The stock of American Electric Power Company Inc. (NASDAQ:AEP) increased by $0.66 on Friday to finish at $99.70, up 0.67 percent. The last five days have seen an average of 2,783,940 shares of common stock traded. 18 times new highs were reached in the current year, with a gain of $10.73. The average number of shares traded over the last 20 days was 2,990,370, while the average volume over the last 50 days totaled 2,864,040.
AEP stock dropped -2.37% since last month. On 05/02/22, the company’s shares reached a one-month low of $96.99. The stock touched a high of $104.81 on 04/06/22, after rallying from a low of $80.22 in 52 weeks. The price of AEP stock has risen by 12.06% or $10.73 this year, reaching a new high 18 times. Still, the stock price is down -4.88% from the 52-week high.
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There have been 18 days since American Electric Power Company Inc. (AEP) last reported insider trading activity on May 05. On May 05, Executive VP, CFO SLOAT JULIA A sold 1,803 shares at $100.15 each. This transaction resulted in the insider making $180,570. On May 05, CHODAK PAUL III sold 2,008 shares at a price of US$100.15. After the transaction, the insider now owns 7,731 shares. Executive Vice President Feinberg David Matthew had earlier sold 2,454 shares on May 05 for $100.15 a share. The transaction was completed for $245,768.
American Electric Power Company Inc. (AEP) has a trailing price-to-earnings (P/E) ratio of 19.13. Beta for the stock is 0.33. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.97, the price-to-book (PB) ratio of 2.12, and the price-to-cash flow ratio of 12.87.
Company paid $0.78 per share in dividends, remained unchanged from $0.78 last year. A $0.04 dividend increase was reported on Tuesday October 19 2021.
For the three months ended March 30, American Electric Power Company Inc.’s quick ratio was 0.50, while its current ratio was 0.60, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending March 30 is 1.29, and the total debt to equity ratio is 1.56. As far as profitability goes, gross margin for the trailing twelve months is 68.40% percent. American Electric Power Company Inc.’s operating margin stood at 21.00% for the same period. Based on annual data, it had gross profit of $3.41 billion and revenue of $16.79 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. AEP’s return on assets (ROA) during the last 12 months has been 3.00%. There was a 5.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 11.70%.
According to American Electric Power Company Inc.’s quarterly financial report for the quarter that ended March 30, it had $30.86 billion in total debt versus $208.5 million in cash and short-term investments. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $4.59 billion, while revenues rose by 6.78% to $4.06 billion. It was predicted that American Electric Power Company Inc.’s quarterly earnings would be $1.22, but it ended up being $1.2, beating the consensus by 1.70%. EBITDA was $1.8 billion for the quarter. At the end of American Electric Power Company Inc.’s most recent quarter ended March 30, its liabilities totaled 65.79 billion, while its total debt was $37.9 billion. Equity owned by shareholders amounts to $513.54 million.
Here’s a quick look at American Electric Power Company Inc.’s (AEP) price momentum from a technical perspective. As of 20 May, the RSI 9-day stood at 49.84%, suggesting the stock is Neutral, with a 13.36% historical volatility rate.
The stochastic %K and %D were 52.10% and 52.28% respectively, while the average true range (ATR) was 2.26. Based on the 14-day stochastic reading of 56.88%, the RSI (14) reading is 50.35%. On the 9-day MACD Oscillator, the stock is at 0.04, and the 14-day reading is at -0.02.
In its analyst report released on April 26, 2022, Credit Suisse began covering American Electric Power Company Inc. (NASDAQ: AEP). The stock was rated as an Outperform by the brokerage firm. Analysts have assigned American Electric Power Company Inc. (AEP) an Overweight rating. AEP is a stock that is recommended for selling by 1 brokerage firm, while 4 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 13 others recommend it as a buy.