The stock price of Ameren Corp. (NYSE: AEE) has plunged by -2.31 when compared to previous closing price of 73.99, but the company has seen a -1.19% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-29 that Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Ameren (AEE) have what it takes?
Is It Worth Investing in Ameren Corp. (NYSE: AEE) Right Now?
Ameren Corp. (NYSE: AEE) has a higher price-to-earnings ratio of 16.52x compared to its average ratio, The 36-month beta value for AEE is at 0.45. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 2 rating it as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for AEE is 265.26M, and currently, shorts hold a 1.63% of that float. The average trading volume for AEE on April 11, 2024 was 1.85M shares.
AEE’s Market Performance
AEE stock saw a decrease of -1.19% in the past week, with a monthly decline of -1.86% and a quarterly a decrease of -2.35%. The volatility ratio for the week is 1.63%, and the volatility levels for the last 30 days are 1.63% for Ameren Corp. (AEE). The simple moving average for the past 20 days is -0.30% for AEE’s stock, with a -5.32% simple moving average for the past 200 days.
Analysts’ Opinion of AEE
BofA Securities, on the other hand, stated in their research note that they expect to see AEE reach a price target of $77, previously predicting the price at $82. The rating they have provided for AEE stocks is “Neutral” according to the report published on January 04th, 2024.
AEE Trading at 1.41% from the 50-Day Moving Average
After a stumble in the market that brought AEE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.73% of loss for the given period.
Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 1.63%, as shares sank -0.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.57% upper at present.
During the last 5 trading sessions, AEE fell by -1.19%, which changed the moving average for the period of 200-days by -10.58% in comparison to the 20-day moving average, which settled at $72.49. In addition, Ameren Corp. saw -0.08% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AEE starting from Schukar Shawn E, who sale 2,330 shares at the price of $71.26 back on Mar 14 ’24. After this action, Schukar Shawn E now owns 56,499 shares of Ameren Corp., valued at $166,036 using the latest closing price.
LYONS MARTIN J, the Chairman, President & CEO of Ameren Corp., sale 7,270 shares at $70.70 during a trade that took place back on Mar 04 ’24, which means that LYONS MARTIN J is holding 246,434 shares at $513,989 based on the most recent closing price.
Stock Fundamentals for AEE
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.41 for the gross margin
The net margin for Ameren Corp. stands at 0.15. The total capital return value is set at 0.04. Equity return is now at value 10.54, with 2.93 for asset returns.
Based on Ameren Corp. (AEE), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.45. The interest coverage ratio of the stock is 2.75.
Currently, EBITDA for the company is 3.06 billion with net debt to EBITDA at 4.99. When we switch over and look at the enterprise to sales, we see a ratio of 4.76. The receivables turnover for the company is 8.16for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.65.
Conclusion
In conclusion, Ameren Corp. (AEE) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
