There is no shortage of investors who are bullish on AES Corp. (AES) stock

At the time of writing, AES Corp. [AES] stock is trading at $17.91, up 0.67%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AES shares have gain 3.95% over the last week, with a monthly amount glided 2.17%, and seem to be holding up well over a long-time horizon.

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
Sponsored

From an analyst’s perspective:

AES Corp. [NYSE: AES] stock has seen the most recent analyst activity on May 21, 2024, when Seaport Research Partners downgraded its rating to a Neutral. Previously, Mizuho started tracking the stock with Buy rating on April 18, 2024, and set its price target to $21. On October 06, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $13 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $25 on August 23, 2023. BofA Securities downgraded its rating to a Neutral and reduced its price target to $23 on June 22, 2023. Wolfe Research downgraded its rating to Peer Perform for this stock on April 17, 2023. In a note dated April 26, 2022, Credit Suisse initiated an Neutral rating and provided a target price of $25 on this stock.

For the past year, the stock price of AES Corp. fluctuated between $11.43 and $22.21. Currently, Wall Street analysts expect the stock to reach $27.83 within the next 12 months. AES Corp. [NYSE: AES] shares were valued at $17.91 at the most recent close of the market. An investor can expect a potential return of 55.39% based on the average AES price forecast.

Analyzing the AES fundamentals

According to AES Corp. [NYSE:AES], the company’s sales were 12.52B for trailing twelve months, which represents an -4.75% plunge. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.26 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of10.21.

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 17.69 points at the first support level, and at 17.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.05, and for the 2nd resistance point, it is at 18.18.

Ratios To Look Out For

It is important to note that AES Corp. [NYSE:AES] has a current ratio of 0.78. As well, the Quick Ratio is 0.71, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 1.02, the price to book ratio is 4.39 and price to earnings (TTM) ratio is 24.80.

Transactions by insiders

Recent insider trading involved Kohan Sherry, SVP & Chief Accounting Officer, that happened on Jun 06 ’24 when 15000.0 shares were sold. EVP & Chief HR Officer, Mendoza Tish completed a deal on May 20 ’24 to sell 66250.0 shares. Meanwhile, EVP and President, Renewables Da Santos Bernerd sold 66250.0 shares on May 20 ’24.

Related Posts