AES Corp. (AES)’s Market Momentum: Closing Strong at 17.23, Down -0.46

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As of close of business last night, AES Corp.’s stock clocked out at $17.23, down -0.46% from its previous closing price of $17.31. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 11.07 million shares were traded. AES stock price reached its highest trading level at $17.5078 during the session, while it also had its lowest trading level at $17.14.

Ratios:

To gain a deeper understanding of AES’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 6.72 whereas as Long-Term Debt/Eq ratio is at 5.76.

On April 18, 2024, Mizuho started tracking the stock assigning a Buy rating and target price of $21.

UBS Downgraded its Buy to Neutral on October 06, 2023, whereas the target price for the stock was revised from $22 to $13.

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 Jun 06 ’24 when Kohan Sherry sold 15,000 shares for $20.35 per share. The transaction valued at 305,250 led to the insider holds 43,334 shares of the business.

Mendoza Tish sold 66,250 shares of AES for $1,405,162 on May 20 ’24. The EVP & Chief HR Officer now owns 199,481 shares after completing the transaction at $21.21 per share. On May 20 ’24, another insider, Da Santos Bernerd, who serves as the EVP and President, Renewables of the company, sold 66,250 shares for $21.15 each. As a result, the insider received 1,401,188 and left with 300,672 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AES now has a Market Capitalization of 12244792320 and an Enterprise Value of 45216784384. As of this moment, AES’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.86, and their Forward P/E ratio for the next fiscal year is 8.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 4.22. Its current Enterprise Value per Revenue stands at 3.613 whereas that against EBITDA is 13.264.

Stock Price History:

Over the past 52 weeks, AES has reached a high of $22.21, while it has fallen to a 52-week low of $11.43. The 50-Day Moving Average of the stock is -10.59%, while the 200-Day Moving Average is calculated to be -1.21%.

Shares Statistics:

It appears that AES traded 7.84M shares on average per day over the past three months and 8571260 shares per day over the past ten days. A total of 710.67M shares are outstanding, with a floating share count of 709.44M. Insiders hold about 0.17% of the company’s shares, while institutions hold 103.18% stake in the company. Shares short for AES as of 1721001600 were 18365806 with a Short Ratio of 2.34, compared to 1718323200 on 20068268. Therefore, it implies a Short% of Shares Outstanding of 18365806 and a Short% of Float of 3.94.

Dividends & Splits

With its trailing 12-month dividend rate of 0.677, AES has a forward annual dividend rate of 0.68. Against a Trailing Annual Dividend Yield of 0.03911034The stock’s 5-year Average Dividend Yield is 3.04.

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