As of Thursday close, Ameren Corporation’s (NYSE:AEE) stock was down -$0.32, moving down -0.40 percent to $80.12. The average number of shares traded per day over the past five days has been 1,258,260 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.92 fall in that time frame. In the last twenty days, the average volume was 1,185,925, while in the previous 50 days, it was 1,264,692.
Since last month, AEE stock retreated -0.22%. Shares of the company fell to $76.65 on 09/05/23, the lowest level in the past month. A 52-week high of $93.01 was reached on 04/25/23 after having rallying from a 52-week low of $73.28. Since the beginning of this year, AEE’s stock price has dropped by -9.90% or -$8.80, and marked a new high 5 times. However, the stock has declined by -13.86% since its 52-week high.
AEE stock investors should be aware that Ameren Corporation (AEE) stock had its last reported insider trading activity 21 days ago on Sep 01. MOEHN MICHAEL L, the Sr Executive VP & CFO of the company, disposed of 3,155 shares for $79.63 on Sep 01. It resulted in a $251,233 divestment by the insider. Diya Fadi M sold 36,940 shares at an average price of $82.37 on Jun 13. The insider now owns 57,676 shares following the transaction. On Jun 01, Sr Executive VP & CFO MOEHN MICHAEL L sold 3,080 shares at $81.12 apiece. The transaction was valued at $249,850.
Valuation Metrics
Right now, Ameren Corporation (AEE) has a P/E ratio of about 18.75. The stock’s beta is 0.45. Besides these, the trailing price-to-sales (P/S) ratio of 2.58, the price-to-book (PB) ratio of 1.97.
The latest dividend of $0.63 per share was paid out, remained unchanged from last year’s $0.63. On Friday February 10 2023, a $0.04 dividend increase was announced.
Financial Health
In the three months ended June 29, Ameren Corporation’s quick ratio stood at 0.40, while its current ratio was 0.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.34, and the total debt-to-equity ratio was 1.50. On the profitability front, the trailing twelve-month gross margin is 70.50% percent. In the year ended June 29, EBITDA margin amounted to 37.11%, whereas operating margins totaled 19.00%. Based on annual data, AEE earned $1.51 billion in gross profit and brought in $7.96 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.20%. Return on equity (ROE) for the past 12 months was 10.60%.
In Ameren Corporation’s quarter-end financial report for June 29, it reported total debt of $14.33 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. AEE’s revenue rose 1.93% to $2.06 billion during the quarter, while net income inched up to $1.76 billion. While analysts expected Ameren Corporation to report $0.8 quarterly earnings, the actual figure was $0.9 per share, beating the consensus estimate by 12.50%. During the quarter, the company generated $704.0 million in EBITDA. The liabilities of Ameren Corporation were 28.12 billion at the end of its most recent quarter ended June 29, and its total debt was $16.01 billion. The value of shareholders’ equity is $262.75 million.
Technical Picture
This quick technical analysis looks at Ameren Corporation’s (AEE) price momentum. With a historical volatility rate of 12.24%, the RSI 9-day stood at 51.08% on 21 September.
With respect to its five-day moving average, the current Ameren Corporation price is down by -1.14% percent or -$0.92. At present, AEE shares trade -0.25% below its 20-day simple moving average and -9.95% percent below its 100-day simple moving average. However, the stock is currently trading approximately -5.26% below its SMA50 and -9.00% below its SMA200.
Stochastic coefficient K was 72.20% and Stochastic coefficient D was 75.42%, while ATR was 1.19. Given the Stochastic reading of 69.40% for the 14-day period, the RSI (14) reading has been calculated as 48.84%. As of today, the MACD Oscillator reading stands at 0.11, while the 14-day reading stands at 0.77.
Analyst Ratings
Barclays launched its rating on Ameren Corporation (NYSE: AEE) to an Equal weight in a note to investors on August 23, 2023. Ameren Corporation (AEE) has been rated Overweight by analysts. According to 0 brokerage firms, AEE is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Ameren Corporation stock as buy, with 7 recommending it as overweight.
With a median target price of $89.00, the current consensus forecast for the stock is $80.00 – $97.00. Based on these forecasts, analysts predict Ameren Corporation (AEE) will achieve an average price target of $88.42.
