American Electric Power Company Inc. [AEP] stock is trading at $84.20, up 1.99%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AEP shares have gain 2.56% over the last week, with a monthly amount glided 1.63%, and 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.
American Electric Power Company Inc. [AEP] stock has fluctuated between $69.38 and $94.73 over the past year. 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 $84.20 at the most recent close of the market. An investor can expect a potential return of 20.08% based on the average AEP price forecast.
Analyzing the AEP fundamentals
American Electric Power Company Inc. [NASDAQ:AEP] reported sales of 19.38B for the trailing twelve months, which represents a drop of -5.26%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.73.
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 83.05 points at the first support level, and at 81.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 85.04, and for the 2nd resistance point, it is at 85.89.
Ratios To Look Out For
For context, American Electric Power Company Inc.’s Current Ratio is 0.53. Also, the Quick Ratio is 0.36, while the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 2.29, the price to book ratio is 1.75 and price to earnings (TTM) ratio is 19.82.
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.
