Wolfe Research raised the price target for the The AES Corporation (NYSE:AES) stock from “a Peer perform” to “an Outperform”. The rating was released on August 06, 2021. The research report from Seaport Global Securities has initiated the stock to Buy, with a price target set at $17. The stock was upgraded by RBC Capital Mkts, who disclosed in a research note on April 02, 2020, from Sector Perform to Outperform and set the price objective to $18. In their research brief published March 30, 2020, BofA/Merrill analysts upgraded the The AES Corporation stock from Neutral to Buy with a price target of $15.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
The latest trade, Performances and Moving Averages give us the following Picture
The share price of The AES Corporation (NYSE:AES) dipped -0.29% to close Monday’s market session at $24.25, lower as compared to yesterday’s close. The stock price fluctuated between $24.00 and $24.48 throughout the trading session with the volume trading being 5701798 shares, which represented a significant variation when compared to the three months average volume of 4.94 million shares. The firm’s stock price fluctuated -0.45% within the last five trades and 1.46% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -10.91% in the last 6 months and -5.64% was subtracted to its value over the previous 3 months. AES stock is trading at a margin of 0.09%, -2.88% and -3.58% 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 -16.58 percent below its 52-week high and 41.61 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 23.48. 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 6.50 percent and the profit margin is -1.30 percent, and the company has reported a gross margin of 29.30 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 $15.71 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 is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 14.52. 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 1.50 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 7.26, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.30 percent of The AES Corporation shares are owned by insiders, and 98.70 percent are held by financial institutions. Gluski Andres, the President and CEO at The AES Corporation (AES) has sold 245,665 shares of firm on Aug 10 at a price of $24.43 against the total amount of $6.0 million. In another inside trade, Mendoza Tish, EVP & Chief HR Officer of The AES Corporation (NYSE:AES) sold 32,028 shares of the firm on Aug 10 for a total worth of $0.78 million at a price of $24.38. An inside trade which took place on Aug 10, EVP and COO of The AES Corporation Da Santos Bernerd sold 51,941 shares of firm against total price of $1.26 million at the cost of $24.33 per share.