Ameren Corp (AEE) shares projected to rise by -1.43%

At the time of writing, Ameren Corp [AEE] stock is trading at $91.39, down -0.70%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AEE shares have gain 4.12% over the last week, with a monthly amount glided 3.93%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Ameren Corp [NYSE: AEE] stock has seen the most recent analyst activity on September 20, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $97. Previously, Mizuho upgraded its rating to Outperform on September 16, 2024, and elevated its price target to $89. Barclays upgraded its rating to a Overweight and increased its price target to $77 on May 30, 2024. Goldman initiated its recommendation with a Sell and recommended $73 as its price target on April 10, 2024. BofA Securities downgraded its rating to Neutral for this stock on January 04, 2024, and downed its price target to $77. In a note dated December 18, 2023, JP Morgan downgraded an Neutral rating on this stock.

For the past year, the stock price of Ameren Corp fluctuated between $67.03 and $92.77. Currently, Wall Street analysts expect the stock to reach $90.08 within the next 12 months. Ameren Corp [NYSE: AEE] shares were valued at $91.39 at the most recent close of the market. An investor can expect a potential drop of -1.43% based on the average AEE price forecast.

Analyzing the AEE fundamentals

According to Ameren Corp [NYSE:AEE], the company’s sales were 7.30B for trailing twelve months, which represents an 5.49% jump. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.11 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.31.

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 90.61 points at the first support level, and at 89.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 92.38, and for the 2nd resistance point, it is at 93.36.

Ratios To Look Out For

It is important to note that Ameren Corp [NYSE:AEE] has a current ratio of 0.63. As well, the Quick Ratio is 0.41, while the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 3.34, the price to book ratio is 2.06 and price to earnings (TTM) ratio is 21.51.

Transactions by insiders

Recent insider trading involved Nwamu Chonda J, EVP, GC & Secretary, that happened on Aug 28 ’24 when 1610.0 shares were sold. Officer, Nwamu Chonda J completed a deal on Aug 28 ’24 to buy 1610.0 shares. Meanwhile, Sr Executive VP & CFO MOEHN MICHAEL L sold 6500.0 shares on Aug 20 ’24.

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