Analysts predict AES Corp. (AES) stock to reach $30.2 in the next 12 months

A share price of AES Corp. [AES] is currently trading at $16.70, up 1.83%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AES shares have gain 3.34% over the last week, with a monthly amount glided 5.96%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

AES Corp. [NYSE: AES] stock has seen the most recent analyst activity on April 18, 2024, when Mizuho initiated its Buy rating and assigned the stock a price target of $21. Previously, UBS downgraded its rating to Neutral on October 06, 2023, and dropped its price target to $13. On August 23, 2023, Barclays initiated with a Overweight rating and assigned a price target of $25 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $23 on June 22, 2023. Wolfe Research downgraded its rating to a Peer Perform. Credit Suisse started tracking with a Neutral rating for this stock on April 26, 2022, and assigned it a price target of $25. In a note dated March 22, 2022, Citigroup initiated an Buy rating and provided a target price of $27 on this stock.

AES Corp. experienced fluctuations in its stock price throughout the past year between $11.43 and $24.33. Currently, Wall Street analysts expect the stock to reach $30.2 within the next 12 months. AES Corp. [NYSE: AES] shares were valued at $16.70 at the most recent close of the market. An investor can expect a potential return of 80.84% based on the average AES price forecast.

Analyzing the AES fundamentals

Trailing Twelve Months sales for AES Corp. [NYSE:AES] were 12.68B which represents -3.01% decline. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.13 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of6.74.

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 16.34 points at the first support level, and at 15.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.91, and for the 2nd resistance point, it is at 17.12.

Ratios To Look Out For

To put it in perspective, the Current Ratio for AES Corp. [NYSE:AES] is 0.68. In addition, the Quick Ratio stands at 0.61 and the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 0.94, the price to book ratio is 6.78 and price to earnings (TTM) ratio is 50.99.

Transactions by insiders

Recent insider trading involved Falu Ricardo Manuel, EVP, COO, Pres. New Enrgy Tech, that happened on Mar 12 ’24 when 6.0 shares were purchased. EVP, COO, Pres. New Enrgy Tech, Falu Ricardo Manuel completed a deal on Dec 28 ’23 to buy 73.0 shares. Meanwhile, EVP & Chief HR Officer Mendoza Tish sold 21594.0 shares on Dec 13 ’23.

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