Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
American Electric Power Company Inc (NASDAQ: AEP) closed the day trading at $105.19 down -2.13% from the previous closing price of $107.48. In other words, the price has decreased by -$2.13 from its previous closing price. On the day, 3.6 million shares were traded.
Ratios:
For a better understanding of AEP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 0.42. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.44.
On January 13, 2025, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $98 to $104.
Scotiabank Downgraded its Sector Outperform to Sector Perform on December 12, 2024, whereas the target price for the stock was revised from $105 to $102.
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 Aug 01 ’24 when Beasley J Barnie bought 3,218 shares for $98.95 per share.
Risch Therace bought 5,274 shares of AEP for $516,747 on Jul 30 ’24. On Jun 05 ’24, another insider, Smyth Antonio P, who serves as the Executive Vice President of the company, sold 4,898 shares for $90.00 each. As a result, the insider received 440,820 and left with 6,446 shares of the company.
Valuation Measures:
As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.29, and their Forward P/E ratio for the next fiscal year is 16.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.75 while its Price-to-Book (P/B) ratio in mrq is 2.06.
Stock Price History:
Over the past 52 weeks, AEP has reached a high of $110.48, while it has fallen to a 52-week low of $85.93. The 50-Day Moving Average of the stock is -0.59%, while the 200-Day Moving Average is calculated to be 5.00%.
Shares Statistics:
A total of 534.00M shares are outstanding, with a floating share count of 532.43M. Insiders hold about 0.33% of the company’s shares, while institutions hold 78.12% stake in the company.
