AES Corp (NYSE: AES) is -15.38% lower on its value in year-to-date trading and has touched a low of $9.46 and a high of $20.90 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 $10.51 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $10.89, the stock is 0.23% and 1.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.19 million and changing 3.62% at the moment leaves the stock -18.60% off its SMA200. AES registered -46.85% loss for a year compared to 6-month loss of -16.55%. The firm has a 50-day simple moving average (SMA 50) of $10.7644 and a 200-day simple moving average (SMA200) of $13.37875.
The stock witnessed a 5.73% gain in the last 1 month and extending the period to 3 months gives it a -3.20%, and is 7.93% 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 2.14% over the week and 4.10% over the month.
AES Corp (AES) has around 9100 employees, a market worth around $7.75B and $12.12B in sales. Current P/E ratio is 5.95 and Fwd P/E is 4.90. Profit margin for the company is 10.78%. Distance from 52-week low is 15.12% and -47.88% 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 0.46% this year.
AES Corp (AES) Top Institutional Holders
943.0 institutions hold shares in AES Corp (AES), with institutional investors hold 91.71% of the company’s shares. The shares outstanding are 711.91M, and float is at 708.34M with Short Float at 5.41%. Institutions hold 91.29% 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.
