The stock of American Electric Power Company Inc. (AEP) has seen a 1.94% increase in the past week, with a -0.74% drop in the past month, and a 3.97% flourish in the past quarter. The volatility ratio for the week is 1.73%, and the volatility levels for the past 30 days are at 1.69% for AEP. The simple moving average for the past 20 days is 1.23% for AEP’s stock, with a 5.26% simple moving average for the past 200 days.
Is It Worth Investing in American Electric Power Company Inc. (NASDAQ: AEP) Right Now?
American Electric Power Company Inc. (NASDAQ: AEP) has a higher price-to-earnings ratio of 19.91x compared to its average ratio. AEP has 36-month beta value of 0.51. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 4 as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for AEP is 525.71M, and currently, short sellers hold a 2.22% ratio of that float. The average trading volume of AEP on April 02, 2024 was 4.04M shares.
AEP) stock’s latest price update
American Electric Power Company Inc. (NASDAQ: AEP) has seen a decline in its stock price by -1.79 in relation to its previous close of 86.10. However, the company has experienced a 1.94% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-28 that Investors looking for stocks in the Utility – Electric Power sector might want to consider either Portland General Electric (POR) or American Electric Power (AEP). But which of these two companies is the best option for those looking for undervalued stocks?
Analysts’ Opinion of AEP
Many brokerage firms have already submitted their reports for AEP stocks, with UBS repeating the rating for AEP by listing it as a “Sell.” The predicted price for AEP in the upcoming period, according to UBS is $83 based on the research report published on March 11, 2024 of the current year 2024.
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see AEP reach a price target of $73, previously predicting the price at $75.50. The rating they have provided for AEP stocks is “Sell” according to the report published on March 08th, 2024.
Barclays gave a rating of “Equal Weight” to AEP, setting the target price at $83 in the report published on February 28th of the current year.
AEP Trading at 4.37% from the 50-Day Moving Average
After a stumble in the market that brought AEP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.96% of loss for the given period.
Volatility was left at 1.69%, however, over the last 30 days, the volatility rate increased by 1.73%, as shares sank -0.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.13% upper at present.
During the last 5 trading sessions, AEP rose by +1.94%, which changed the moving average for the period of 200-days by +1.72% in comparison to the 20-day moving average, which settled at $83.51. In addition, American Electric Power Company Inc. saw 4.11% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AEP starting from Akins Nicholas K, who sale 10,491 shares at the price of $92.75 back on May 02 ’23. After this action, Akins Nicholas K now owns 125,520 shares of American Electric Power Company Inc., valued at $973,040 using the latest closing price.
Feinberg David Matthew, the Executive Vice President of American Electric Power Company Inc., sale 1,616 shares at $92.75 during a trade that took place back on May 02 ’23, which means that Feinberg David Matthew is holding 8,925 shares at $149,884 based on the most recent closing price.
Stock Fundamentals for AEP
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.59 for the gross margin
The net margin for American Electric Power Company Inc. stands at 0.12. The total capital return value is set at 0.04. Equity return is now at value 8.99, with 2.24 for asset returns.
Based on American Electric Power Company Inc. (AEP), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 1.73. The interest coverage ratio of the stock is 1.97.
Currently, EBITDA for the company is 3.49 billion with net debt to EBITDA at 5.99. When we switch over and look at the enterprise to sales, we see a ratio of 4.62. The receivables turnover for the company is 7.29for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.53.
Conclusion
To put it simply, American Electric Power Company Inc. (AEP) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
