A share price of American Electric Power Company Inc. [AEP] is currently trading at $102.05, down -1.02%. An important factor to consider is whether the stock is rising or falling in short-term value. The AEP shares have gain 2.31% over the last week, with a monthly amount glided 2.49%, 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 August 06, 2024, when BofA Securities downgraded its rating to a Underperform and also boosted its price target to $97 from $96. Previously, Ladenburg Thalmann upgraded its rating to Neutral on June 06, 2024, and elevated its price target to $86. On March 11, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $83 on the stock. Ladenburg Thalmann downgraded its rating to a Sell and decreased its price target to $73 on March 08, 2024. Barclays downgraded its rating to a Equal Weight and reduced its price target to $83 on February 28, 2024. Guggenheim downgraded its rating to Neutral for this stock on January 22, 2024, but kept the price target unchanged to $81. In a note dated January 11, 2024, Mizuho downgraded an Neutral rating on this stock but restated the target price of $83.
American Electric Power Company Inc. experienced fluctuations in its stock price throughout the past year between $69.38 and $104.41. Currently, Wall Street analysts expect the stock to reach $99.2 within the next 12 months. American Electric Power Company Inc. [NASDAQ: AEP] shares were valued at $102.05 at the most recent close of the market. An investor can expect a potential drop of -2.79% based on the average AEP price forecast.
Analyzing the AEP fundamentals
Trailing Twelve Months sales for American Electric Power Company Inc. [NASDAQ:AEP] were 19.76B which represents 2.90% growth. 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 101.50 points at the first support level, and at 100.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.08, and for the 2nd resistance point, it is at 104.10.
Ratios To Look Out For
To put it in perspective, the Current Ratio for American Electric Power Company Inc. [NASDAQ:AEP] 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 2.75, the price to book ratio is 2.08 and price to earnings (TTM) ratio is 20.36.
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.
