At the time of writing, American Electric Power Company Inc. [AEP] stock is trading at $81.24, up 2.18%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AEP shares have lost -2.46% over the last week, with a monthly amount drifted -1.12%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
American Electric Power Company Inc. [NASDAQ: AEP] stock has seen the most recent analyst activity on March 11, 2024, when UBS downgraded its rating to a Sell and also revised its price target to $83 from $86. Previously, Ladenburg Thalmann downgraded its rating to Sell on March 08, 2024, and dropped its price target to $73. On February 28, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $83 on the stock. Guggenheim downgraded its rating to a Neutral but stick to its price target of $81 on January 22, 2024. Mizuho downgraded its rating to a Neutral but $83 remained the price target by the analyst firm on January 11, 2024. Ladenburg Thalmann upgraded its rating to Neutral for this stock on September 13, 2023. In a note dated August 23, 2023, Barclays initiated an Overweight rating and provided a target price of $88 on this stock.
For the past year, the stock price of American Electric Power Company Inc. fluctuated between $69.38 and $94.73. Currently, Wall Street analysts expect the stock to reach $101.11 within the next 12 months. American Electric Power Company Inc. [NASDAQ: AEP] shares were valued at $81.24 at the most recent close of the market. An investor can expect a potential return of 24.46% based on the average AEP price forecast.
Analyzing the AEP fundamentals
According to American Electric Power Company Inc. [NASDAQ:AEP], the company’s sales were 19.38B for trailing twelve months, which represents an -5.26% plunge. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 80.25 points at the first support level, and at 79.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 81.84, and for the 2nd resistance point, it is at 82.43.
Ratios To Look Out For
It is important to note that American Electric Power Company Inc. [NASDAQ:AEP] has a current ratio of 0.53. In addition, the Quick Ratio stands at 0.36 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 2.21, the price to book ratio is 1.69 and price to earnings (TTM) ratio is 19.13.
Transactions by insiders
Recent insider trading involved Akins Nicholas K, Executive Chair, that happened on May 02 ’23 when 10491.0 shares were sold. Executive Vice President, Feinberg David Matthew completed a deal on May 02 ’23 to sell 1616.0 shares. Meanwhile, Executive Vice President Beam Christian T sold 513.0 shares on May 02 ’23.
