The AES Corporation (NYSE:AES) current consensus investment analysts is to Hold

The AES Corporation (NYSE:AES) current consensus investment analysts is to Hold

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.

Add Comment

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.