AES Corp (NYSE: AES) is -21.41% lower on its value in year-to-date trading and has touched a low of $9.46 and a high of $20.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AES stock was last observed hovering at around $13.8 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $13.8, the stock is 10.47% and 20.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.84 million and changing 0.00% at the moment leaves the stock 12.01% off its SMA200. AES registered 7.23% gain for a year compared to 6-month loss of 19.69%. The firm has a 50-day simple moving average (SMA 50) of $11.4618 and a 200-day simple moving average (SMA200) of $12.32065.
The stock witnessed a 31.43% gain in the last 1 month and extending the period to 3 months gives it a 36.36%, and is 3.22% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.50% over the week and 3.82% over the month.
AES Corp (AES) has around 9100 employees, a market worth around $9.82B and $12.12B in sales. Current P/E ratio is 7.53 and Fwd P/E is 6.19. Profit margin for the company is 10.78%. Distance from 52-week low is 45.88% and -32.02% from its 52-week high. The company has generated returns on investments over the last 12 months (4.24%).
The EPS is expected to grow by 0.11% this year.
AES Corp (AES) Top Institutional Holders
922.0 institutions hold shares in AES Corp (AES), with institutional investors hold 92.07% of the company’s shares. The shares outstanding are 711.91M, and float is at 708.34M with Short Float at 4.78%. Institutions hold 91.64% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 92.86 million shares valued at $1.63 billion. The investor’s holdings represent 13.1263% of the AES Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL INTERNATIONAL INVESTORS with 69.47 million shares valued at $1.22 billion to account for 9.8197 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 54.3 million shares representing 7.6753% and valued at over $953.97 million, while FMR LLC holds 6.8109 of the shares totaling 48.18 million with a market value of $846.53 million.
AES Corp (AES) Insider Activity
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