The AES Corporation (AES) Earning Somewhat Favorable Press Coverage, Report Finds
News articles about The AES Corporation (NYSE:AES) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The AES Corporation earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 44.9954259805627 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Technical Eye on The AES Corporation (NYSE:AES) – The Oracle Examiner (oracleexaminer.com)
- BRIEF-VICI PROPERTIES COMPLETES SPIN-OFF FROM CAESARS ENTERTAINMENT (feeds.reuters.com)
- How expensive a The AES Corporation (AES) stock is? – Street Observer (press release) (streetobserver.com)
- Looming tax debate highlights corporate loopholes. Here’s whose been able to dodge the taxman. (bizjournals.com)
- AES hands over Kazakh power plants as concession expires (AES) (markets.businessinsider.com)
The AES Corporation (NYSE AES) opened at 11.19 on Friday. The stock’s market cap is $7.39 billion. The AES Corporation has a 52 week low of $10.60 and a 52 week high of $12.48. The company has a 50-day moving average price of $11.21 and a 200-day moving average price of $11.31.
The AES Corporation (NYSE:AES) last released its quarterly earnings data on Tuesday, August 8th. The utilities provider reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04. The business had revenue of $3.47 billion during the quarter, compared to the consensus estimate of $2.97 billion. The AES Corporation had a positive return on equity of 15.86% and a negative net margin of 5.30%. The firm’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.17 earnings per share. Analysts anticipate that The AES Corporation will post $1.05 earnings per share for the current year.
A number of equities analysts recently weighed in on AES shares. Zacks Investment Research raised The AES Corporation from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a research note on Thursday, August 24th. ValuEngine raised The AES Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. SunTrust Banks, Inc. reissued a “buy” rating and issued a $15.00 price target on shares of The AES Corporation in a research note on Wednesday, September 13th. Morgan Stanley reissued an “equal weight” rating on shares of The AES Corporation in a research note on Monday, July 10th. Finally, BidaskClub raised The AES Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Three analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $13.00.
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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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