The AES (AES) Earns Daily Media Sentiment Rating of 0.10
Media headlines about The AES (NYSE:AES) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. The AES earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned news coverage about the utilities provider an impact score of 46.2394486883373 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- BRIEF-Capital Power’s Whitla Wind Project Awarded 20-Year Contract By AESO (feeds.reuters.com)
- The AES (AES) Price Target Cut to $12.50 (americanbankingnews.com)
- Institutional Investor’s Presence in: The AES Corporation (NYSE:AES) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- The AES Corporation (NYSE: AES) – Today’s Hot Stock Under Review – Alpha Beta Stock (alphabetastock.com)
- The AES Corp. – Value Analysis (NYSE:AES) : December 13, 2017 (finance.yahoo.com)
AES has been the subject of a number of recent analyst reports. Zacks Investment Research raised The AES from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research report on Thursday, August 17th. BidaskClub raised The AES from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 23rd. ValuEngine downgraded The AES from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Morgan Stanley reissued an “equal weight” rating on shares of The AES in a research report on Friday, September 8th. Finally, Royal Bank of Canada reissued a “hold” rating and set a $12.00 price target on shares of The AES in a research report on Monday, September 11th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. The AES presently has a consensus rating of “Hold” and an average target price of $12.70.
The AES (NYSE AES) traded down $0.07 during mid-day trading on Wednesday, reaching $10.65. The company’s stock had a trading volume of 5,795,690 shares, compared to its average volume of 5,331,568. The AES has a 1 year low of $10.00 and a 1 year high of $12.47. 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 stock has a market capitalization of $7,171.80, a P/E ratio of 10.75, a PEG ratio of 1.30 and a beta of 1.21.
The AES (NYSE:AES) last posted its quarterly earnings results on Thursday, November 2nd. The utilities provider reported $0.24 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.05). The AES had a negative net margin of 5.43% and a positive return on equity of 15.14%. The firm had revenue of $3.63 billion for the quarter, compared to analysts’ expectations of $3.63 billion. During the same period last year, the firm posted $0.32 EPS. The AES’s revenue was up 2.5% on a year-over-year basis. equities analysts predict that The AES will post 1.01 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 4.88%. The ex-dividend date is Wednesday, January 31st. This is an increase from The AES’s previous quarterly dividend of $0.12. The AES’s payout ratio is -41.03%.
In related news, CFO Thomas M. O’flynn bought 9,500 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was bought at an average price of $10.64 per share, with a total value of $101,080.00. Following the completion of the transaction, the chief financial officer now directly owns 219,131 shares of the company’s stock, valued at $2,331,553.84. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO Santos Bernerd Da bought 4,700 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was bought at an average cost of $10.60 per share, with a total value of $49,820.00. Following the transaction, the chief operating officer now directly owns 96,186 shares of the company’s stock, valued at $1,019,571.60. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 38,832 shares of company stock valued at $401,407. 1.09% of the stock is owned by company insiders.
About The AES
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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