Alert: Negative Investment/Fundamental Signals (7/17/24)-The AES Corp (NYSE: AES)

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The AES Corp (NYSE: AES) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.

Recent slight negative changes in fundamentals have impacted The AES Corp (NYSE: AES): significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, AES is expected to continue to be a major Value Builder.

AES has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AES has a neutral Appreciation Score of 50 and a slightly positive Power Rating of 61, leading to the Neutral Value Trend Rating.

Recent Price Action

The AES Corp (NYSE: AES) stock closed at $16.89 on 7/17/24 after a decline of -4.3%. NORMAL trading volume accompanied the decline. The stock has declined -4.5% during the last week but has been strong relative to the market over the last nine months.

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