A correction may be in store for Ameren Corporation (NYSE:AEE) shares?

As of close of business last night, Ameren Corporation’s stock clocked out at $83.71, up 0.48% from its previous closing price of $83.31. In other words, the price has increased by $+1.03 from its previous closing price. On the day, 1196675 shares were traded. AEE stock price reached its highest trading level at $84.53 during the session, while it also had its lowest trading level at $82.93.

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Ratios:

To gain a deeper understanding of AEE’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 89.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.77. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 1.30.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Guggenheim on January 23, 2023, Downgraded its rating to Neutral and sets its target price to $89 from $84 previously.

On June 30, 2022, UBS Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $94 to $96.

On April 26, 2022, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $104.Credit Suisse initiated its Outperform rating on April 26, 2022, with a $104 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 13 when Diya Fadi M sold 5,000 shares for $84.41 per share. The transaction valued at 422,050 led to the insider holds 94,533 shares of the business.

Nwamu Chonda J sold 3,660 shares of AEE for $305,244 on Mar 09. The EVP, GC & Secretary now owns 36,692 shares after completing the transaction at $83.40 per share. On Mar 02, another insider, BAXTER WARNER L, who serves as the Executive Chairman of the company, sold 49,819 shares for $81.83 each. As a result, the insider received 4,076,834 and left with 207,272 shares of the company.

Valuation Measures:

As of this moment, Ameren’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.22, and their Forward P/E ratio for the next fiscal year is 17.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.81 while its Price-to-Book (P/B) ratio in mrq is 2.06.

Stock Price History:

Over the past 52 weeks, AEE has reached a high of $99.20, while it has fallen to a 52-week low of $73.28. The 50-Day Moving Average of the stock is 85.92, while the 200-Day Moving Average is calculated to be 87.43.

Shares Statistics:

It appears that AEE traded 1.40M shares on average per day over the past three months and 1.22M shares per day over the past ten days. A total of 259.00M shares are outstanding, with a floating share count of 257.49M. Insiders hold about 0.20% of the company’s shares, while institutions hold 80.00% stake in the company. Shares short for AEE as of Jan 30, 2023 were 4.35M with a Short Ratio of 3.92M, compared to 4.64M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.68% and a Short% of Float of 2.16%.

Dividends & Splits

With its trailing 12-month dividend rate of 2.00, AEE has a forward annual dividend rate of 2.52. Against a Trailing Annual Dividend Yield of 2.42%, it implies a Forward Annual Dividend Yield of 2.82%. The stock’s 5-year Average Dividend Yield is 2.62.

Earnings Estimates

As of right now, 10 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.56 for the current quarter, with a high estimate of $0.59 and a low estimate of $0.51, while EPS last year was $0.48. The consensus estimate for the next quarter is $1.01, with high estimates of $1.13 and low estimates of $0.87.

Analysts are recommending an EPS of between $4.11 and $3.84 for the fiscal current year, implying an average EPS of $4.06. EPS for the following year is $4.34, with 14 analysts recommending between $4.41 and $4.07.

Revenue Estimates

In the current quarter, 4 analysts expect revenue to total $1.15B. It ranges from a high estimate of $1.68B to a low estimate of $686.96M. As of the current estimate, Ameren Corporation’s year-ago sales were $1.54B, an estimated decrease of -25.30% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $1.94B, an increase of 3.50% over than the figure of -$25.30% in the same quarter last year. There is a high estimate of $1.95B for the next quarter, whereas the lowest estimate is $1.94B.

A total of 9 analysts have provided revenue estimates for AEE’s current fiscal year. The highest revenue estimate was $7.59B, while the lowest revenue estimate was $6.53B, resulting in an average revenue estimate of $6.97B. In the same quarter a year ago, actual revenue was $6.39B, up 9.00% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $7.2B in the next fiscal year. The high estimate is $8.1B and the low estimate is $6.71B. The average revenue growth estimate for next year is up 3.40% from the average revenue estimate for this year.