American Electric Power Co Inc (NASDAQ: AEP) has reported E.P.S. of $0.64 for its fourth fiscal quarter (ending December 31) versus $0.75 for the same period a year ago — a decline of -15%. This performance was $-0.62 short of the consensus estimate of $1.26. E.P.S. were $4.26 for the latest four quarters through December 31 versus $4.51 for the same period a year ago — a decline of -6%.
Recent Price Action
On 2/26/24, American Electric Power Co Inc (NASDAQ: AEP) stock declined by -2.0%, closing at $80.77. Moreover, above average trading volume at 132% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -0.7% during the last week.
Current PriceTarget Research Rating
AEP’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
American Electric Power has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. American Electric Power has a good Appreciation Score of 72 but a neutral Power Rating of 40, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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