The AES Corp (NYSE: AES) has reported earnings for its third fiscal quarter (ending September 30) of $0.72 versus $0.34 for the same period a year ago — an increase of 112%. E.P.S. were $1.45 for the latest four quarters through September 30 versus $-0.84 for the same period a year ago — a decline of -273%.
Recent Price Action
On 10/31/24, The AES Corp (NYSE: AES) stock rose modestly by 0.4%, closing at $16.49. Moreover, this advance was accompanied by unusually high trading volume at 174% of normal. The stock has performed in line with the market over the last nine months and has declined -3.5% during the last week.
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). This rating combines highly consistent signals from two proprietary PTR measures of a stock's attractiveness. AES has a neutral Power Rating of 57 and a neutral Appreciation Score of 59, producing 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.