The AES Corporation (AES): Finding A Signal Amidst The Noise

Wall Street analysts will be watching closely when The AES Corporation (NYSE:AES) reports its quarterly earnings next, which is scheduled for Wed 27 Feb (In 15 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.32 per share. In the preceding quarter, the company reportedly generated EPS of $0.35 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of , a profit margin of and a gross margin of 23.90%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of The AES Corporation (NYSE:AES). Most recently, on July 2nd, 2018, BofA/Merrill Downgrade a Underperform rating. Before that, on May 16th, 2018, BofA/Merrill Downgrade to Neutral. Morgan Stanley Resumed a Equal-Weight rating on April 27th, 2018, BofA/Merrill Upgrade an Buy rating on November 13th, 2017, and BofA/Merrill Upgrade a Neutral rating on October 24th, 2017.

At its current price point, combined with the fact that this company has 662.00M shares outstanding, the current market capitalization sits at 11.37B. In the last trading day, 6,008,895 shares of The AES Corporation were traded, which compares to its usual volume of about 6.23M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.23 in the past five trading days, resulting in a percentage change of +1.36% and a moving average of 17.13. In the past 20 days, its price changed by $2.14 (which is +14.23%) and the stock’s moving average was 16.30. Looking back a full 50 days, shares of AES changed by $1.67 (which is +10.77%) and demonstrated a moving average of 15.53.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 86.95%, a 14-day Stochastic %K score of 88.92% and a 20-day Stochastic %K score of 92.26%. Using a similar metric, The AES Corporation (AES) shares showed a Stochastic %D of 92.25% over the past 9 days, a Stochastic %D score of 93.57% over the last 14 days, and a 20-day Stochastic %D of 95.48%. Meanwhile, this stock’s MACD Oscillator was 0.24 over the past 9 days, 0.58 over the past two weeks, and 0.89 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $17.18 level. Over the past 12 months, this stock has experienced a high price of $17.46 and a low of $10.03. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from The AES Corporation (NYSE:AES) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 83,976,428 shares of the company’s stock following the addition of 3,035,890 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 12.68% stake in The AES Corporation (AES)’s shares.

Just in the most recent trading day, The AES Corporation (NYSE:AES) experienced a high price of $17.24 and low point of $17.065. At the end of the last trading session, this stock was at 17.18 per share, following a gain of $0.04, or 0.12% during the full day.