Gaining Ground: AES Corp. (AES) Closes Lower at 17.13, Down -1.38

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

The price of AES Corp. (NYSE: AES) closed at $17.13 in the last session, down -1.38% from day before closing price of $17.37. In other words, the price has decreased by -$1.38 from its previous closing price. On the day, 4.47 million shares were traded. AES stock price reached its highest trading level at $17.36 during the session, while it also had its lowest trading level at $17.05.

Ratios:

We take a closer look at AES’s different ratios to gain a better understanding of the stock. 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 this company, Mizuho on April 18, 2024, initiated with a Buy rating and assigned the stock a target price of $21.

On October 06, 2023, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $22 to $13.

On August 23, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $25.Barclays initiated its Overweight rating on August 23, 2023, with a $25 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:

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 12176140288 and an Enterprise Value of 44421218304. As of this moment, AES’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.31, and their Forward P/E ratio for the next fiscal year is 8.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 6.95. Its current Enterprise Value per Revenue stands at 3.507 whereas that against EBITDA is 13.201.

Stock Price History:

Over the past 52 weeks, AES has reached a high of $24.08, while it has fallen to a 52-week low of $11.43. The 50-Day Moving Average of the stock is 4.04%, while the 200-Day Moving Average is calculated to be -0.68%.

Shares Statistics:

According to the various share statistics, AES traded on average about 9.01M shares per day over the past 3-months and 7291770 shares per day over the past 10 days. A total of 710.81M shares are outstanding, with a floating share count of 707.72M. Insiders hold about 0.44% of the company’s shares, while institutions hold 86.67% stake in the company. Shares short for AES as of 1713139200 were 12288033 with a Short Ratio of 1.36, compared to 1710460800 on 11222389. Therefore, it implies a Short% of Shares Outstanding of 12288033 and a Short% of Float of 2.6300002.

Dividends & Splits

The forward annual dividend rate for AES is 0.67, which was 0.67 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03857225The stock’s 5-year Average Dividend Yield is 3.02.

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