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The price of American Electric Power Company Inc. (NASDAQ: AEP) closed at $101.74 in the last session, down -1.43% from day before closing price of $103.22. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 4.27 million shares were traded. AEP stock price reached its highest trading level at $102.84 during the session, while it also had its lowest trading level at $101.275.
Ratios:
We take a closer look at AEP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 1.70 whereas as Long-Term Debt/Eq ratio is at 1.55.
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, BofA Securities on August 06, 2024, Downgraded its rating to Underperform and sets its target price to $97 from $96 previously.
On June 06, 2024, Ladenburg Thalmann Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $73 to $86.
UBS Downgraded its Neutral to Sell on March 11, 2024, whereas the target price for the stock was revised from $86 to $83.
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 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AEP now has a Market Capitalization of 54920065024 and an Enterprise Value of 98090188800. As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.30, and their Forward P/E ratio for the next fiscal year is 17.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.74 while its Price-to-Book (P/B) ratio in mrq is 2.07. Its current Enterprise Value per Revenue stands at 5.024 whereas that against EBITDA is 13.344.
Stock Price History:
Over the past 52 weeks, AEP has reached a high of $105.18, while it has fallen to a 52-week low of $69.38. The 50-Day Moving Average of the stock is 3.68%, while the 200-Day Moving Average is calculated to be 16.14%.
Shares Statistics:
According to the various share statistics, AEP traded on average about 2.78M shares per day over the past 3-months and 2516920 shares per day over the past 10 days. A total of 532.12M shares are outstanding, with a floating share count of 531.69M. Insiders hold about 0.08% of the company’s shares, while institutions hold 76.89% stake in the company. Shares short for AEP as of 1724976000 were 7841220 with a Short Ratio of 2.82, compared to 1722384000 on 8669611. Therefore, it implies a Short% of Shares Outstanding of 7841220 and a Short% of Float of 1.47.
Dividends & Splits
The forward annual dividend rate for AEP is 3.52, which was 3.47 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.033617515The stock’s 5-year Average Dividend Yield is 3.49.
