporation [AES] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AES. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The AES Corporation go to 7.10%.
The AES Corporation [AES]: Institutional Ownership
The top three institutional holders of AES stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in AES stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in AES stock with ownership which is approximately 5.7381%.