The Short-term Rise and Fall of American Electric Power Company Inc. (AEP) Stock

American Electric Power Company Inc. [AEP] stock is trading at $101.79, up 0.54%. An important factor to consider is whether the stock is rising or falling in short-term value. The AEP shares have gain 5.54% over the last week, with a monthly amount glided 16.25%, 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 June 06, 2024, when Ladenburg Thalmann upgraded its rating to a Neutral and also boosted its price target to $86 from $73. Previously, UBS downgraded its rating to Sell on March 11, 2024, and dropped its price target to $83. On March 08, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $73 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $83 on February 28, 2024. Guggenheim downgraded its rating to a Neutral but $81 remained the price target by the analyst firm on January 22, 2024. Mizuho downgraded its rating to Neutral for this stock on January 11, 2024, but kept the price target unchanged to $83. In a note dated September 13, 2023, Ladenburg Thalmann upgraded an Neutral rating on this stock.

American Electric Power Company Inc. [AEP] stock has fluctuated between $69.38 and $101.37 over the past year. Currently, Wall Street analysts expect the stock to reach $98.7 within the next 12 months. American Electric Power Company Inc. [NASDAQ: AEP] shares were valued at $101.79 at the most recent close of the market. An investor can expect a potential drop of -3.04% based on the average AEP price forecast.

Analyzing the AEP fundamentals

American Electric Power Company Inc. [NASDAQ:AEP] reported sales of 19.76B for the trailing twelve months, which represents a growth of 2.90%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.68.

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 99.56 points at the first support level, and at 97.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 104.19, and for the 2nd resistance point, it is at 106.58.

Ratios To Look Out For

For context, American Electric Power Company Inc.’s Current Ratio is 0.65. On the other hand, the Quick Ratio is 0.48, and the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 2.74, the price to book ratio is 2.07 and price to earnings (TTM) ratio is 20.31.

Transactions by insiders

Recent insider trading involved Beasley J Barnie, Former Director, that happened on Aug 01 ’24 when 3218.0 shares were purchased. Officer, Risch Therace completed a deal on Jul 30 ’24 to buy 5274.0 shares. Meanwhile, Executive Vice President Smyth Antonio P sold 4898.0 shares on Jun 05 ’24.

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