The price-to-earnings ratio for AES Corp. (NYSE: AES) is above average at 51.45x, Company’s 36-month beta value is 1.09.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for AES is 707.20M, and currently, short sellers hold a 1.95% ratio of that floaft. The average trading volume of AES on April 15, 2024 was 8.79M shares.
AES) stock’s latest price update
AES Corp. (NYSE: AES)’s stock price has dropped by -5.44 in relation to previous closing price of 17.82. Nevertheless, the company has seen a loss of -6.80% in its stock price over the last five trading days. InvestorPlace reported 2024-04-14 that The world economy is transitioning to a renewable energy narrative. This makes the demand for sustainable solutions and further emphasizes the potential of hydrogen as an alternative fuel source.
AES’s Market Performance
AES’s stock has fallen by -6.80% in the past week, with a monthly rise of 6.98% and a quarterly drop of -6.54%. The volatility ratio for the week is 3.26% while the volatility levels for the last 30 days are 3.18% for AES Corp.. The simple moving average for the past 20 days is -0.40% for AES’s stock, with a -3.39% simple moving average for the past 200 days.
Analysts’ Opinion of AES
Many brokerage firms have already submitted their reports for AES stocks, with UBS repeating the rating for AES by listing it as a “Neutral.” The predicted price for AES in the upcoming period, according to UBS is $13 based on the research report published on October 06, 2023 of the previous year 2023.
Barclays, on the other hand, stated in their research note that they expect to see AES reach a price target of $25. The rating they have provided for AES stocks is “Overweight” according to the report published on August 23rd, 2023.
BofA Securities gave a rating of “Neutral” to AES, setting the target price at $23 in the report published on June 22nd of the previous year.
AES Trading at 2.24% from the 50-Day Moving Average
After a stumble in the market that brought AES to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.52% of loss for the given period.
Volatility was left at 3.18%, however, over the last 30 days, the volatility rate increased by 3.26%, as shares surge +12.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.02% upper at present.
During the last 5 trading sessions, AES fell by -6.80%, which changed the moving average for the period of 200-days by -19.42% in comparison to the 20-day moving average, which settled at $17.01. In addition, AES Corp. saw -12.47% 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 AES starting from Mendoza Tish, who sale 21,594 shares at the price of $18.95 back on Dec 13 ’23. After this action, Mendoza Tish now owns 167,261 shares of AES Corp., valued at $409,206 using the latest closing price.
AES CORP, the 10% Owner of AES Corp., sale 7,087,500 shares at $22.05 during a trade that took place back on Dec 08 ’23, which means that AES CORP is holding 0 shares at $156,279,375 based on the most recent closing price.
Stock Fundamentals for AES
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.24 for the gross margin
The net margin for AES Corp. stands at 0.02. The total capital return value is set at 0.07. Equity return is now at value 6.28, with 0.58 for asset returns.
Based on AES Corp. (AES), the company’s capital structure generated 0.87 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 6.74. The interest coverage ratio of the stock is 3.82.
Currently, EBITDA for the company is -189.0 million with net debt to EBITDA at 10.51. When we switch over and look at the enterprise to sales, we see a ratio of 2.94. The receivables turnover for the company is 8.92for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.68.
Conclusion
In a nutshell, AES Corp. (AES) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
