American Electric Power Company Inc (NASDAQ:AEP) currently has a daily average trading volume of 4.31M but it saw 3340698 shares traded in last market. With a market cap of 54.98B USD, the company’s current market price of $102.93 came falling about -0.77 while comparing to the previous closing price of $103.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $110.48 and as low as $85.93.
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 4.40% up while it is -4.83% when we observe its performance for the past one month. Year-to-date it is 11.60% up and over the past year, the stock is showing an upside performance of 11.07%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 1.23 while estimate for next year EPS is 5.87. In next quarter, company is expected to be making quarterly sales of $5.75B as analysts are expecting the sales for current fiscal year at $21.24B and seeing the company making $22.65B in sales next year. Moreover, analysts are in estimates of $5.1B for current-quarter revenue.
Currently, American Electric Power Company Inc’s total number of outstanding shares is 534.00M with 0.03% of that held by the insiders while 86.15% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.15% and return on equity (ROE) at 10.41%. It has a price to earnings ratio (P/E ratio) of 19.86 while having a 16.37 of forward P/E ratio. Stock’s beta reads 0.41. Stock has a price to book (P/B) ratio of 2.01 while price to sale or P/S ratio amounts to 2.69. Its return on asset (ROA) is 2.73% on average.
