With 13.4 million shares changed hands, the volume of the stock remained lighter than its average volume of 14.93 million shares. The 52-week range on AES shows that it touched its highest point at $22.21 and its lowest point at $9.88 during that stretch. It currently has a 1-year price target of $14.60. With its current market cap of 7.79 billion, AES has annualized dividend of $0.69 while the current yield stands at 6.33%. Beta for the stock currently stands at 0.88.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AES was up-trending over the past week, with a rise of 0.37%, but this was up by 2.33% over a month. Three-month performance dropped to -15.95% while six-month performance fell -36.02%. The stock lost -29.15% in the past year, while it has lost -14.84% so far this year. A look at the trailing 12-month EPS for AES yields 2.37 with Next year EPS estimates of 2.21. For the next quarter, that number is 0.49. This implies an EPS growth rate of -1.66% for this year and 4.91% for next year. EPS is expected to grow by 2.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 39.12%.
Float and Shares Shorts:
At present, 711.03 million AES shares are outstanding with a float of 707.43 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AES since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.9416 being high and $1.88216 being low. For AES, this leads to a yearly average estimate of $1.91188. Based on analyst estimates, the high estimate for the next quarter is $0.5 and the low estimate is $0.42. The average estimate for the next quarter is thus $0.46.
Summary of Insider Activity:
Insiders traded AES stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.