The American Electric Power Company Inc. (NYSE:AEP) is going up by 0.59% in today’s trading session, a rise equivalent to 0.53% of the stock’s price from yesterday’s market close. A news came out 22 hours ago stating that AEP Energy Partners Seeks Wind and Solar Energy in PJM by WSJ. The lowest point that the shares touched during the trading session was $89.6501, while the peak of the day was recorded at a share price of $90.99. AEP finished the previous session at $90.15 according to the data provided by Barchart, while the trading volume was observed to be $884539.
In the 100 days of trading, AEP managed to top a 91.35% Moving average. Additionally, American Electric Power Company Inc. shares have achieved a 52-week range between 72.25 and 96.22 alongside 100 days raw stochastic set at 44.88%.
The number of shares outstanding, according to the fundamentals of the company, is set at 494.17M, equal to the value of $44.55B in market capitalization. In the last 30 days, American Electric Power Company Inc. shares went down by -5.26%, adding 96.22 to growth in value, on top of a +3.39% boost since 10/18/19.
American Electric Power Company Inc. (NYSE:AEP) Analyst’s Estimates
American Electric Power Company Inc. (AEP) could record at least $0.60 per share in quarterly earnings in the upcoming report on 01/23/2020, a number that would actually represent an increase of 4.39 YOY.
According to the average analyst rating, American Electric Power Company Inc. would be rated as Overweight. Out of 17 different analysts monitoring AEP stock, 7 analysts rate the stock as a BUY, 9 suggest to give the rating of HOLD, 0 indicate that AEP is an OVERWEIGHT, 0 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERWEIGHT.
On July 09, 2019, the stock earned a Reiterated rating due to a new analyst call from BofA/Merrill, while analysts from KeyBanc Capital Markets believe that the stock is set at Sector Weight, as concluded on June 05, 2019. Morgan Stanley, is still rather wary about the stock, deciding to keep the rating at Equal-Weight as confirmed through a call on April 18, 2019.
Regardless of the rating, Goldman did increase their price to $78 as they are considering target share price analysis. JP Morgan, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on March 12, 2019, giving the stock a Overweight from the Neutral rating.
AEP Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +23.85% has been attained, while the operating margin has been recorded at +16.78%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 2.75%. Beta value of the stock is recorded at 0.07. Additionally, American Electric Power Company Inc. is recording price volatility of 1.29% for the period of the last seven days and 1.30% in the last 30 days.
American Electric Power Company Inc. (NYSE:AEP) Technical Outlook
For the period of the last 50 days, American Electric Power Company Inc. had its Raw Stochastic average set at 37.14% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 37.14%. Stochastic %K for American Electric Power Company Inc., with the last 20 days included, was set at 26.34%, having Stochastic %D topping 21.63%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for American Electric Power Company Inc. stocks with recording 20.62% in metrics.
American Electric Power Company Inc. Insider Watch:
Similarly, 75.78% of the company’s float is held by institutions – and there are 1,358 institutions in total holding shares of this company. The top three institutional holders of AEP stocks are: Vanguard Group, Inc. (The) with ownership of $3.81 billion, which is approximately 40634567 of the company’s shares; Blackrock Inc., holding 37300577 shares of the stock with an approximate value of $3.49 billion; and State Street Corporation, currently with more than 25432534 shares of the company valued at $2.38 billion. Positions in American Electric Power Company Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 2 insider purchases amounting to 1945 shares. Similarly, there were 4 sale transactions amounting to 8729 shares, with the net shares purchased during the last six months reaching -6,784.