Somewhat Critical Press Coverage Somewhat Unlikely to Affect The AES Corporation (AES) Share Price
News headlines about The AES Corporation (NYSE:AES) have been trending somewhat negative this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. The AES Corporation earned a media sentiment score of -0.02 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 48.4649035236007 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have effected Accern’s rankings:
- Contrasting The AES Corporation (AES) & NV Energy (NVE) (americanbankingnews.com)
- The AES Corporation Q3 Earnings Retreat 10% (rttnews.com)
- The AES Corporation 2017 Q3 – Results – Earnings Call Slides (seekingalpha.com)
- Edited Transcript of AES earnings conference call or presentation 2-Nov-17 1:00pm GMT (finance.yahoo.com)
- AES Corp (AES) Misses on Q3 Earnings, Reaffirms ’17 Outlook – Nasdaq (nasdaq.com)
The AES Corporation (AES) opened at $10.49 on Monday. The stock has a market capitalization of $6,927.46, a price-to-earnings ratio of 10.39, a PEG ratio of 1.06 and a beta of 1.22. The company has a debt-to-equity ratio of 3.20, a quick ratio of 0.89 and a current ratio of 0.99. The AES Corporation has a one year low of $10.46 and a one year high of $12.48.
The AES Corporation (NYSE:AES) last released its quarterly earnings results on Thursday, November 2nd. The utilities provider reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.05). The firm had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.63 billion. The AES Corporation had a positive return on equity of 15.14% and a negative net margin of 5.43%. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the firm earned $0.32 EPS. research analysts forecast that The AES Corporation will post 1.02 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 4.58%. The ex-dividend date is Tuesday, October 31st. The AES Corporation’s dividend payout ratio (DPR) is presently -41.03%.
A number of equities research analysts have commented on the company. Morgan Stanley reissued an “equal weight” rating on shares of The AES Corporation in a report on Monday, July 10th. SunTrust Banks, Inc. reissued a “buy” rating and issued a $15.00 target price on shares of The AES Corporation in a report on Wednesday, September 13th. Zacks Investment Research downgraded The AES Corporation from a “buy” rating to a “hold” rating in a report on Monday, September 4th. BidaskClub downgraded The AES Corporation from a “sell” rating to a “strong sell” rating in a report on Monday, July 31st. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $12.00 target price on shares of The AES Corporation in a report on Monday, September 11th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $12.63.
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About The AES Corporation
The AES Corporation is a holding company. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. It is organized into six strategic business units (SBUs): the United States; Andes; Brazil; Mexico, Central America and the Caribbean (MCAC); Europe, and Asia.
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