After finishing at $16.85 in the prior trading day, AES Corp. (NYSE: AES) closed at $16.16, down -4.09%. On the day, 10442813 shares were traded.
Ratios:
Our goal is to gain a better understanding of AES by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.68. In the meantime, Its Debt-to-Equity ratio is 6.85 whereas as Long-Term Debt/Eq ratio is at 5.80.
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, UBS on October 06, 2023, Downgraded its rating to Neutral and sets its target price to $13 from $22 previously.
On August 23, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $25.
BofA Securities Downgraded its Buy to Neutral on June 22, 2023, whereas the target price for the stock was revised from $24 to $23.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’24 when Falu Ricardo Manuel bought 6 shares for $16.01 per share. The transaction valued at 96 led to the insider holds 84,785 shares of the business.
Falu Ricardo Manuel bought 73 shares of AES for $1,402 on Dec 28 ’23. The EVP, COO, Pres. New Enrgy Tech now owns 84,779 shares after completing the transaction at $19.21 per share. On Dec 13 ’23, another insider, Mendoza Tish, who serves as the EVP & Chief HR Officer of the company, sold 21,594 shares for $18.95 each. As a result, the insider received 409,206 and left with 167,261 shares of the company.
Valuation Measures:
As of this moment, AES’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.34, and their Forward P/E ratio for the next fiscal year is 7.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 6.56.
Stock Price History:
Over the past 52 weeks, AES has reached a high of $25.61, while it has fallen to a 52-week low of $11.43.
Shares Statistics:
A total of 710.29M shares are outstanding, with a floating share count of 707.20M. Insiders hold about 0.43% of the company’s shares, while institutions hold 86.66% stake in the company.
Earnings Estimates
Its stock is currently analyzed by Agnico Eagle Mines Limited different market analysts. The consensus estimate for the next quarter is $80.91, with high estimates of $16.16 and low estimates of $50.28.
