AES Corp (NYSE:AES) at last check was buoying at $10.76 on current market day with a rise of 0.84% from its closing price on previous day.
Company’s P/E ratio for the trailing 12 months is 7.48. Considering stock’s 52-week price range provides that AES hit a high price of $22.21 and saw its price falling to a low level of $9.88 during that period. Over a period of past 1-month, stock came subtracting -3.33% in its value.
With its current market valuation of $7.65 billion, AES Corp is set to declare its quarterly results in March. AES Stock’s Forward Dividend of 0.69 and its yield of 6.44% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter.
In contrast, when we review AES stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 100% Sell for it.
According to ratings assigned by 8 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 1 of them are recommending AES Corp (AES) as a Hold, while 7 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the AES stock which is currently positioned at 1.14. It further provides that stock’s current price level is 0.60% away from its 20-day simple moving average and is -9.27% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 45.76 while volatility remained at 3.35% over the past week which changes to 3.60% when measuring it over the past month. Beta is valued at 0.94, while measure of average true range or ATR is currently at 0.39. In predicting price targets of as low as $20 and as high as $23, analysts are in agreement on assigning the stock over the next 12 months average price target of $21.5. Stock’s current price level is -85.87% above from estimated low price target while it is -113.75% below the estimated high; and even if the AES’s share succeeded to reach the median price of $21.5, then the outlook of -99.81% could come to the excitement of the investors.
The percentage of outstanding shares held by the insiders is 0.21% while it is 93.20% for the institutional holders. Subtraction of -16.40% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.