American Electric Power Company Inc. (NASDAQ:AEP) has a beta of 0.26, a 12-month trailing P/E ratio of 19.35, and a growth ratio of 3.31. The stock’s Relative Strength Index (RSI) is 49.74, with weekly volatility at 1.94% and ATR at 1.40. The AEP stock’s 52-week price range has touched low of $74.80 and a $94.21 high. Its shares traded higher over the last trading session, gaining 0.28% on 05/14/21. The shares fell to a low of $86.62 before closing at $86.76. Intraday shares traded counted 2.19 million, which was 30.14% higher than its 30-day average trading volume of 3.14M. AEP’s previous close was $86.52 while the outstanding shares total 499.75M.
Investors have identified the Utilities – Regulated Electric company American Electric Power Company Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $43.24 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
American Electric Power Company Inc. (AEP) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For AEP, the company has in raw cash 324.0 million on their books with 5.18 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 4.26 billion total, with 10.22 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 4.96 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AEP sounds very interesting.
Is the stock of AEP attractive?
In related news, Executive Vice President, Patton Charles R. sold 1,507 shares of the company’s stock in a transaction that recorded on May 04. The sale was performed at an average price of 88.39, for a total value of 133,204. As the sale deal closes, the EVP – Transmission, McCullough Mark C now sold 2,062 shares of the company’s stock, valued at 182,260. Also, Executive Vice President, Feinberg David Matthew sold 2,539 shares of the company’s stock in a deal that was recorded on May 04. The shares were price at an average price of 88.39 per share, with a total market value of 224,422. Following this completion of acquisition, the Executive Vice President, CHODAK PAUL III now holds 1,869 shares of the company’s stock, valued at 164,640. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
12 out of 19 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on American Electric Power Company Inc.. 1 analysts has assigned a Sell rating on the AEP stock. The 12-month mean consensus price target for the company’s shares has been set at $96.60.