American Electric Power Company Inc (NASDAQ: AEP) – Time For Strategy Change?

American Electric Power Company Inc (NASDAQ:AEP) currently has a daily average trading volume of 4.24M but it saw 3106299 shares traded in last market. With a market cap of 59.85B USD, the company’s current market price of $107.54 came falling about -0.74 while comparing to the previous closing price of $108.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $110.48 and as low as $85.70. In the recent trading on the day, stock has struck highest price mark of $107.125 while lowest mark touched by it was $108.75.

Taking a look at 20-day trading activity of American Electric Power Company Inc (AEP) gives us an average price of $105.95, while its current price level is -2.66% below from 52-week high level whereas it is 25.48% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $105.72 while that of 200 days or SMA-200 reads an average of $99.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.85% during that period while stretching the period over a month that increases to 2.67%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.51 which implies that the stock is in neutral territory.

BofA Securities upgraded its recommendation for the stock as a “Buy” from “Underperform” on January 13, 2025 while assigning a price target range of $98-$104. Scotiabank issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $105 and $102.

Over the week, AEP’s stock price is moving 0.79% up while it is -0.77% when we observe its performance for the past one month. Year-to-date it is 16.60% up and over the past year, the stock is showing an upside performance of 24.08%.

The company is expected to be releasing its next quarterly report on 2025-Feb-12, for which analysts forecasted an EPS of 1.4 while estimate for next year EPS is 5.87. In next quarter, company is expected to be making quarterly sales of $4.99B as analysts are expecting the sales for current fiscal year at $21.33B and seeing the company making $22.55B in sales next year. Moreover, analysts are in estimates of $5.18B for current-quarter revenue.

Currently, American Electric Power Company Inc’s total number of outstanding shares is 556.54M with 0.03% of that held by the insiders while 80.81% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.44% and return on equity (ROE) at 11.37%. It has a price to earnings ratio (P/E ratio) of 19.25 while having a 17.11 of forward P/E ratio. Stock’s beta reads 0.44. Stock has a price to book (P/B) ratio of 2.13 while price to sale or P/S ratio amounts to 3.01. Its return on asset (ROA) is 2.89% on average.