Don’t Let Recent momentum Confuse Your Outlook on American Electric Power Company Inc. [AEP]

American Electric Power Company Inc. [AEP] stock is down -1.50 while the S&P 500 has fallen -0.07% on Wednesday, 12/02/20. While at the time of this article, AEP ATR is sitting at 1.95, with the beta value at 0.22. This stock’s volatility for the past week remained at 1.74%, while it was 2.26% for the past 30-day period. AEP has fallen -$1.29 from the previous closing price of $85.87 on volume of 1.22 million shares.

On 19, November 2020, AEP Names Coleman Vice President Of Corporate Philanthropy And Community Engagement. According to news published on Yahoo Finance, American Electric Power (Nasdaq: AEP) has named Janelle N. Coleman to a new position as vice president, Corporate Philanthropy and Community Engagement, effective Nov. 30. She also will serve as president of the American Electric Power Foundation, effective Jan. 1, 2021, replacing Dale Heydlauff, senior vice president of Corporate Communications and current president of the AEP Foundation, following his retirement Dec. 31.

Analyst Birdseye View:

The most recent analyst activity for American Electric Power Company Inc. [NASDAQ:AEP] stock was on November 16, 2020, when it was Downgrade with a Peer perform rating from Wolfe Research. On May 20, 2020, Seaport Global Securities Initiated a Buy rating and boosted its price target on this stock to $86. On May 15, 2020, BofA/Merrill Downgrade a Neutral rating and increased its price target to $80. On April 20, 2020, Evercore ISI Upgrade an Outperform rating and increased its price target to $95. On March 13, 2020, KeyBanc Capital Markets Upgrade an Overweight rating and boosted its amount on this stock to $93. On March 10, 2020, Morgan Stanley Upgrade an Overweight rating and boosted its target amount on this stock to $102. On February 20, 2020, BMO Capital Markets Initiated an Outperform rating and improved its amount target to $111.

In the past 52 weeks of trading, this stock has oscillated between a low of $65.14 and a peak of $104.97. Right now, the middling Wall Street analyst 12-month amount mark is $98.00. At the most recent market close, shares of American Electric Power Company Inc. [NASDAQ:AEP] were valued at $84.58. According to the average price forecast, investors can expect a potential return of 0.78%.

FUNDAMENTAL ANALYSIS

American Electric Power Company Inc. [NASDAQ:AEP] most recently reported quarterly sales of 4.05 billion, which represented growth of -5.80%. This publicly-traded organization’s revenue is $892,440 per employee, while its income is $110,357 per employee. This company’s Gross Margin is currently 79.90%, its Operating Margin is 18.20%, its Pretax Margin is +11.81, and its Net Margin is +12.37. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.55, 9.94, 5.70 and 4.43 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 61.10 and the whole liability to whole assets at 38.97. It shows enduring liability to the whole principal at 51.73 and enduring liability to assets at 0.33 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 84.65 points at 1st support level, the second support level is making up to 83.43. But as of 1st resistance point, this stock is sitting at 86.52 and at 87.17 for 2nd resistance point.

American Electric Power Company Inc. [AEP] reported its earnings at $1.47 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.48/share signifying the difference of -0.01 and -0.70% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $1.08 calling estimates for $1.06/share with the difference of 0.02 depicting the surprise of 1.90%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for American Electric Power Company Inc. [NASDAQ:AEP] is 0.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.06. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.01, it’s amount to book ratio is 2.38 and showing 22.22 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by CHODAK PAUL III, Executive Vice President, and it was the sale of 2024.0 shares on Nov 12. McCullough Mark C, the Executive Vice President, completed a sale of 2244.0 shares on May 04. On May 04, Feinberg David Matthew, Executive Vice President, completed a sale of 2777.0 shares.