The AES Corporation (NYSE:AES) current consensus investment analysts is to Hold
The AES Corporation (NYSE:AES) stock is presently standing at about $11.02 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 11 analysts covering the company is $13.00, which suggests the stock could still rise over 15 percent. The highest analyst price target is $15.00, which implies a rally of 64 percent. And a quick view of analyst notes show that 4 are rating the stock a buy while 1 rate AES a strong buy. There are 5 equity research firms advocating a Hold and 0 consider it Sell.
RBC Capital Mkts analysts provided their view on The AES Corporation (NYSE:AES) recently. The rating firm issued a Sector Perform rating to this company in a research note released on Jan 04, 2017. BofA/Merrill analysts disclosed their opinion on The AES Corporation (NYSE:AES) recently. The rating firm gave a Underperform rating to this stock in a research note published on Nov 22, 2016. According to a research note disclosed on Oct 04, 2016, analysts at Barclays have lowered their rating on these shares from Overweight to Equal Weight.
The AES Corporation (NYSE:AES) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its VP and Controller Souza Fabian sold 2,764 company shares for 30290, in a transaction on 2016-03-07. Following the transaction, the VP and Controller is left with a stake of 26,646 shares, currently valued at $293639. Meanwhile, Sr. VP and CIO HACKENSON ELIZABETH purchased 5,000 shares worth $49050, through a transaction dated 2015-11-12. Following the completion of the transaction, the insider is left with a stake of 77,686 shares, amounting $856099.72. AES Sr. VP and COO Da Santos Bernerd also purchased 5,000 shares, at a stock price of $10.13. This transaction occurred on 2015-11-11 totals $50650. After this transaction, the insider’s stake stands at 79,520 shares, with a market value of $876310.
Executives hold 0.63 percent of the stock. Mr. Robert F. Hemphill,Jr is one of the biggest insider owners in The AES Corporation (NYSE:AES), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 1,299,408 shares which have current market value of around $14319476.16.Andres R. Gluski is another major inside shareholder in the company. The insider owns 843,764 shares as of 0.13%, currently worth $9298279.28. Mr. Paul T. Hanrahan is ranked as third insider holder of the stock. This insider holds 317,281 shares with a market value around $3496436.62 as of recent close.
The AES Corporation (NYSE:AES) Earnings Outlook
In The AES Corporation (NYSE:AES)’s latest quarter, EPS moved to $0.35 from $0.32 in preceding quarter and revenues reached at $3,544.00M compared to $3,542.00M. Analysts had expected The AES Corporation (NYSE:AES) to post net income of about $0.36 per share on $5,286.50M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.16 to $0.32. That is compared with the $0.13 in EPS it reported during the same period a year ago.