American Electric Power Company Inc. [NASDAQ: AEP] traded at a low on Thursday, posting a -0.43 loss after which it closed the day’ session at $101.37.
The results of the trading session contributed to over 3053847 shares changing hands. Over the past one week, the price volatility of American Electric Power Company Inc. stands at 1.19% while the volatility over the past one month is 1.35%.
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The market cap for AEP stock reached $53.94 billion, with 532.12 million shares outstanding and 531.70 million shares in the current float. Compared to the average trading volume of 2.79M shares, AEP reached a trading volume of 3053847 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about American Electric Power Company Inc. [AEP]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AEP shares is $101.41 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AEP stock is a recommendation set at 2.61. 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.
Jefferies have made an estimate for American Electric Power Company Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on September 20, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $96 to $97. The new note on the price target was released on August 06, 2024, representing the official price target for American Electric Power Company Inc. stock. Previously, the target price had yet another raise from $73 to $86, while Ladenburg Thalmann kept a Neutral rating on AEP stock. On March 11, 2024, analysts decreased their price target for AEP shares from 86 to 83.
The Average True Range (ATR) for American Electric Power Company Inc. is set at 1.38, with the Price to Sales ratio for AEP stock in the period of the last 12 months amounting to 2.73. The Price to Book ratio for the last quarter was 2.06, with the Price to Cash per share for the same quarter was set at 0.89.
How has AEP stock performed recently?
American Electric Power Company Inc. [AEP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.63. With this latest performance, AEP shares dropped by -1.03% in over the last four-week period, additionally plugging by 20.74% over the last 6 months – not to mention a rise of 39.23% 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 AEP stock in for the last two-week period is set at 49.88, with the RSI for the last a single of trading hit 44.94, and the three-weeks RSI is set at 53.34 for American Electric Power Company Inc. [AEP]. The present Moving Average for the last 50 days of trading for this stock 100.20, while it was recorded at 101.97 for the last single week of trading, and 88.75 for the last 200 days.
American Electric Power Company Inc. [AEP]: Deeper insight into the fundamentals
American Electric Power Company Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.48 and a Current Ratio set at 0.65.
Earnings analysis for American Electric Power Company Inc. [AEP]
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 AEP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American Electric Power Company Inc. go to 6.62%.
Insider trade positions for American Electric Power Company Inc. [AEP]
There are presently around $79.25%, or 79.28%% of AEP stock, in the hands of institutional investors. The top three institutional holders of AEP stocks are: VANGUARD GROUP INC with ownership of 50.09 million shares, which is approximately 9.5123%. BLACKROCK INC., holding 45.45 million shares of the stock with an approximate value of $$3.99 billion in AEP stocks shares; and BLACKROCK INC., currently with $$2.26 billion in AEP stock with ownership which is approximately 4.8975%.
