AES Corp. (NYSE: AES) has seen a decline in its stock price by -1.15 in relation to its previous close of 19.13. However, the company has experienced a -5.78% decline in its stock price over the last five trading sessions. investors.com reported 2024-10-02 that AES stands as a leader in clean energy. It is the world’s top provider of battery-based energy storage.
Is It Worth Investing in AES Corp. (NYSE: AES) Right Now?
AES Corp. (NYSE: AES) has a price-to-earnings ratio that is above its average at 18.04x. The stock has a 36-month beta value of 1.07. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for AES is 709.35M, and at present, short sellers hold a 4.05% of that float. On October 07, 2024, the average trading volume of AES was 7.99M shares.
AES’s Market Performance
The stock of AES Corp. (AES) has seen a -5.78% decrease in the past week, with a 11.63% rise in the past month, and a 5.94% gain in the past quarter. The volatility ratio for the week is 3.03%, and the volatility levels for the past 30 days are at 3.12% for AES. The simple moving average for the last 20 days is 0.68% for AES stock, with a simple moving average of 5.63% for the last 200 days.
Analysts’ Opinion of AES
Many brokerage firms have already submitted their reports for AES stocks, with Jefferies repeating the rating for AES by listing it as a “Buy.” The predicted price for AES in the upcoming period, according to Jefferies is $20 based on the research report published on September 11, 2024 of the current year 2024.
Mizuho gave a rating of “Buy” to AES, setting the target price at $21 in the report published on April 18th of the current year.
AES Trading at 6.03% 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 -14.86% of loss for the given period.
Volatility was left at 3.12%, however, over the last 30 days, the volatility rate increased by 3.03%, as shares surge +16.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.75% upper at present.
During the last 5 trading sessions, AES fell by -5.78%, which changed the moving average for the period of 200-days by -0.58% in comparison to the 20-day moving average, which settled at $18.92. In addition, AES Corp. saw -1.77% 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 Kohan Sherry, who sale 15,000 shares at the price of $20.35 back on Jun 06 ’24. After this action, Kohan Sherry now owns 43,334 shares of AES Corp., valued at $305,250 using the latest closing price.
Da Santos Bernerd, the EVP and President, Renewables of AES Corp., sale 66,250 shares at $21.15 during a trade that took place back on May 20 ’24, which means that Da Santos Bernerd is holding 300,672 shares at $1,401,188 based on the most recent closing price.
Stock Fundamentals for AES
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.25 for the gross margin
The net margin for AES Corp. stands at 0.06. The total capital return value is set at 0.06. Equity return is now at value 19.37, with 1.69 for asset returns.
Based on AES Corp. (AES), the company’s capital structure generated 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 7.15. The interest coverage ratio of the stock is 2.99.
Currently, EBITDA for the company is -189.0 million with net debt to EBITDA at 11.11. When we switch over and look at the enterprise to sales, we see a ratio of 3.21. The receivables turnover for the company is 8.25for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
Conclusion
To sum up, AES Corp. (AES) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
