American Electric Power Company Inc. (NASDAQ: AEP) has a price-to-earnings ratio of 19.05x that is above its average ratio. Additionally, the 36-month beta value for AEP is 0.51. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
The public float for AEP is 525.71M and currently, short sellers hold a 1.78% ratio of that float. The average trading volume of AEP on April 16, 2024 was 3.90M shares.
AEP) stock’s latest price update
American Electric Power Company Inc. (NASDAQ: AEP)’s stock price has dropped by -1.45 in relation to previous closing price of 82.10. Nevertheless, the company has seen a loss of -3.99% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-13 that Job gains in March mainly came from immigrants and part-time employment. Real-time inflation is far lower than the CPI would lead you to believe and has been below the Fed’s 2% target for the better part of a year. I give my admittedly unpopular view on the green tech trade with China and the benefits of international trade.
AEP’s Market Performance
AEP’s stock has fallen by -3.99% in the past week, with a monthly drop of -1.16% and a quarterly drop of -0.71%. The volatility ratio for the week is 1.77% while the volatility levels for the last 30 days are 1.67% for American Electric Power Company Inc. The simple moving average for the last 20 days is -3.24% for AEP’s stock, with a simple moving average of 0.73% for the last 200 days.
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 -1.61% 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 -14.58% of loss for the given period.
Volatility was left at 1.67%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares sank -1.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.53% upper at present.
During the last 5 trading sessions, AEP fell by -3.99%, which changed the moving average for the period of 200-days by -0.87% in comparison to the 20-day moving average, which settled at $83.56. In addition, American Electric Power Company Inc. saw -0.38% 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 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 4.52. 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
In conclusion, American Electric Power Company Inc. (AEP) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as 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.
