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Sunday, December 3, 2023

Investing In AES Corp. (NYSE: AES): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for AES Corp. (AES) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.29, or -1.73%, to $16.50. The AES Corp. has recorded 75,170 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed AES Expects Full Year 2023 Adjusted EPS to be in the Top Half of Guidance Range of $1.65 to $1.75.

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Stocks Info

The company is listed on the NYSE and operates within the Utilities – Diversified industry segment. At the end of the last regular session, the stock closed at $16.79 and fluctuated between $16.84 as its day high and $15.63 as its day low. The current market capitalization of AES Corp. is $11.24B. A total of 12.32 million shares were traded on the day, compared to an average of 8.45M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, AES has seen 5 BUY and 0 SELL insider trades, representing the acquisition of 65,400 and the disposition of 0 shares. Over the last 12 months, there were 21 BUYs and 23 SELLs from insiders. Insiders purchased 1,318,808 shares during that period but sold 937,717.

In the most recent transaction, MONIE ALAIN bought 27,400 shares of AES for 18.27 per share on Aug 16. After the transaction, the Director now owns 28,725 company shares. In a previous transaction on Aug 10, Laulis Julia M. bought 1,500 shares at 19.51 per share. AES shares that Director owns now total 1,500.

Among the insiders who bought shares, Shaughnessy Maura acquired of 24,000 shares on Aug 08 at a per-share price of $19.45. This resulted in the Director holding 24,500 shares of AES after the transaction. In another insider transaction, Shaughnessy Maura bought 12,500 shares at $19.49 per share on Aug 08. Company shares held by the Director now total 60,653.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. AES’s most recent ex-dividend date was 10/31/2023 when it declared a $0.1659 quarterly dividend that was paid in cash on 11/15/2023. Previously, the company paid the dividend on 8/15/2023 with an ex-dividend date of 7/31/2023. The AES stock dividend was $0.1659 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for AES in the last 3 months, the mean price target is $20.78 with high estimates of $26.00 and low estimates of $15.00. In terms of 52-week highs and lows, AES has a high of $29.89 and a low of $11.43.

As of this writing, AES has an earnings estimate of $0.55 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.58 per share and a lower estimate of $0.53. The company reported an EPS of $0.22 in the last quarter, which was -4.30% lower than expectations of $0.23.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. AES’s latest balance sheet shows that the firm has $1.18B in Cash & Short Term Investments as of fiscal 2021. There were $18.70B in debt and $4.73B in liabilities at the time. Its Book Value Per Share was $2.90, while its Total Shareholder’s Equity was $4.57B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AES is Buy with a score of 4.13.

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