After finishing at $15.55 in the prior trading day, AES Corp. (NYSE: AES) closed at $15.10, down -2.89%. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 14446556 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 7.10 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 Dec 13 when Mendoza Tish sold 21,594 shares for $18.95 per share. The transaction valued at 409,206 led to the insider holds 167,261 shares of the business.
AES CORP sold 7,087,500 shares of AES for $156,279,375 on Dec 08. The 10% Owner now owns 0 shares after completing the transaction at $22.05 per share. On Nov 09, another insider, Falu Ricardo Manuel, who serves as the SVP, COO, Pres. New Enrgy Tech of the company, bought 2,450 shares for $16.30 each. As a result, the insider paid 39,935 and bolstered with 61,981 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 10.73B and an Enterprise Value of 36.62B. As of this moment, AES’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.11, and their Forward P/E ratio for the next fiscal year is 7.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 6.13. Its current Enterprise Value per Revenue stands at 2.89 whereas that against EBITDA is 14.36.
Stock Price History:
Over the past 52 weeks, AES has reached a high of $26.41, while it has fallen to a 52-week low of $11.43. The 50-Day Moving Average of the stock is 17.67, while the 200-Day Moving Average is calculated to be 18.12.
Shares Statistics:
The stock has traded on average 6.01M shares per day over the past 3-months and 6.73M shares per day over the last 10 days, according to various share statistics. A total of 710.16M shares are outstanding, with a floating share count of 707.11M. Insiders hold about 0.43% of the company’s shares, while institutions hold 93.31% stake in the company. Shares short for AES as of Jan 31, 2024 were 22.47M with a Short Ratio of 3.74, compared to 15.05M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.36% and a Short% of Float of 5.15%.
Dividends & Splits
In the trailing 12 months, AES’s forward annual dividend rate was 0.00, compared to 0.67 this year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 4.48%. The stock’s 5-year Average Dividend Yield is 2.98. The current Payout Ratio is 191.49% for AES, which recently paid a dividend on May 15, 2024 with an ex-dividend date of Apr 30, 2024. Stock splits for the company last occurred on Jun 02, 2000 when the company split stock in a 2:1 ratio.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of $0.38 for the current quarter, with a high estimate of $0.47 and a low estimate of $0.28, while EPS last year was $0.22. The consensus estimate for the next quarter is $0.4, with high estimates of $0.47 and low estimates of $0.33.
Analysts are recommending an EPS of between $1.94 and $1.8 for the fiscal current year, implying an average EPS of $1.89. EPS for the following year is $2.06, with 11 analysts recommending between $2.11 and $1.96.
Revenue Estimates
3 analysts predict $3.14B in revenue for the current quarter. It ranges from a high estimate of $3.22B to a low estimate of $3.08B. As of the current estimate, AES Corp.’s year-ago sales were $3.24B, an estimated decrease of -3.10% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $3.12B, an increase of 3.00% over than the figure of -$3.10% in the same quarter last year. There is a high estimate of $3.15B for the next quarter, whereas the lowest estimate is $3.08B.
A total of 10 analysts have provided revenue estimates for AES’s current fiscal year. The highest revenue estimate was $13.69B, while the lowest revenue estimate was $10.78B, resulting in an average revenue estimate of $12.78B. In the same quarter a year ago, actual revenue was $12.67B, up 0.90% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $13.2B in the next fiscal year. The high estimate is $14.14B and the low estimate is $11.01B. The average revenue growth estimate for next year is up 3.30% from the average revenue estimate for this year.
