Keep The AES Corporation (AES) From Driving You Insane

The AES Corporation (AES) will probably climb 7.51 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $18price as 12-month high target. This represents a whopping 19.68 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $16, which represents a return potential of 6.38 percent when compared to the closing price of the stock of $15.04 on Monday, January 14. The lowest price target for the stock is $14 — slightly more than -6.91 percent from AES’s current share price.

The stock is currently hovering around the first support level of $14.8. Below this, the next support is placed in the zone of $14.55. Till the time, the AES stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 51.52 on daily chart, which may remain a cause for concern. If the price breaks below $14.55 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $15.27 mark may result into a pull-back move towards $15.49 level.

On 14th of January, The AES Corporation (NYSE:AES) shares ended lower after a volatile session. The shares dropped -0.35 points or -2.27 percent at $15.04 with a heavy trade volume of 7.779 million shares. After opening the session at $15.25, the shares went as high as $15.25 and as low as $14.78, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $9.93 billion and now has 660.14 million shares outstanding. The AES Corporation (AES) stock has lost -5.35 percent of market value in 21 trading days.

AES stock has a trailing 3-year beta of 0.97, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $0.36 a share in the trailing twelve months. The stock’s value has surged 4.01 percent year to date (YTD) against a rise of 37.23 percent in 12 month’s time. The company’s shares still trade -7.62 percent away from its 1-year high of $16.28 and 52.46 percent up from 52-week low of $9.86. The average consensus rating on the company is 0, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.

Shares of The AES Corporation (AES) are trading at a P/E ratio of 1729.52 times earnings reported for the past 12 months. The industry AES operates in has an average P/E of 13.22. Its P/E ratio went as low as 14.14X and as high as 958.75 over the 5-year span. Further, it is sporting a 0.92 on the Price-to-Sales ratio. Compare this with the industry average P/S of 2.19. 23.9 percent is the gross profit margin for The AES Corporation and operating margin sits at 0 percent. Along with this, the net profit margin is 0 percent.

Let’s take a look at some insider activity at The AES Corporation (NYSE:AES) and see the pattern. The earliest insider trade took place on 12/26/2018. Ubben Jeffrey W gathered a total of 35 thousand shares of company at average share price of $13.75. The total for the purchase was set at $481.25 thousand. After this transaction, the account balance stood at 1.56 million shares. The stock grew 9.38 percent since that insider purchase. On 11/13/2017, Da Santos Bernerd, Sr. VP and COO, purchased 4.7 thousand shares at a price per share of $10.6. This added 49.82 thousand shares to the insider’s fortune and the stock saw a 41.89 percent rally in value since the news became public. This transaction left 120.64 thousand shares in the Sr. VP and COO account.

On 11/13/2017, EVP, General Counsel and Secy Miller Brian A performed a purchase transaction worth $99.66 thousand. This purchase at $10.49 each has added 9.5 thousand shares into the insider’s portfolio position. Meanwhile, shares have recorded 43.37 percent increase since the transaction was reported. The insider now is left with 269.85 thousand shares remaining in the account. O’Flynn Thomas M., who performs the EVP and CFO job, bought 9.5 thousand shares for $101.08 thousand. The acquisition occurred on 11/13/2017 was priced at $10.64 per share. The share price soared 41.35 percent since the reporting date. O’Flynn Thomas M. now left with a stake of 306.31 thousand AES stock worth $4.61 million after the insider buying.