In the past week, AEP stock has gone up by 0.74%, with a monthly decline of -5.16% and a quarterly surge of 7.56%. The volatility ratio for the week is 1.04%, and the volatility levels for the last 30 days are 1.23% for American Electric Power Company Inc. The simple moving average for the past 20 days is -1.97% for AEP’s stock, with a 10.55% 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 19.71x compared to its average ratio, The 36-month beta value for AEP is at 0.54. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 11 as “hold,” and 0 as “sell.”
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The public float for AEP is 531.69M, and currently, shorts hold a 1.48% of that float. The average trading volume for AEP on October 15, 2024 was 2.82M shares.
AEP) stock’s latest price update
American Electric Power Company Inc. (NASDAQ: AEP)’s stock price has soared by 0.55 in relation to previous closing price of 98.25. Nevertheless, the company has seen a gain of 0.74% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-14 that American Electric Power (AEP) is poised to grow earnings and dividends by 50% over the next five years, driven by surging data centre demand and efficiency gains. AEP is currently under-earning on regulated assets but is expected to regain efficiency as power sales volumes surge. The company’s regulated nature ensures stable, predictable profits, while efficiency improvements and asset value gains could lead to significant share price appreciation.
Analysts’ Opinion of AEP
Many brokerage firms have already submitted their reports for AEP stocks, with Jefferies repeating the rating for AEP by listing it as a “Hold.” The predicted price for AEP in the upcoming period, according to Jefferies is $107 based on the research report published on September 20, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see AEP reach a price target of $97, previously predicting the price at $96. The rating they have provided for AEP stocks is “Underperform” according to the report published on August 06th, 2024.
Ladenburg Thalmann gave a rating of “Neutral” to AEP, setting the target price at $86 in the report published on June 06th of the current year.
AEP Trading at -1.41% 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 -6.08% of loss for the given period.
Volatility was left at 1.23%, however, over the last 30 days, the volatility rate increased by 1.04%, as shares sank -5.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.95% lower at present.
During the last 5 trading sessions, AEP rose by +0.74%, which changed the moving average for the period of 200-days by +22.25% in comparison to the 20-day moving average, which settled at $100.78. In addition, American Electric Power Company Inc. saw 21.63% 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 Beasley J Barnie, who proposed sale 3,218 shares at the price of $98.95 back on Aug 01 ’24. After this action, Beasley J Barnie now owns shares of American Electric Power Company Inc., valued at $318,435 using the latest closing price.
Risch Therace, the Officer of American Electric Power Company Inc., proposed sale 5,274 shares at $97.98 during a trade that took place back on Jul 30 ’24, which means that Risch Therace is holding shares at $516,747 based on the most recent closing price.
Stock Fundamentals for AEP
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.54 for the gross margin
The net margin for American Electric Power Company Inc. stands at 0.13. The total capital return value is set at 0.04. Equity return is now at value 10.53, with 2.69 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 0.14. The debt to equity ratio resting at 1.68. The interest coverage ratio of the stock is 4.19.
Currently, EBITDA for the company is 3.49 billion with net debt to EBITDA at 6.52. When we switch over and look at the enterprise to sales, we see a ratio of 4.94. The receivables turnover for the company is 7.38for 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 0.65.
Conclusion
In conclusion, American Electric Power Company Inc. (AEP) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
