UBS lifts AES Corp. [AES] price estimate. Who else is bullish?

AES Corp. [NYSE: AES] slipped around -0.07 points on Friday, while shares priced at $18.80 at the close of the session, down -0.37%. The company report on December 21, 2023 at 5:00 PM that AES Announces Closing of Previously Announced and New Minority Sell-Downs of LNG Businesses in the Dominican Republic and Panama.

Raising $338 Million of Asset Sale Proceeds.

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The AES Corporation (NYSE: AES) announced today that it has closed minority sell-downs of its businesses in the Dominican Republic and its AES Colón business in Panama for proceeds of $338 million.  This includes the transactions announced in September for proceeds of $179 million after purchase price adjustments at closing, as well as sell-downs of additional stakes in the businesses through the expansion of existing partnerships with Grupo Estrella and Grupo Popular’s subsidiary, AFI Popular, through one of its closed-end funds, for $159 million.  In total, AES sold 20% of its businesses in the Dominican Republic and 35% of AES Colón in Panama.

AES Corp. stock is now -2.34% down from its year-to-date (YTD) trading value. AES Stock saw the intraday high of $19.35 and lowest of $18.63 per share. The company’s 52-week high price is 28.18, which means current price is +1.24% above from all time high which was touched on 01/02/24.

Compared to the average trading volume of 7.88M shares, AES reached a trading volume of 12165689 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about AES Corp. [AES]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AES shares is $22.07 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 1.73. 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.

UBS have made an estimate for AES Corp. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 06, 2023.

The Average True Range (ATR) for AES Corp. is set at 0.53, with the Price to Sales ratio for AES stock in the period of the last 12 months amounting to 0.99. The Price to Book ratio for the last quarter was 6.49, with the Price to Cash per share for the same quarter was set at 3.98.

How has AES stock performed recently?

AES Corp. [AES] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.84. With this latest performance, AES shares gained by 4.79% in over the last four-week period, additionally sinking by -10.86% over the last 6 months – not to mention a drop of -31.09% 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 54.68, with the RSI for the last a single of trading hit 48.65, and the three-weeks RSI is set at 56.98 for AES Corp. [AES]. The present Moving Average for the last 50 days of trading for this stock 17.44, while it was recorded at 19.04 for the last single week of trading, and 19.24 for the last 200 days.

AES Corp. [AES]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and AES Corp. [AES] shares currently have an operating margin of +18.55 and a Gross Margin at +20.19. AES Corp.’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, AES Corp. [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, AES Corp. [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.AES Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.74 and a Current Ratio set at 0.83.

Earnings analysis for AES Corp. [AES]

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 AES Corp. go to 7.50%.

Insider trade positions for AES Corp. [AES]

The top three institutional holders of AES stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in AES stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in AES stock with ownership which is approximately 5.8325%.