Somewhat Positive Press Coverage Somewhat Unlikely to Impact AES (NYSE:AES) Share Price

Media stories about AES (NYSE:AES) have trended somewhat positive on Saturday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog 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. AES earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.5215600194237 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have impacted Accern Sentiment’s analysis:

Shares of AES (NYSE:AES) traded up $0.08 during mid-day trading on Friday, hitting $11.04. The stock had a trading volume of 8,527,359 shares, compared to its average volume of 6,422,341. AES has a one year low of $10.00 and a one year high of $12.06. The firm has a market cap of $7,237.84, a PE ratio of -9.44, a PEG ratio of 1.12 and a beta of 1.21. The company has a current ratio of 0.99, a quick ratio of 0.89 and a debt-to-equity ratio of 3.20.

AES (NYSE:AES) last issued its quarterly earnings results on Thursday, November 2nd. The utilities provider reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.05). 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 analyst estimates of $3.63 billion. During the same quarter last year, the business posted $0.32 earnings per share. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. sell-side analysts predict that AES will post 1.01 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, January 31st. This is a positive change from AES’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a dividend yield of 4.71%. AES’s dividend payout ratio (DPR) is currently -41.03%.

AES has been the topic of several recent research reports. Bank of America raised AES from a “neutral” rating to a “buy” rating and set a $12.00 price target on the stock in a report on Monday, November 13th. Morgan Stanley lowered their target price on AES from $14.00 to $12.50 and set an “equal weight” rating on the stock in a research report on Wednesday, December 13th. Finally, ValuEngine upgraded AES from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $12.70.

In other AES news, COO Santos Bernerd Da bought 4,700 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was acquired at an average price of $10.60 per share, with a total value of $49,820.00. Following the completion of the transaction, the chief operating officer now directly owns 96,186 shares in the company, valued at approximately $1,019,571.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Andres Gluski bought 24,632 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was acquired at an average cost of $10.17 per share, with a total value of $250,507.44. Following the transaction, the insider now owns 868,396 shares of the company’s stock, valued at $8,831,587.32. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 38,832 shares of company stock valued at $401,407. Corporate insiders own 1.09% of the company’s stock.

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AES Company Profile

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.

Insider Buying and Selling by Quarter for AES (NYSE:AES)

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