Seaport Global Securities raised the price target for the The AES Corporation (NYSE:AES) stock to “a Buy”. The rating was released on May 20, 2020. We previously noted in another research note published on April 02, 2020 by RBC Capital Mkts that upgraded the stock from a Sector perform to an Outperform with a price target of $18 for AES stock. The research report from BofA/Merrill has upgraded the stock from Neutral to Buy, with a price target set at $15. The stock was upgraded by Morgan Stanley, who disclosed in a research note on March 23, 2020, from Equal-Weight to Overweight and set the price objective to $16.50. In their research brief published March 16, 2020, UBS analysts upgraded the The AES Corporation stock from Neutral to Buy with a price target of $16.
Historical Earnings Surprises and Revenue Forecasts
Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.48 during the last quarter as opposed to a consensus estimate of $0.44, which indicates the company beat its estimate by $0.04, which implies that the company surprised the market by 9.10%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2021) is $0.3. This is an average of 7 analysts’ earnings, where the high earnings per share estimate is $0.34 and the low earnings per share estimate is $0.28. According to 2 analyst estimates, an average revenue estimate of $2.37B is projected for the current quarter with a high revenue estimate of $2.41B and a low estimate of $2.33B.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of The AES Corporation (NYSE:AES) raised 0.61% to close Wednesday’s market session at $27.97, higher as compared to yesterday’s close. The stock price fluctuated between $27.72 and $28.02 throughout the trading session with the volume trading being 3296346 shares, which represented a significant variation when compared to the three months average volume of 6.52 million shares. The firm’s stock price fluctuated -1.48% within the last five trades and 7.29% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 35.91% in the last 6 months and 21.82% was added to its value over the previous 3 months. AES stock is trading at a margin of 0.35%, 2.22% and 26.42% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, AES deals in the Utilities domain. The stock is trading -3.78 percent below its 52-week high and 154.27 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 108.83. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does The AES Corporation’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 14.50 percent and the profit margin is 0.50 percent, and the company has reported a gross margin of 27.90 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $18.70 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for The AES Corporation (NYSE:AES) is 508.55. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 16.63. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.94 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 7.06, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
UBBEN JEFFREY W, the Director at The AES Corporation (AES) has bought 500,000 shares of firm on Jun 11 at a price of $12.22 against the total amount of $6.11 million. In another inside trade, UBBEN JEFFREY W, Director of The AES Corporation (NYSE:AES) bought 500,000 shares of the firm on May 15 for a total worth of $5.83 million at a price of $11.67.
How The AES Corporation (AES) Stock Is Sustainable?
To Conclude, the score of Environmental, Social and Governance (ESG) has been traditionally used by investors to measure the actions of corporations and to make their future financial predictions. According to the ESG rating scale, there are five hazard levels in the scale: marginal, weak, moderate, high, and extreme. The next generation ESG score is a scale from 0 to 100 where 100 represents the most extreme situation. The score was designed to assist investors at safety and investment level in identifying and recognizing financially relevant ESG threats. A current assessment of the The AES Corporation’s sustainability factors indicates that it scores at 74 or 74th percentile overall, with an Environment Score of 21 or 21 percentile, a Social Score of 8 or 8 percentile, and a Governance Score of 6 or 6 percentile.